About Us

What do we do at Fibra Mty?

  • We acquire and manage a portfolio of first-class corporate properties with a focus on the office and industrial sectors.

    We reshape real estate profitability through a clearly defined and robust business model.

    We operate under the most stringent standards of environmental, social and governance (ESG) responsibility to safeguard the interests of our stakeholders.

What sets us apart?

We foster long-term investments with tangible benefits.

We seek the success of our investors and society in a responsible and sustainable manner, while take care of the environment.

We have fair, respectful, and strong relationships with all our stakeholders.

We do things right, which is why we have built our Company on a strong foundation of transparency, honesty, shared responsibility, accountability, continuous improvement, and passion.

Who is on Fibra Mty’s
management team?

Federico Garza Santos

Chairman of the Technical Committee

Mr. Federico Garza Santos has over 20 years of experience in the construction and management of real estate portfolios. Mr. Garza Santos is an entrepreneur and currently Chairman of the Board of Directors of Grupo Delta, a leading real estate development, investment and project management company that has developed more than one million square meters, a company of which he was CEO, where he developed extensive experience in the development and operation of real estate. On the other hand, he actively participates in organizations that promote social development and citizen participation in the communities. He is also chairman of the board of directors of Numa Inmuebles, a company dedicated to providing real estate consulting, as well as the development and marketing of residential and commercial real estate. Moreover, Mr. Garza Santos is chairman of the technical committee of Deltack, capital administrators for the development of real estate projects in Mexico, and member of the board of directors of Desarrollos Delta USA, Tres Vidas Acapulco, Arinmsur, Citadela Mérida and member of the board of directors of Promotora Ambiental and Inmobiliaria Macroplaza. He is 56 years old. Mr. Garza Santos holds a degree in industrial and systems engineering from the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM).

Jorge Avalos Carpinteyro Chief Executive Officer, CEO
I am proud to work for a company that has achieved a reputation for honor, execution and setting an example for the market.
Javier Llaca García Chief Operating Officer, COO
Our company is living proof that in Mexico it is possible to be a truly public company, with a professional, transparent, and responsible structure. We have proven that the alignment of interests between shareholders, managers, customers, and service providers makes a company great.
Jaime Martínez Trigueros Chief Financial Officer, CFO
For me, Fibra Mty is an example that it is worth thinking big, it is worth working in accordance with best practices, and that you can be successful by doing things the right way.

Jorge Avalos Carpinteyro

Chief Executive Officer, CEO

Mr. Jorge Avalos Carpinteyro participated in the development of Banco Invex since its inception, where he held a number of positions for more than 20 years until he was appointed as Regional Director in Monterrey and the Northern region. Mr. Avalos was a member of the Board of Directors of Invex Grupo Financiero from 2011 until his departure. Mr. Avalos holds a B.A. in Accounting from the Instituto Tecnológico Autónomo de México (ITAM), and an MBA from the University of Dallas. He has also completed a Management Program (D1) from Instituto Panamericano de Alta Dirección (IPADE) and a Business Diploma from Harvard University.

Javier Llaca García

Chief Operating Officer, COO

Mr. Javier Llaca García has over 25 years of experience in the real estate market, and has a deep knowledge of the office, commercial, industrial, and mixed-use industries, particularly in planning, organization, marketing, and operations. Mr. Llaca served at Jones Lang LaSalle for 14 years, where he held several positions until he was appointed executive VP. Mr. Llaca holds a bachelor’s degree in Electronics and Communications Engineering and a certificate in Corporate Finance from the Instituto Tecnológico de Estudios Superiores de Monterrey (ITESM). He served as Chairman of the Urban Land Institute Mexico from 2016 to 2018.

Jaime Martínez Trigueros

Chief Financial Officer, CFO

Mr. Jaime Martínez Trigueros has a 26-year career in the financial markets, as well as extensive knowledge in asset management, investor relations, investment products structuring, and Mexican financial regulation. Mr. Martínez acted as Private Banking Manager, Investment Fund Operator and Director of FP&A at Vector Casa de Bolsa. Mr. Martínez holds a bachelor’s degree in Economics from the Instituto Tecnológico Autónomo de México (ITAM) and completed IPADE’s Senior Management Program (D1).

Verónica Barajas Treviño

Comptroller

Ms. Verónica Barajas Treviño has over 12 years of experience preparing and reporting financial information for publicly traded companies. Ms. Barajas was Chief of External Financial Information at Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), and was in charge of auditing at PricewaterhouseCoopers. She holds a degree in Public Accounting and Auditing from Universidad Autónoma de Nuevo León (UANL) with a certificate in International Financial Reporting Standards (IFRS).

Victor Treviño Herrera

Treasury Director

Mr. Victor Treviño Herrera has over 21 years of corporate experience holding numerous key positions within the largest companies in Monterrey. Mr. Treviño acted as a Treasurer Director at Vitro, S.A.B. de C.V. and Director of Administration and Finance at Desarrollos Delta, S.A. de C.V. Mr. Treviño is a Chemical Engineer from the Instituto Tecnológico de Estudios Superiores de Monterrey (ITESM). He also holds an MBA from the same institution, as well as a Diploma in Options, Futures, and Derivatives from the University of Chicago, Illinois.

Eduardo Elizondo Santos

Legal Counselor

Mr. Eduardo Elizondo Santos has over 19 years of experience serving as a corporate and transactional attorney. Mr. Elizondo was a partner in the law firm Garza Durán Elizondo, S.C., advising several public and private companies. He also served as in-house legal counselor at Axtel, S.A.B. de C.V. and Grupo Financiero Banorte, S.A.B. and C.V. Mr. Elizondo holds a B.A. in Law from Universidad de Monterrey and holds a master’s degree in International Commercial Law (LLM) from Southampton University, in England, UK.

André de Sousa Ramalho

Property Administration Manager

Mr. André de Sousa Ramalho has over 17 years of experience in the construction, development, and management of real estate assets. He was a member of Grupo EISA’s international expansion direction in the Iberian Peninsula, Project Manager at ESCALA and Construction Manager at One Development Group where he was responsible for the Arboleda comercial, Residencial and La Nube projects, among others. Mr. André holds a degree in Electromechanics from the Marques de Castillo Technical School, a B.A. in Architecture from the Escuela de Arquitectura y Artes de la Fundación Minerva (FAAUL) and an MBA from the University of North Carolina, Charlotte, US.

Luis Delgado de la Fuente

Head of Acquisitions

Mr. Luis Delgado de la Fuente has over 17 years of experience in the financial sector, including commercial, private, and corporate banking. Mr. Delgado acted as Deputy Director of Corporate Banking in the Northern region for Banco Invex. Mr. Delgado holds a degree in Public Accounting and Auditing from Universidad de Monterrey.

What is our strategy?

We gauge the quality of our decision making to the highest international standards. Accountability and alignment of incentives are the basis for meeting our objectives. Our corporate governance features:

  1. An internal administration, we do not charge commissions.
  2. The absence of a control group; no shareholder has a stake over 15%.
  3. A diversified and annually elected technical committee.
  4. Relevant decisions such as capital issuances and significant acquisitions are made by investors.

Our tenants have an international presence and are diversified in different economic sectors.

The leases we sign with our customers are long-term and mostly dollarized.

Through constant investments and renovations to our buildings, we remain at the forefront of our industry and maintain high levels of customer satisfaction.

When making acquisitions, we focus on the quality of the location, the property, the tenant, and the lease.

In order to have consistent and predictable returns, all of our acquisitions are 100% stabilized. Fibra Mty does not develop or purchase speculative (unoccupied) buildings.

We constantly lower the risk of our portfolio by making investments in different locations and with an appropriate mix between industrial and office properties.

In order to grow steadily and responsibly, Fibra Mty has clear guidelines regarding its sources of financing. Among the relevant principles are:

  1. A prudent level of indebtedness (debt less than 35% of assets).
  2. A moderate amount of cash on hand.
  3. Credit lines available if needed.
  4. Capital issuances are made on fair terms for investors.
  5. Adequate risk management.

Our Journey

2020
Fibra Mty becomes the first Mexican REIT to issue foreign currency debt in the Mexican market.
2019
Fibra Mty carries out the second issuance of CBFIs under its at-the-market program for approximately Ps. 3,900 million.
Acquisition of the “Garibaldi” portfolio.
2018
Acquisition of the “Patria” building.
Acquisition of the “Zinc” building.
Acquisition of the “Filios” portfolio.
Fibra Mty arranges a US$150 million syndicated loan.
2017
Fibra Mty becomes the first Mexican REIT to establish a launch an issuance program for up to Ps. 10,000 million.
Fibra Mty carries out the first issuance of CBFIs under its at-the-market issuance program for approximately Ps. 1,500 million.
Acquisition of the “Huasteco” portfolio.
Acquisition of the “Cuauhtémoc” building.
2016
Fibra Mty carries out a Ps. 2,2260 million follow-on offering.
Acquisition of the "Nico 1" building.
Acquisition of the "Providencia" portfolio.
Acquisition of the "Fortaleza" acquisition.
Acquisition of the "Cienaga" building.
Acquisition of the "Catacha 2" building.
2015
Acquisition of the “Casona” portfolio.
Acquisition of the "Catacha" building.
Acquisition of the "Santiago" building.
Acquisition of the "Monza-2" building.
Acquisition of the "Prometeo" building.
Fibra Mty arranges a US$100 million syndicated loan.
2014
Fibra Mty successfully completed its IPO on the Mexican Stock Exchange under the ticker symbol "FMTY-14".
Fibra MTY was created through an agreement signed between Fibra MTY, acting as the trustor, Banco Invex, acting as the trustee, and Grupo Financiero Monex, acting as the Common Representative.