High-quality Portfolio
Tenants with high credit ratings and international presence.
100% stabilized real estate.
Primarily dollarized revenue with long-term maturities.
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Portfolio quality in terms of
1 Location
2 Real Estate
3 Clients
4 Lease Contracts
Portfolio diversified by
1 Location
2 Segment and Sector
3 Clients
4 Currency
5 Maturities
Operating Metrics*
* As of 3Q24.
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Key Portfolio Performance Metrics
Segment | Location | GLA (m2) | 3Q24 Total Revenue |
3Q23 Total Revenue |
Δ% 3Q24 vs 3Q23 |
2Q24 Total Revenue |
Δ% 3Q24 vs 2Q24 |
---|---|---|---|---|---|---|---|
Industrial | 1,541,290 | 523,185 | 391,864 | 33.5% | 434,970 | 20.3% | |
Northeast(1) | 727,829 | 247,413 | 209,234 | 18.2%(8,9) | 220,599 | 12.2%(8,9) | |
Bajio(2) | 486,355(7) | 175,801 | 97,164 | 80.9%(5,6,7,13) | 123,928 | 41.9%(6,7) | |
Other markets(3) | 160,923 | 45,506 | 37,018 | 22.9%(5,9) | 40,980 | 11.0%(5,9) | |
Northwest(4) | 106,782 | 35,621 | 32,192 | 10.7%(9,15) | 32,482 | 9.7%(9) | |
Guadalajara | 59,401 | 18,844 | 16,256 | 15.9%(9) | 16,981 | 11.0%(9) | |
Corporate Ofiices | 130,476 | 145,988 | 137,191 | 6.4% | 138,135 | 5.7% | |
Guadalajara | 61,449 | 79,591 | 74,344 | 7.1%(9,10) | 75,060 | 6.0%(9,10) | |
Monterrey | 53,768 | 54,687 | 50,200 | 8.9%(12) | 52,211 | 4.7% | |
Mexico City Metropolitan Area | 15,259 | 11,710 | 12,647 | (7.4%)(14) | 10,864 | 7.8% | |
Operating Offices | Multiple | 75,302 | 47,962 | 40,791 | 17.6%(11) | 44,195 | 8.5%(11) |
Retail | Multiple | 19,350 | 9,143 | 8,868 | 3.2% | 9,143 | 0.1% |
Total | 1,766,418 | 726,288 | 578,714 | 25.5% | 626,443 | 15.9% |
Data | |
---|---|
1‐3 |
Real Estate Asset: OEP Portfolio(1) Location: Nuevo Leon GLA (m2): 45,633(5) 4Q22 Total Revenue:42,226 4Q21 Total Revenue: 50,128 Δ% 4Q22 vs 4Q21: (15.8%) 3Q22 Total Revenue:42,509 Δ% 4Q22 vs 3Q22: (0.7%) |
4‐6 |
Real Estate Asset: CEN 333 Portfolio(2) Location: Nuevo Leon GLA (m2): 36,752 4Q22 Total Revenue:17,779 4Q21 Total Revenue: 31,970 Δ% 4Q22 vs 4Q21: (44.4%) 3Q22 Total Revenue:18,077 Δ% 4Q22 vs 3Q22: (1.6%) |
7 |
Real Estate Asset:Danfoss Location: Nuevo Leon GLA (m2): 30,580 4Q22 Total Revenue:8,282 4Q21 Total Revenue: 9,149 Δ% 4Q22 vs 4Q21: (9.50%%) 3Q22 Total Revenue:8,493 Δ% 4Q22 vs 3Q22: (2.5%) |
8 |
Real Estate Asset:/b> Cuadrante Location:/b> Chihuahua GLA (m2): 4,520 4Q22 Total Revenue:3,713 4Q21 Total Revenue: 4,150 Δ% 4Q22 vs 4Q21: (10.5%) 3Q22 Total Revenue:3,920 Δ% 4Q22 vs 3Q22: (5.30%) |
9 |
Real Estate Asset:Cuprum Location: Nuevo Leon GLA (m2): (3) 4Q22 Total Revenue:- 4Q21 Total Revenue: - Δ% 4Q22 vs 4Q21: - 3Q22 Total Revenue:- Δ% 4Q22 vs 3Q22: - |
10-13 |
Real Estate Asset: Casona Portfolio Location: Multiple(4) GLA (m2): 30,669 4Q22 Total Revenue:6,784 4Q21 Total Revenue: 9,629 Δ% 4Q22 vs 4Q21: (26.8%) 3Q22 Total Revenue:8,772 Δ% 4Q22 vs 3Q22: (22.7%) |
14 |
Real Estate Asset: Catacha Location: Nuevo Leon GLA (m2): 5,431 4Q22 Total Revenue:1,367 4Q21 Total Revenue: 1,285 Δ% 4Q22 vs 4Q21: 6.4% 3Q22 Total Revenue:1,288 Δ% 4Q22 vs 3Q22: 6.1% |
15-18 |
Real Estate Asset: Monza Portfolio Location: Chihuahua GLA (m2): 13,679 4Q22 Total Revenue:5,885 4Q21 Total Revenue: 5,656 Δ% 4Q22 vs 4Q21: 4.0% 3Q22 Total Revenue:5,885 Δ% 4Q22 vs 3Q22: 0.0% |
19 |
Real Estate Asset: Santiago Location: Queretaro GLA (m2): 16,497 4Q22 Total Revenue:5,163 4Q21 Total Revenue: 5,357 Δ% 4Q22 vs 4Q21: (3.6%) 3Q22 Total Revenue:4,833 Δ% 4Q22 vs 3Q22: 6.8% |
20 |
Real Estate Asset: Monza 2 Location: Chihuahua GLA (m2): 4,611 4Q22 Total Revenue:2,065 4Q21 Total Revenue: 1,999 Δ% 4Q22 vs 4Q21: 3.3% 3Q22 Total Revenue:2,065 Δ% 4Q22 vs 3Q22: 0.0% |
21 |
Real Estate Asset: Prometeo Location: Nuevo Leon GLA (m2): 8,135 4Q22 Total Revenue:9,493 4Q21 Total Revenue: 12,987 Δ% 4Q22 vs 4Q21: (26.9%) 3Q22 Total Revenue:3,218 Δ% 4Q22 vs 3Q22: 195.0%(5) |
22 |
Real Estate Asset: Nico 1 Location: Nuevo Leon GLA (m2): 43,272 4Q22 Total Revenue:13,465 4Q21 Total Revenue: 13,997 Δ% 4Q22 vs 4Q21: (3.8%) 3Q22 Total Revenue:412,759 Δ% 4Q22 vs 3Q22: 5.50% |
23-30 |
Real Estate Asset: Providencia Portfolio Location: Coahuila GLA (m2): 82,622 4Q22 Total Revenue:21,241 4Q21 Total Revenue: 26,108 Δ% 4Q22 vs 4Q21: (18.6%) 3Q22 Total Revenue:21,494 Δ% 4Q22 vs 3Q22: (1.2%) |
31 |
Real Estate Asset: Fortaleza Location: ZMVM(6) GLA (m2): 15,259(6) 4Q22 Total Revenue:11,081 4Q21 Total Revenue: 11,641 Δ% 4Q22 vs 4Q21: 4.8%) 3Q22 Total Revenue:12,144 Δ% 4Q22 vs 3Q22: (8.8%) |
32 |
Real Estate Asset: Cienega Location: Nuevo Leon GLA (m2): 25,223 4Q22 Total Revenue:6,204 4Q21 Total Revenue: 5,859 Δ% 4Q22 vs 4Q21: 5.9% 3Q22 Total Revenue:5,859 Δ% 4Q22 vs 3Q22: 5.9% |
33 |
Real Estate Asset: Redwood Location: Jalisco GLA (m2): 11,605 4Q22 Total Revenue:18,092 4Q21 Total Revenue: 21,122 Δ% 4Q22 vs 4Q21:(14.3%) 3Q22 Total Revenue:19,250 Δ% 4Q22 vs 3Q22: (6.0%) |
34 |
Real Estate Asset: Catacha 2 Location: Queretaro GLA (m2): 5,400 4Q22 Total Revenue:1,593 4Q21 Total Revenue: 1,534 Δ% 4Q22 vs 4Q21: 3.8% 3Q22 Total Revenue:1,597 Δ% 4Q22 vs 3Q22: (0.3%) |
35-41 |
Real Estate Asset: Huasteco Location: San Luis Potosi GLA (m2): 95,356 4Q22 Total Revenue:25,120 4Q21 Total Revenue: 29,053 Δ% 4Q22 vs 4Q21: (13.5%) 3Q22 Total Revenue:25,249 Δ% 4Q22 vs 3Q22: (0.5%) |
42 |
Real Estate Asset: Cuauhtémoc Location: Nuevo Leon GLA (m2): 10,294 4Q22 Total Revenue:1,500 4Q21 Total Revenue: 6,201 Δ% 4Q22 vs 4Q21: (75.8%) 3Q22 Total Revenue:2,957 Δ% 4Q22 vs 3Q22: (49.3%)(7) |
43 |
Real Estate Asset: Zinc Location: Nuevo Leon GLA (m2): 19,623 4Q22 Total Revenue:44,426 4Q21 Total Revenue: 4,788 Δ% 4Q22 vs 4Q21: (7.6%) 3Q22 Total Revenue:4,271 Δ% 4Q22 vs 3Q22: 3.6% |
44 |
Real Estate Asset: Patria Location: Jalisco GLA (m2): 7,970 4Q22 Total Revenue:9,664 4Q21 Total Revenue: 9,546 Δ% 4Q22 vs 4Q21: 1.2% 3Q22 Total Revenue:9,819 Δ% 4Q22 vs 3Q22: (-1.6%) |
45-54 |
Real Estate Asset: Filios Portfolio Location: Nuevo Leon GLA (m2): 148,580 4Q22 Total Revenue:58,477 4Q21 Total Revenue: 64,800 Δ% 4Q22 vs 4Q21: (9.8%) 3Q22 Total Revenue:9,540 Δ% 4Q22 vs 3Q22: (1.8%) |
55-58 |
Real Estate Asset:Garibaldi Portfolio Location: Nuevo Leon GLA (m2): 44,199 4Q22 Total Revenue:15,281 4Q21 Total Revenue: 16,542 Δ% 4Q22 vs 4Q21: (7.6%) 3Q22 Total Revenue:15,230 Δ% 4Q22 vs 3Q22: 0.3% |
59 |
Real Estate Asset:La Perla (8) Location: Jalisco GLA (m2): 43,624 4Q22 Total Revenue:41,589 4Q21 Total Revenue: - Δ% 4Q22 vs 4Q21: - 3Q22 Total Revenue:10,503 Δ% 4Q22 vs 3Q22:296.0% |
Total/ Average |
GLA (m2): 758,583 (1) 4Q22 Total Revenue:330,490 4Q21 Total Revenue: 343,141 Δ% 4Q22 vs 4Q21: (3.7%) 3Q22 Total Revenue:299,732 Δ% 4Q22 vs 3Q22: 10.3% |
- (1) Includes Nuevo Leon, Coahuila, and Reynosa markets.
- (2) Includes Guanajuato, Aguascalientes, San Luis Potosi, and Queretaro markets.
- (3) Includes Chihuahua, Colima, Puebla, Nogales, and Matamoros markets.
- (4) Includes Tijuana market.
- (5) Explained by the incorporation of the second portion of the “Zeus” portfolio on September 20th, 2023, adding 41,068 m2 of GLA, with a a rental price of US$4.28 and Ps. 62.7 per m2, with cash flows incorporated into the portfolio in November 2023.
- (6) Attributable to the incorporation of the "Arotech" portfolio, portfolio, including six buildings with 93,525 m2 of GLA, with a rental price of US$9.1 per m2 and an occupancy of 100.0% as of 3Q24.
- (7) Attributed to expansions of the “Santiago” (10,712 m2) and “Aguascalientes-Finsa 03” (11,258 m2) properties, contributing a total of 21,970 m2.
- (8) Increase due to additional rent charges at the “Danfoss” property.
- (9) Increase due to exchange rate fluctuation.
- (10) Due to a net increase in occupancy of 965 m2.
- (11) Increase due to occupancy of 2,764 m2 at the “Atento” property.
- (12) Increase due to additional rent at the “Prometeo” property.
- (13) Increase due to occupancy in the Bajio market by 15,456 m2.
- (14) Decrease due to additional rent collection during 2023.
- (15) Increase due to rent adjustment according to contract at the Tijuana-Florido 01 and 02 properties.