Fibra Terrafina
CBAOF
$1.69
-$0.042-2.43%
Corporate Info
Website
Phone Number
52 55 36010702
Address
Paseo de la Reforma 115, piso 5
Col. Lomas de Chapultepec, C.P.
Mexico City, DF 11000
Col. Lomas de Chapultepec, C.P.
Mexico City, DF 11000
Country
Mexico
Year Founded
2013
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
Business Decription
Terrafina (BMV:TERRA13) is a Mexican real estate investment trust formed primarily to acquire, develop, lease and manage industrial real estate properties in Mexico. Terrafina’s portfolio consists of attractive, strategically located warehouses and other light manufacturing properties throughout the Central, Bajío and Northern regions of Mexico. It is internally managed by highly qualified industry specialists and externally advised by PGIM Real Estate. Terrafina owns 291 real estate properties, including 287 developed industrial facilities with a collective GLA of approximately 42.8 million square feet and 4 land reserve parcels, designed to preserve the organic growth capability of the portfolio. Terrafina’s objective is to provide attractive risk-adjusted returns for the holders of its certificates through stable distributions and capital appreciations. Terrafina aims to achieve this objective through a successful performance of its industrial real estate and complementary properties, strategic acquisitions, access to a high level of institutional support, and an effective management and corporate governance structure. As of August 3, 2024, FIBRA Terrafina operates as a subsidiary of FIBRA Prologis.