FIBRA MTY, S.A.P.I. de C.V.
FMTYF
$0.5013
-$0.0167-3.22%
OTC PK
Corporate Info
Website
Phone Number
52 81 4160 1400
Address
Boulevard Antonio L. RodrIguez 1884
Oficinas en el Parque
Torre 1-PM
Col. Santa MarIa
Monterrey, NL 64650
Oficinas en el Parque
Torre 1-PM
Col. Santa MarIa
Monterrey, NL 64650
Country
Mexico
Year Founded
--
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
57
Business Decription
Fibra Mty is a Mexican real estate investment trust (“FIBRA”) that initiated operations on December 11th, 2014 identified by the number F/2157 (“Trust 2157”), and also as “Fibra Mty” or “FMTY”. Fibra Mty’s strategy is based mainly on the acquisition, administration, development, and operation of corporate properties in Mexico. Fibra Mty is a FIBRA qualified as a transparent entity under Mexican Income Tax laws; therefore, all revenues derived from Fibra Mty’s operation are attributable to the holders of its CBFIs, given that Trust 2157 is not subject to Income Tax in Mexico. In order to maintain FIBRA status, articles 187 and 188 of Mexican Income Tax Law establish that FIBRAs sus as Trust 2157 must distribute annually at least 95% of their net income to holders of CBFIs and invest at least 70% of their assets in real estate rental properties, among other requirements. Fibra Mty is internally managed by Administrador Fibra Mty, S.C., making Fibra Mty the first investment vehicle of its kind within the FIBRAS sector in Mexico, supported by an innovative corporate governance structure, aligned with investor interests, generating economies of scale, and taking advantage of the opportunities offered by real estate market.