Prologis grows its net operating income by 3.7% in the fourth quarter
Fibra Prologis, the Real Estate Investment Trust specialized in industrial properties, increased its operating net income (NOI) by 3.7 percent in the fourth quarter of 2017, compared to the same period of the previous year.
Progress is mainly attributed to the growth of its portfolio and to a greater number of tenants.
"Our strategy to focus solely on the six strongest markets in Mexico, particularly in Mexico City, with a clear differentiation towards consumption and electronic commerce, continues to be highly effective," said Luis Gutiérrez, Fibra's general director.
Stay up to date with the most important news to the real estate
Subscribe Solili Newsletter