Terrafina, leading investment trust in industrial real estate ("FIBRA"), advised externally by PGIM Real Estate and dedicated to acquire, develop, rent and manage industrial real estate in Mexico, today announced the successful closing of the acquisition of 17 industrial properties Class A, for an amount of US $ 180 million - excluding taxes and transaction costs. With this transaction, an increase in the Annualized Adjusted Operating Funds (AFFO) of between 13% and 14% is estimated. Additionally, the financing of this transaction will be made in full with the resources obtained from the capital raising.

Additionally, as part of this transaction, the Company selected the seller as the new strategic partner in the role of property manager with whom we are analyzing other potential acquisition opportunities. This addition will strengthen Terrafina's business model, expanding our growth opportunities, as well as consolidating our leadership in the most important industrial markets in Mexico.