The rating agency HR Rating estimates that Fibra Prologis will reach a compound annual growth rate of 6.3% in the next five years, reaching revenues of 7,086 million pesos.

The expected result is based on the increase in rentable area, increase in rents and operating efficiencies. The estimates are based on the benefit that the industrial real estate investment trust (fibra) is capturing with strong demand for industrial space driven by nearshoring and realignment in global supply chains.

Consult here: Industrial construction in Mexico grew by 60% in the last year

Fibra Prologis operations benefit from the "nearshoring phenomenon, as well as the growth of electronic commerce, which have boosted the demand for industrial spaces in the north of the country, as well as Last Touch installations in consumer centers," pointed out the company. rating agency.

He highlighted that revenue growth is also leveraged by the increase in the occupancy of Fibra's industrial buildings, which stood at 98.5% at the end of the third quarter of 2022, showing progress compared to the 97.0% registered in the same period of 2021. .

Fibra Prologis will also grow due to rent adjustments, which amounted to 5.8 dollars per square foot until last September, a price above the 5.4 dollars reported in the same period last year.

Of interest: Supplier companies for electric cars begin to demand space in the north of the country

“For the following years, we project that the operational efficiency that Fibra has shown historically will be maintained, reflecting an average net operating income (ION) margin of 87.0%, as well as an EBITDA margin of 75.6 percent. The foregoing, added to a stable working capital, reflects a constant generation of free cash flow reaching 3,905 million pesos by 2027”, stated HR Rating. Prologis, Inc., a US Reit with a presence in 19 countries and a leasable area of one billion square feet, owns 47% of Fibra Prologis.

In Solili you can consult industrial warehouses available in Reynosa, Monterrey and Ciudad Juárez

Original note