During the third quarter of the year (3Q20), Fibra Prologis obtained a lease volume of 3.8 million square feet and renovations represented 91% of this activity; while occupancy reached 96.4% and effective net rents in renovations increased from a record to 16.3 percent.

In its report sent to the Mexican Stock Exchange, the company reported that the NOI in cash in the same properties decreased 6.0% due to higher concessions due to longer lease terms, a weaker peso and a lower average occupancy, partially offset by higher incomes.

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