FIBRA UNO CREATES JOINT VENTURE AND CONSOLIDATES FIBRA NEXT AS OF 4Q25
Mexico City, Mexico, February 26, 2026 – Fibra Uno (BMV: FUNO11) (“FUNO” or “Fideicomiso Fibra Uno”), the first and largest Real Estate Investment Trust in Mexico and Latin America, announces its results for the fourth quarter of 2025.
Fourth Quarter 2025 Highlights
- In December 2025, Fibra Uno created a Joint Venture with Fibra NEXT, receiving revenues from its industrial portfolio, controlling and consolidating the vehicle.
- Total revenue increased by Ps. $348.1 million or 4.6% QoQ, despite the appreciation of the exchange rate and its effect on USD-denominated revenues.
- NOI grew Ps. $498.3 million or 8.9%, closing at Ps. $6,079.7 million, with a NOI margin over rental revenues of 85.1%.
- Distribution per CBFI(1) was Ps. 0.6700, with a quarterly AFFO payout of 99.8%, out of which Ps. 0.3440 per CBFI(1) corresponds to fiscal result, and Ps. $0.3260 per CBFI(1) corresponds to capital reimbursement.
- Consolidated portfolio occupancy increased 50 bps QoQ, closing at 95.5%.
- +1,640 basis-point increase in MXN-denominated contract renewals in the industrial segment, +820 bps in the retail segment, and +500 bps in the office segment.
- +1,390 basis-point increase in USD-denominated contract renewals in the industrial segment, and +460 basis-point increase in the retail segment.
Compared to Fourth Quarter 2024 Highlights
- Total revenues increased Ps. $345.0 million or 4.6% YoY.
- NOI grew Ps. $502.6 million or 9.0% YoY
- NOI Margin grew 310 bps YoY.
- AFFO grew Ps. $47.1 million or 1.9% YoY.
- Total portfolio occupancy rate remained above 95.0% .
- 15 million sqft or 12.8% increase in GLA (Gross Leasable Area) derived from the JV with Fibra NEXT.
(1) Calculated with CFBIs eligible for distribution at distribution day.
Miranda Newswire – Full Press Release: Download PDF
Investor Relations Contact Details
Jorge Pigeon
VP Investor Relations
Phone: +52 55-41-70-70-70
E-mail: investor@fibrauno.mx
Damian Fraser
Miranda IR
Phone: +52 55-5402-1295