Mexico City, Mexico, February 4, 2025.
Fibra Uno (BMV: FUNO11) (“FUNO” or “Fideicomiso Fibra Uno”) the leading and largest real estate investment trust in Mexico and Latin America, in conjunction with Nearshoring Experts & Technology, S.C. “NEXT” informs that on January 31, 2025, NEXT received a favorable Confirmation Criteria from the Sistema de Administración Tributaria (“SAT”).
The Confirmation Criteria enables NEXT ́s to execute an Initial Public Offering of a pure-play industrial FIBRA vehicle in accordance with articles 187 and 188 of “Ley de Impuestos Sobre la Renta (ISR)”, Mexican Income Tax Law.
This opens the possibility for FUNO to carry out the Carve-out of its industrial portfolio as soon as market conditions allow us to do so. As of the third quarter of 2024, FUNO ́s industrial portfolio encompassed over 6 million sqm of GLA, with an occupancy rate of 98.4%, and enough room to continue with positive leasing spreads on contract renewals. FUNO ́s industrial portfolio ́s performance exceeded our best expectations back in November of 2023.
Nearshoring Experts &Technology, and FUNO appreciate and thank the Mexican Tax authorities for their work and collaboration with the FUNO team over several months towards achieving this milestone.
This accomplishment reaffirms FUNO ́s commitment to continuously developing different strategies to create value for its stakeholders.
Miranda Newswire: Full Press Release – Download PDF
Investor Relations Contact Details