FIBRA Prologis and Artha Capital sign a purchase agreement for a first-class industrial portfolio through Frontier Industrial


MEXICO CITY, Dec 15, 2021 / PRNewswire / – FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class A industrial real estate in Mexico, and Artha Capital announced today, through its Frontier Industrial Platform and its CKD CK15 (BMV: ARTH4CK-15), that FIBRA Prologis has acquired an industrial portfolio consisting of 14 buildings with 2.4 million square feet of industrial space and land for expansion. for an investment of approx $ 160 million, including closing costs. More than 70% of the buildings are in Tijuana and the rest in the Bajio Region, and they are fully rented in USD to a diversified, high quality customer base.

“I am proud that our team is successful and has achieved this closing with Artha Capital. We believe this acquisition will add significant value to our operating portfolio,” said Luis Gutiérrez, CEO of Prologis Mexico. “With these properties we are strengthening our presence, especially in Tijuana, a coveted market that confirms our position as a leader in the industrial real estate business in Mexicoas well as deepening relationships with key customers and adding several new customers. “

“With this sale of assets to FIBRA Prologis, we have successfully completed the full cycle of the Frontier I industrial portfolio, one of the investments made by our CKD CK15, an investment vehicle funded by the local pension funds (AFORES), the market momentum for our exit strategy can use “, said German Ahumada Alduncin, Founding partner of Artha Capital. In addition, Patricio Gutiérrez Tommasi, CEO of Frontier Industrial added, “We selected FIBRA Prologis as a buyer because they are quick to move and they are a great business partner. This transaction further solidifies Frontier Industrial as a major player in the industrial sector Mexico and reaffirms the commitment we have with our investors to pursue a strategic growth plan and in turn supports the country’s economic development. “


FIBRA Prologis is a leading owner and operator of Class A industrial real estate in Mexico. away September 30, 2021, FIBRA Prologis comprised 208 logistics and production facilities in six industrial markets in Mexico a total of 40.6 million square feet (3.8 million square meters) of gross lettable space.


Artha Capital is a diversified private equity fund with more than $ 1.5 billion of managed assets in Mexico and The United States. Frontier Industrial was one of the fund’s early investments and has been a major player in the industrial sector ever since Mexicowho focuses on the acquisition, development, management and sale of industrial real estate in the country’s most dynamic markets.

CKD CK15 (BMV: ARTH4CK-15) refers to the Fideicomiso Irrevocable de Emisión de Certificados Bursátiles Fiduciarios de Desarrollo CIB / 2363 (BMV: ARTH4CK15 y ARTH4CK15-2)


The statements in this press release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industries and markets in which FIBRA Prologis and ARTH4CK-15 operate, as well as on the beliefs and assumptions of management. Such statements involve uncertainties that could materially affect the financial results of FIBRA Prologis and ARTH4CK-15. Words such as “expects,” “expects,” “intends,” “plans,” “believes,” “aims,” “estimates,” variations of such words and similar expressions are intended to identify forward-looking statements, which generally are not historical in nature. All statements relating to the operating performance, events or developments expected or expected by FIBRA Prologis or ARTH4CK-15 will occur in the future – including statements on rental and occupancy growth, acquisition activity, development activity, sales activity, general conditions in the Geographical areas in which they operate, their debt and financial condition are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict. Although FIBRA Prologis and ARTH4CK-15 believe that the expectations expressed in forward-looking statements are based on reasonable assumptions, there can be no guarantee that your expectations will be met and therefore actual results and results could differ materially from actual ones expressed or projected in such forward-looking statements. Some of the factors that may affect results and outcomes include: (i) national, international, regional and local business climate, (ii) changes in financial markets, interest rates and exchange rates, (iii) increased or unexpected competition for our properties, (iv) Risks associated with the acquisition, sale and development of real estate, (v) Maintaining the status of a Real Estate Investment Trust (“FIBRA”) and tax structuring, (vi) Availability of financing and capital, the level of their indebtedness and their Creditworthiness, (vii) risks related to their investments, (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) these additional factors discussed in reports issued by FIBRA Prologis and ARTH4CK -15 at the “Comisión Nacional Bancaria y de Valores” and the Mexican Stock Exchange under the heading “Risk Factors goals “were submitted. FIBRA Prologis and ARTH4CK-15 assume no obligation to update any forward-looking statements in this press release.

Non-Solicitation – All of the securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold The United States lack of registration or an applicable exemption from registration requirements under the Securities Act and all applicable state securities laws. Such announcement constitutes neither an offer to sell nor a solicitation of an offer to buy the securities discussed herein or in the presentations, as applicable.

(PRNewsfoto / FIBRA Prologis)



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