HIGHLIGHTS FROM THE QUARTER:
Record net effective rents on rollover were 68.0 percent.
Period-end and average occupancy were 97.7 and 98.2 percent, respectively.
Customer retention was 86.0 percent.
Same store cash NOI was 0.1 percent.
Published our annual Impact and Sustainability report.
Net earnings per CBFI was Ps. 1.8021 (US$0.0915) for the quarter compared with Ps. 0.7770 (US$0.0470) for the same period in 2024.
Funds from operations (FFO), as modified by FIBRA Prologis per CBFI, was Ps. 1.1634 (US$0.0585) for the quarter compared with Ps0.8112 (US$0.0485) for the same period in 2024.
SOLID OPERATING RESULTS
"In the first half of the year, we delivered strong financial results and strong operational outperformance. Amid trade headwinds and evolving market dynamics, our strategic focus on resilient consumption-driven hubs and disciplined execution continues to drive sustainable growth and long-term value for our stakeholders," said Héctor Ibarzábal, CEO of FIBRA Prologis.
Operating Portfolio
2Q25
2Q24
2Q25 Notes
Period End Occupancy
97.7 %
98.4 %
Five markets above 96%.
Average Occupancy
98.2 %
98.6 %
Above 97% since 2Q21.
Leases Commenced
2.1 MSF
1.3 MSF
The activity was concentrated mainly in Mexico City and Guadalajara.
Customer Retention
86.0 %
65.8 %
Net Effective Rent Change
68.0 %
58.1 %
Led by Monterrey, Mexico City andJuarez.
Same Store Cash NOI
