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Oct 28, 2025 8:00 PM

FIBRA Prologis Announces Third Quarter 2025 Earnings Results

MEXICO CITY, Oct. 28, 2025 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL), a leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the third quarter 2025.

HIGHLIGHTS FROM THE QUARTER:

Net effective rents on rollover were 47.2 percent.

Period-end and average occupancy were 98.0 and 97.9 percent, respectively.

Customer retention was 81.7 percent.

Same store cash NOI was 14.8 percent.

MSCI score improved from BB to BBB, and S&P Corporate Sustainability Assessment score from 55 to 60.

Net earnings per CBFI was Ps. 1.0027 (US$0.0540) for the quarter compared with Ps. 6.4415 (US$0.3424) for the same period in 2024.

Funds from operations (FFO), as modified by FIBRA Prologis per CBFI, was Ps. 1.0268 (US$0.0561) for the quarter compared with Ps 0.8343 (US$0.0437) for the same period in 2024.

SOLID OPERATING RESULTS 

"Despite ongoing trade uncertainties, FIBRA Prologis once again delivered strong financial and operational results. Our diversified portfolio and focus on high-quality, well-located logistics assets position us to capture growth across Mexico's key consumption and manufacturing markets," said Héctor Ibarzábal, CEO of FIBRA Prologis. "We remain confident in the resilience of our platform and our ability to deliver long-term value for our stakeholders." 

Operating Portfolio

3Q25

3Q24

3Q25 Notes

Period End Occupancy 

98.0 %

98.1 %

Six markets above 96%.

Average Occupancy

97.9 %

97.8 %

Above 97% since 2Q21.

Leases Commenced

4.1 MSF

1.0 MSF

The activity was concentrated mainly in Mexico City, Monterrey and Guadalajara.

Customer Retention

81.7 %

52.7 %

Net Effective Rent Change

47.2 %

56.2 %

Led by Mexico City, Reynosa and Tijuana.

Same Store Cash NOI