Investor Presentation
Potential Market Rental Growth
LEASE EXPIRY PROFILE BY GLA & AVERAGE IN-PLACE RENT
$9.31
$9.68
$10.07
FIBRA
PROLOGIS
$10.89
$11.33
$10.47
6.79
6.93
5.89
6.23
6.16
5.93
8%
22%
15%
7%
15%
34%
2024
2025
2026
2027
2028
2029+
Roll Over
Avg in-place rent
- Avg Estimated Market Rent (Beg. of the yr)²
PORTFOLIO STATISTICS
Avg in Place Rent per Sq Ft
$6.41
Avg Market Rent per Sq Ft
$9.31
Avg Contractual Rent Escalator(2)
~3.0%
WARLT (3)
~42.3 months
CURRENCY OF LEASES, % OF NET EFFECTIVE RENT
USD
67%
MXN
33%
Source: Prologis. Data as of December 31, 2023.
Estimated Market rent based on latest growth rates. Assumptions might differ, as market conditions change. For current year the market rent is
for the current period December 31, 2023.
1.
2.
For USD denominated leases only. Leases in Mexican pesos are tied to Mexican inflation.
3.
Weighted Average Remaining Lease Term
14
11View entire presentation