Investor Presentaiton
4Q22 and FY22 highlights
FIBRA
Macquarie
México
Financial / balance sheet
AFFO
4Q22 Ps. 0.6762/CBFI¹ (-4.7% QoQ / +9.3% YoY)
FY22 Ps. 2.7124/CBFI¹ (+0.5% vs guidance of Ps.
2.70 / +14.4% YoY)
FY23 guidance Ps. 2.70-2.75/CBFI
Operational
Rental Rates
19
Industrial 5.50 US$/sqm/m (+2.0% QoQ / +6.2% YoY)
Retail 168.86 Ps./sqm/m (+2.5% QoQ / +6.0% YoY)
Strategic initiatives
Growth capex
~1.8m sqft of industrial GLA in progress
~521k sqft of GLA delivered in FY22
Distribution
4Q22 Ps. 0.50/CBFI (flat QoQ / +5.3% YoY)
FY22 scheduled Ps. 2.00/CBFI (UP 5.3% YoY)
FY22 extraordinary Ps. 0.88/CBFI (due to FY22
taxable result)
FY23 guidance Ps. 2.10/CBFI
Occupancy
97.6% industrial (+63 bps QoQ / +166 bps YoY)
90.9% retail (-6 bps QoQ / +84 bps YoY)
96.8% consolidated (+54 bps QoQ / +156 bps YoY)
Balance Sheet
NAV of Ps. 42.3/CBFI (-1.6% QoQ / +3.2% YoY)
Regulatory LTV of 31.8%³
Net debt/EBITDA 4.9x4
Margins²
4Q22 NOI 86.0% (-166 bps QoQ / -194 bps YoY)
FY22 NOI 87.4% (-34 bps YoY)
4Q22 AFFO 46.7% (-272 bps QoQ / +161 bps YoY)
FY22 AFFO 48.1% (+315 bps YoY)
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ESG
GRESB signatory, rated #1 for 2022 Public
Disclosure in its GRESB Latam Peer Group5
O
MACQUARIE
Recognized as Green Lease Leader (Gold Level)
33.1% of total GLA certified6
Customer satisfaction?
.
•
4.15 rating in overall satisfaction (vs. 3.76 MX
index & 4.07 US index)
82% renewal likelihood (vs. 80% MX index & 63%
US index)
1. Calculated using weighted average outstanding CBFIs for the respective period. 2. Regulatory LTV calculated as (total debt + interest payable) / total assets, Net real estate LTV calculated as proportionally combined (debt + tenant security deposits - cash - deferred sales proceeds) / (fair market valued property
values + land reserves + work in progress). 3. Net debt/EBITDA ratio is in USD using 4Q22 average FX Rate: 20.1250 for 4Q22 LTM EBITDA and EOP FX Rate: 19.3615 for debt balances. 4. Margins are calculated as a % of total revenues. 5. GRESB: Global Real Estate Sustainability Benchmark. Internationally-recognized
benchmarks to track environmental, social and governance (ESG) performance of commercial real estate and infrastructure (FIBRA Macquarie held a 2/5 star rating as of 4Q22); 6. Considers all the properties in the portfolio that have any green building certification in place. 7. Results from Kingsley's 2021 Tenant
Experience Assessment.
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