FIBRA Prologis Industrial Corridors Presentation
Potential Market Rental Growth
LEASE EXPIRY PROFILE BY GLA & AVERAGE IN-PLACE RENT
FIBRA
PROLOGIS
$10.64
$9.84
$10.23
$9.10
$9.46
$8.41
$8.75
$6.69
$6.66
$6.20
$6.16
$5.61
$5.86
$3.40
1%
8%
24%
16%
2023
2024
2025
2026
Roll Over
Avg in-place rent
PORTFOLIO STATISTICS
Avg in Place Rent per Sq Ft
$6.17
Avg Market Rent per Sq Ft
$8.41
Avg Contractual Rent Escalator(2)
~3.0%
WARLT (3)
~39.9 months
8%
2027
14%
29%
2028
2029+
- Avg Estimated Market Rent (Beg. of the yr)²
CURRENCY OF LEASES, % OF NET EFFECTIVE RENT
MXN
34%
USD
66%
Source: Prologis. Data as of September 30, 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 September 30, 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