Investor Presentaiton
Focus on disciplined growth
FIBRA
Macquarie
Funding growth while controlling leverage through earnings retention (FY17-2Q22):
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México MACQUARIE
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Stable cash generation from operating assets with further growth coming from new developments
~Ps. 3.0bn in retained AFFO from FY17 through 2Q22
2 Distribution is ~1.3x covered and aligned with earnings growth
Asset sales exceeded book value by aggregate 2.2%.
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Over Ps. 2.2bn in proceeds from asset sales from FY17 through 2Q22
Additional 2.9m sqft of GLA with projected NOI yield of ~11.0%¹
Progressing on four growth capex projects in MCMA², Monterrey and Ciudad Juárez
Completed an opportunistic acquisition of a 0.3m sqft industrial property in MCMA²
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Pragmatic use of certificate buyback program to create value - Ps. 1.0bn authorized through June 2023
Over Ps. 1,065m in certificate buybacks at an avg. price of Ps. 21.3, representing 6.2% of market cap
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The NOI yield is presented on the basis of the agreed upon terms for the expansion or development and does not reflect actual NOI yield received, which amounts may differ from the agreed upon terms.
MCMA; Mexico City Metropolitan Area.
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