Investor Presentaiton
1Q23 highlights
FIBRA
Macquarie
México
Financial / balance sheet
AFFO
1Q23 Ps. 0.6799/CBFI¹ (+0.5% QoQ / +3.7% YoY)
Revised FY23 guidance Ps. 2.60-2.65/CBFI¹ (-3.7%
YoY) from Ps. 2.70-2.75/CBFI¹ (+0.5 YoY)
Operational
Rental Rates
19
Industrial 5.63 US$/sqm/m (+2.3% QoQ / +7.0% YoY)
Retail 169.69 Ps./sqm/m (+0.5% QoQ / +6.0% YoY)
Strategic initiatives
Growth capex
~1.8m sqft of industrial GLA in progress
Distribution
1Q23 Ps. 0.5250/CBFI (+5.0 QoQ / +5.0% YoY)
FY23 guidance Ps. 2.10/CBFI (up 5.0% YoY vs FY22's
scheduled distributions)
Occupancy
98.2% industrial (+57 bps QoQ / +115 bps YoY)
91.0% retail (+8 bps QoQ / +124 bps YoY)
97.3% consolidated (+50 bps QoQ / +117 bps YoY)
Balance Sheet
NAV of Ps. 39.9/CBFI (-5.7% QoQ / -1.5% YoY)
Regulatory LTV of 32.3%3
Net debt/EBITDA 5.0x4
1Q23 Margins²
NOI 87.1% (+111 bps QoQ / -114 bps YoY)
AFFO 47.6% (+90 bps QoQ/ +25bps YoY)
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ESG
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GRESB signatory, rated #1 for 2022 Public
Disclosure in its GRESB Latam Peer Group5
MACQUARIE
Recognized as Green Lease Leader (Gold Level)
33.5% of total GLA certified6
Customer satisfaction?
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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 1Q23 average FX Rate: 19.6762 for 1Q23 LTM EBITDA and EOP FX Rate: 18.1052 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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