Investor Presentaiton slide image

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) . • • ESG . 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? • 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. 10
View entire presentation