Investor Presentaiton

Strong Market Fundamentals Support Industrial Demand MACQUARIE Positive Mexican Market Fundamentals Help Deliver Solid Leasing Results Strong Demand for Industrial Space¹ Average net absorption of 1.3 million sqft LTM ■ Mexico City: 258k sqft Monterrey: 278k sqft Guadalajara: 94k sqft Tijuana: 205k sqft Querétaro: 98k sqft Average 11.2 months to exhaust new supply • FIBRA Macquarie's Performance 79 new & renewed leases LTM • 2Q20 occupancy EOP 95.5% US$14.0m of expansion and development committed during 2020 6.2m sqft of renewals leading to a retention rate LTM of 85% 565k square feet of new leases LTM 97.0% of industrial leases are triple net Reynosa 1. Source: Datoz as of June 30, 2020 12

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