Investor Presentaiton
FIBRA
Focus on disciplined growth
Macquarie
México
Funding growth while controlling leverage through earnings retention (FY17-1Q22):
1
Stable cash generation from operating assets with further growth coming from new developments.
~Ps. 2.9bn in retained AFFO from FY17 through 1Q22.
2 Distribution is ~1.3x covered and aligned with earnings growth
3
Asset sales exceeded book value by aggregate 2.2%.
4
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Over Ps. 2.2bn in proceeds from asset sales from FY17 through 1Q22.
1.7m sqft of GLA in completed developments at a NOI yield of 11.8%¹.
5 Progressing on three growth capex projects in CDMX and Monterrey.
6
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.
1. 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..
MACQUARIE
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