Investor Presentaiton
3Q22 highlights
FIBRA
Macquarie
México
Financial / balance sheet
AFFO
3Q22 Ps. 0.7097/CBFI¹ (+5.8% QoQ / +18.8% YoY)
FY22 revised guidance Ps. 2.70 CBFI¹ (up from prior
guidance of Ps. 2.60 - 2.65)
Operational
Rental Rates
19
Industrial 5.39 US$/sqm/m (+0.9% QoQ / +4.5% YoY)
Retail 164.75 Ps./sqm/m (+2.0% QoQ / +5.3% YoY)
Strategic initiatives
Growth capex
~1.3m sqft of growth GLA in progress
~229k sqft of GLA delivered YTD
~0.3m sqft GLA opportunistic acquisition closed
during 3Q22
Distribution
3Q22 Ps. 0.50/CBFI (flat QoQ / +5.3% YoY)
FY22 guidance Ps. 2.00/CBFI (UP 5.3% YoY)
Occupancy
Industrial 97.0% (-11 bps QoQ / +152 bps YoY)
Retail 91.0% (+55 bps QoQ / +100 bps YoY)
Consolidated 96.2% (-1 bps QoQ / +146 bps YoY)
Balance Sheet
NAV of Ps. 43.0/CBFI (+1.6% QoQ / +22.0% YoY)
Regulatory LTV of 32.2%2
Net debt/ EBITDA 5.0x3
Margins4
NOI 87.6% (-2 bps QoQ / +21 bps YoY)
.
AFFO 49.5% (+75 bps QoQ / +401 bps YoY)
ESG
O
MACQUARIE
.
•
•
GRESB signatory, rated #1 for 2022 Public
Disclosure in its GRESB Latam Peer Group5
Recognized as Green Lease Leader (Gold Level)
32.3% of total GLA certified 6
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 3Q22 average FX Rate: 20.3890 for 3Q22 LTM EBITDA and EOP FX Rate: 20.3058 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 3Q22); 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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