Investor Presentaiton
3Q23 highlights
Financial / balance sheet
Operational
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AFFO
3Q23 Ps. 0.6121/CBFI¹ (-6.1% QoQ / -13.8% YoY)
Revised FY23 guidance Ps. 2.58/CBFI¹ (-4.9% YoY)
from Ps. 2.53-2.58/CBFI¹ (-5.8% YoY)
Rental Rates
Industrial 5.79 US$/sqm/m (+1.2% QoQ / +7.5% YoY)
Retail 174.79 Ps./sqm/m (+1.0% QoQ / +6.1% YoY)
Distribution
3Q23 Ps. 0.5250/CBFI (flat QoQ / +5.0% YoY)
FY23 guidance Ps. 2.10/CBFI (up 5.0% YoY vs FY22's
scheduled distributions)
Occupancy
97.9% industrial (-56 bps QoQ / +84 bps YoY)
91.7% retail (+37 bps QoQ / +70 bps YoY)
97.1% consolidated (-43 bps QoQ / +83 bps YoY)
Balance Sheet
NAV of Ps. 43.2/CBFI (+5.2% QoQ / 0.6% YoY)
Regulatory LTV of 30.8%³
Net debt/EBITDA 5.0x4
3Q23 Margins²
NOI 86.3% (-18 bps QoQ / -133 bps YoY)
AFFO 44.5% (-126 bps QoQ / -498 bps YoY)
FIBRA
Macquarie
México
MACQUARIE
Strategic initiatives
Growth capex
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~2.0 million sqft of industrial GLA in development
or stabilization
~3.0 million sqft of potential GLA in land bank
across core markets
ESG
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35.6% of total GLA certified5
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Commitment to certify 48% of industrial GLA
by 2027
58.8% of sustainability and green financing linked
portion of drawn debt
GRESB signatory, rated #1 for 2022 Public
Disclosure in its GRESB Latam Peer Group
Recognized as Green Lease Leader (Gold Level)
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Recognized as EDGE Champion by the IFC
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 calculated using LTM EBITDA (3Q23) using an average FX rate of 18.2955 along with EoP debt balances converted to USD at an FX rate of 17.6195 4. Margins are calculated as a % of total revenues. 5. Considers all the properties in the portfolio that have
any green building certification in place. 6. 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);.
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