MEXICO CITY, April 18, 2023 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the first quarter 2023.
HIGHLIGHTS FROM THE QUARTER:
- Period-end and average occupancy were 98.4 and 98.4 percent, respectively.
- Net effective rents on rollover were 38.5 percent.
- Customer retention was 84.1 percent.
- Same store cash NOI was 10.4 percent.
- Improved our MSCI ESG rating from BBB to A.
Net earnings per CBFI was Ps. 1.0444 (US$0.0548) for the quarter compared with Ps. 5.0689 (US$0.2467) for the same period in 2022.
Funds from operations (FFO), as modified by FIBRA Prologis per CBFI, was Ps. 0.9044 (US$0.0474) for the quarter compared with Ps. 0.9656 (US$0.0468) for the same period in 2022.
Read More: PRNewswireNews - Jornalwebdigital
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