PrologisProperty Mexico SA de CV logo

PrologisProperty Mexico SA de CV - SERIES 14

MEX:FIBRAPL14 (Mexico)   Certificados Bursatiles Fiduciarios Inmobiliarios Series 14
MXN 67.67 (+1.68%) Apr 18
Market Cap:
MXN 89.32B ($ 5.22B)
Enterprise V:
MXN 92.26B ($ 5.39B)
Volume:
2.35M
Avg Vol (2M):
2.29M
Also Trade In:

Business Description

PrologisProperty Mexico SA de CV logo
PrologisProperty Mexico SA de CV

ISIN : MXCFFI170008

Share Class Description:

MEX:FIBRAPL14: Certificados Bursatiles Fiduciarios Inmobiliarios Series 14
Description
PrologisProperty Mexico SA de CV, formerly FIBRA Prologis is engaged in the acquisition, ownership, and leasing of industrial properties throughout Mexico. The company's real estate portfolio primarily comprises large warehouse buildings. Most of the square feet under Fibra Prologis' ownership is used for consumption-driven purposes, while a sizable percentage is also used for manufacturing. The company derives nearly all of its revenue as lease rental income from multinational firms. This income is fairly evenly split between its manufacturing-related facilities in Northern Mexico and consumption-related facilities located mainly in Central and Southern Mexico. In terms of total revenue, the majority of Fibra Prologis' customers are general retailers and third-party logistics firms.