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PrologisProperty Mexico de CV (PrologisProperty Mexico de CV) Cash Payments for Deposits by Banks and Customers


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What is PrologisProperty Mexico de CV Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


PrologisProperty Mexico de CV (PrologisProperty Mexico de CV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » PrologisProperty Mexico SA de CV (OTCPK:FBBPF) » Definitions » Cash Payments for Deposits by Banks and Customers
Traded in Other Exchanges
Address
Paseo de los Tamarindos No. 90, Torre 2, Piso 22, Bosques de las Lomas, Mexico City, MEX, 05120
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.