Earnings Report /
Mexico

Prologis Property Mexico SA de CV: FIBRAPL, Quarterly Report 3Q21: Increased demand and more favorable outlook

  • 3Q21 results were supported by portfolio growth and solid logistics space demand, although with profitability pressures

  • FIBRAPL's geographic and strategic position will allow it to continue capitalizing increased demand for logistics space

  • A 1.2% yield in the distribution. Sector's outlook has become more favorable and we'll be revising upward our estimates

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Banorte
21 October 2021
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