Home Headlines Fibra Prologis acquires two properties in Mexico for US$106 million

Fibra Prologis acquires two properties in Mexico for US$106 million

by Yucatan Times
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The acquisition strengthens Fibra Prologis’ portfolio, which already has more than 200 logistics and manufacturing properties.

Mexican industrial real estate trust Fibra Prologis announced on Monday that it acquired two properties in the north of the country for a total price of US$106 million, including closing costs.

The properties, located in industrial Ciudad Juarez and Monterrey, comprise 1,118,649 square feet of industrial space and are fully leased in dollars, the firm added in a statement.

Fibra Prologis shares, with a portfolio of more than 228 logistics and manufacturing properties located in six industrial markets in Mexico, closed Monday at 61.06 pesos on the Mexican stock exchange, with a slight decline of 0.10%.

TYT Newsroom

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