September 27, 2023 | #DatozByDatoz
On September 8, 2023, the real estate investment trust, Fibra Uno, announced its intention to segregate the industrial portfolio in order to establish a new Fibra aimed at capitalizing on the demand for industrial spaces, accessing capital, and other associated benefits.
With this spin-off, the industrial Fibra would be formed, possessing the largest, best-located, and highest-quality portfolio in Mexico, with a gross leasable area (GLA) exceeding 6 million square meters (m2) spread across 19 states in the country. Furthermore, 61% of this GLA is within 4 of Fibra Uno’s portfolios: G30, Vermont, Titan, and Hercules.
In 2013, Fibra Uno acquired one of its largest portfolios: G30, which currently comprises 32 properties in the industrial, commercial, and corporate segments, totaling 2.05 million square meters (m2). Of these, 21 properties are in the industrial segment, located in central Mexico markets, and they accumulate a total of 1.8 million square meters (m2). This portfolio includes industrial parks San Martín Obispo 1 and 2.
In 2021, Fibra Uno also acquired the entirely industrial portfolio, Vermont. This portfolio consists of 31 properties, totaling 479,624 square meters (m2) distributed in the northern and central regions of the country. This portfolio boasts an occupancy rate of 99%.
In 2019, Fibra Uno made one of the largest acquisitions in the industrial segment with Titan portfolio. Presently, it comprises 62 properties spanning 1.04 million square meters (m2) and is situated in the northern region of the country. The properties within this portfolio house international tenants primarily engaged in the light manufacturing industry.
In 2020, Fibra Uno acquired Hercules portfolio, which comprises 4 properties totaling 406,037 square meters (m2) and boasts a 100% occupancy rate. This portfolio includes San Martín Obispo III industrial park.