FIBRA Prologis Announces First Quarter 2026 Earnings Results<\/h1>\n
PR Newswire<\/p>\n
MEXICO CITY, April 29, 2026<\/p>\n<\/p><\/div>\n
MEXICO CITY<\/span>, April 29, 2026<\/span> \/PRNewswire-HISPANIC PR WIRE\/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the first quarter 2026.<\/p>\n HIGHLIGHTS FROM THE QUARTER: <\/b><\/p>\n Net earnings per CBFI was US$0.1067 for the quarter compared with US$0.0985 for the same period in 2025.<\/p>\n Funds from operations (FFO), as modified by FIBRA Prologis per CBFI, was US$0.0601 for the quarter compared with US$0.0609 for the same period in 2025.<\/p>\n SOLID OPERATING RESULTS\u00a0<\/b><\/p>\n “In a more balanced operating environment and amid ongoing trade uncertainty, FIBRA Prologis continues to demonstrate the durability of its portfolio, supported by disciplined execution and strong market positioning across Mexico’s key industrial regions. Our results reflect healthy operating fundamentals and a consistent focus on long-term value creation for our shareholders,” said H\u00e9ctor Ibarz\u00e1bal, CEO of FIBRA Prologis.<\/p>\n Operating Portfolio <\/b><\/span><\/p>\n<\/td>\n 1Q26<\/b><\/span><\/p>\n<\/td>\n 1Q25<\/b><\/span><\/p>\n<\/td>\n 1Q26 Notes<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n Period End Occupancy\u00a0<\/span><\/p>\n<\/td>\n 97.0\u00a0%<\/span><\/p>\n<\/td>\n 98.8\u00a0%<\/span><\/p>\n<\/td>\n Five markets above 96%.<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n Average Occupancy<\/span><\/p>\n<\/td>\n 97.4\u00a0%<\/span><\/p>\n<\/td>\n 98.1\u00a0%<\/span><\/p>\n<\/td>\n Above 97% since 2Q21.<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n Leases Commenced<\/span><\/p>\n<\/td>\n 3.6 MSF<\/span><\/p>\n<\/td>\n 3.0 MSF<\/span><\/p>\n<\/td>\n The activity was concentrated mainly in Mexico City and Juarez.<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n Customer Retention<\/span><\/p>\n<\/td>\n 81.2\u00a0%<\/span><\/p>\n<\/td>\n 93.6\u00a0%<\/span><\/p>\n<\/td>\n Net Effective Rent Change<\/span><\/p>\n<\/td>\n 59.6\u00a0%<\/span><\/p>\n<\/td>\n 65.2\u00a0%<\/span><\/p>\n<\/td>\n Led by Mexico City and Tijuana.<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n Same Store Cash NOI <\/span><\/p>\n<\/td>\n 9.9\u00a0%<\/span><\/p>\n<\/td>\n 2.0\u00a0%<\/span><\/p>\n<\/td>\n Led by rent change, annual rent increases and FX.<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n Same Store Net Effective NOI<\/span><\/p>\n<\/td>\n 10.7\u00a0%<\/span><\/p>\n<\/td>\n 4.6\u00a0%<\/span><\/p>\n<\/td>\n Led by rent change and annual rent increases. <\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n FINANCIAL POSITION<\/b><\/p>\n As of March 31, 2026, FIBRA Prologis’ leverage was 25.0 percent and liquidity was approximately US$ 1.1 billion, which included US$990 million of available capacity on its unsecured credit facility and US$76 million of unrestricted cash.<\/p>\n WEBCAST & CONFERENCE CALL INFORMATION<\/b><\/p>\n FIBRA Prologis will host a live webcast\/conference call to discuss quarterly results, current market conditions and future outlook.<\/p>\n Call details:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n\n
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