FIBRA Prologis Hosts Certificate Holders Meeting
FIBRA Prologis (BMV: FIBRAPL 14), a top-tier owner and operator of Class-A industrial properties, is organizing an ordinary meeting for certificate holders. This significant event is set to unfold soon, presenting opportunities for stakeholders to engage with the company's plans and strategies.
Meeting Details and Agenda
The ordinary certificate holders meeting will take place on May 7, 2025, starting at 11:00 am Mexico Time. This meeting serves as a platform for sharing crucial information regarding FIBRA Prologis’ future actions. The agenda includes several vital topics:
Proposal for CBFI Repurchases
Firstly, holders will review a proposal regarding the maximum limit on the amount the Trust may allocate each fiscal year for the repurchase of CBFIs. This proposal will discuss compliance with the applicable provisions of the Trust Agreement, reflecting on the financial management strategies that guide FIBRA Prologis.
Delegates for Compliance
Secondly, the meeting will address the designation of delegates responsible for formalizing and ensuring adherence to the resolutions adopted during the gathering. This is crucial for maintaining the integrity and operational responsiveness of the company.
Important Attendance Information
For those wishing to attend the meeting, it is essential to submit specific documentation at least one business day prior. This documentation includes:
- The certificate of deposit from S.D. Indeval Institución para el Depósito de Valores, S.A. de C.V.
- A list of holders, as provided by the relevant financial intermediary.
- A power of attorney or mandate, if representation is needed at the meeting.
Documentation can be delivered to the Common Representative’s offices located at av. Paseo de la Reforma no. 284, piso 9, col. Juárez, Cuauhtémoc, C.P. 06600, Mexico City. The representatives, Esteban Manuel Serrano Hernández and Ricardo Ramírez Gutiérrez, are available for assistance on weekdays during specified hours.
Contact for Further Inquiries
Holders with questions regarding the agenda are encouraged to reach out to the Common Representative by phone or email. Clear communication is vital to ensure all participants are well-prepared and informed for the meeting.
About FIBRA Prologis
FIBRA Prologis is recognized for its extensive ownership and operation of Class-A industrial properties in Mexico. As of recent evaluations, the company boasts a comprehensive portfolio, featuring 509 investment properties that cumulatively span 87.1 million square feet (approximately 8.1 million square meters). The portfolio includes a diverse range of logistics and manufacturing facilities.
Portfolio Overview
The company’s assets are strategically positioned across six industrial core markets within Mexico. Notably, the logistics and manufacturing facilities encompass 65.5 million square feet (6.1 million square meters) of Gross Leasing Area (GLA). Additionally, the organization has 159 buildings classified as non-strategic assets, covering 21 million square feet (1.9 million square meters) in other markets. This substantial footprint highlights FIBRA Prologis' pivotal role in the industrial real estate landscape of the region.
Frequently Asked Questions
What is the purpose of the meeting?
The meeting aims to discuss the Trust's repurchase capabilities and to appoint delegates to execute resolutions.
When is the meeting scheduled?
The ordinary certificate holders meeting is set for May 7, 2025, at 11:00 am Mexico Time.
How can I attend the meeting?
Participants must provide required documentation one business day before the meeting to attend.
Who should I contact for more information?
Holders can contact the Common Representative via phone or email for clarification on the agenda.
What is the current portfolio size of FIBRA Prologis?
The company manages a portfolio comprising 509 properties totaling 87.1 million square feet.
