Letter from the

Chief Executive Officer

The geopolitical and economic context in 2019 was complicated, nevertheless, we achieved solid financial results. We successfully met the goals of our Vesta 2020 Vision Plan and laid the groundwork for our new Vesta Level 3 Strategy.

  • We closed the successful sale of a portfolio covering 1.6 million square feet for USD 109.3 million.
  • We incorporated new markets to our portfolio through the strategic acquisition of land in Guadalajara and Monterrey.
  • We launched four new industrial parks in the country.
  • We refinanced Vesta’s debt so that we have no maturities coming up in the next five years and extended our average weighted maturity term to seven years.
  • We reinforced our ESG1 commitment by joining Dow Jones Sustainability MILA Pacific Alliance Index.
  • We achieved the Great Place to Work® distinction.

1ESG. Environmental, Social and Governance.