Strategy

Vesta Level 3

The complete accomplishment of our Vesta 2020 Vision Strategy allowed us to increase our stabilized GLA at a CAGR of 15%, among other positive indicators. Heartened by this success, we introduced the next phase of our growth plan, the Vesta Level 3 Strategy, which consists of five main topics:

Therefore, the Sustainability area was reinforced to deal with environmental, social and governance (ESG) issues with a much more comprehensive and committed approach. In addition, we updated our materiality analysis in order to identify the most significant issues and with the highest impact for our operations and stakeholders.

01

Managing, maintaining and improving the current portfolio.

02

Investing and/or divesting for continuous value creation.

03

Continuing to strengthen our balance sheet and expand funding sources.

04

Strengthening our organizational structure to successfully execute this strategy.

05

Becoming an industry benchmark in ESG matters.

Based on this materiality analysis and other domestic and international best practices in the industry, we designed the Vesta ESG Strategy, aligned with the Vesta Level 3 Strategy, which will enable us to comprehensively manage our properties, in shared responsibility with our tenants and suppliers.