We are a leading Mexican real-estate company specializing in the development, operation, lease, sale, and purchase of strategically located industrial buildings that are ideal for the needs of light manufacturing, logistics and e-commerce.
The spaces we develop for our clients incorporate environmental, social and governance (ESG) criteria to ensure that their operations are sustainable and profitable over the long term. In 2024 we continued to work toward certification of more of our buildings under sustainable criteria.
We have certified 11 new buildings with LEED and 20 with EDGE.
ESG initiatives
We are actively involved in a number of ESG initiatives:
Our mission is to be a company of excellence, supported by an enterprising team. We create efficient, sustainable real estate solutions.
Developing sustainable industrial real-estate, dedicated to the progress of humanity.
We innovate Mexico’s industrial platform.
It is our purpose and reason for being.
11
Industrial buildings under development
12
industrial sectors served
224
industrial buildings in operation
16
states of Mexico where Vesta is present
192
clients
10
Social investment initiatives
Percentage of buildings by region
Percentage of GLA by region
1 The surface area of 11 LEED-certified buildings (2,732,149 sq ft), and 20 EDGE-certified buildings (2,690,106 sq ft), a total of 31 buildings.
2 Includes all green certifications for properties as of the close of 2024.
Portfolio by industry
37,641,031 sq ft
of leased GLA
2,658,933 sq ft
of GLA vacant
86%
client retention rate
To maintain active communication with our clients, we have conducted an annual Client Satisfaction Survey. According to the survey results, 84% of clients would renew their lease agreement with Vesta and 82% are satisfied with our service. In addition, we achieved a Net Promoter Score (NPS) of 76, this result is 4 higher than in 2023.
We conduct annual ESG audits in accordance with our Supplier ESG Requirements and Audit Procedure, selecting different suppliers based on their level of business with Vesta and asking them to undergo the diagnostics. Between 2020 and 2024, we had audited 117 suppliers.
As for our suppliers, to learn about how they view our relationship and service, we continued our eight-year tradition of conducting a Supplier Satisfaction Survey as a tool to identify areas for improvement. This time, we extended the invitation to 69 suppliers, with a response rate of 58%.