Corporacion Inmobiliaria Vesta SAB de CV

Vesta has announced a global public offering of 70,047,634 common shares, which will also be offered as American Depositary Shares in the US and other markets outside Mexico based on a Form F-3 filed with the SEC. The placement in Mexico is subject to approval by the CNBV and will be conducted via preliminary and final prospectuses. Barclays, J.P. Morgan and Morgan Stanley are joint global coordinators. Vesta has a market capitalization of around USD 2.96 billion; the stock trades near its 52‑week high. One analysis currently describes the stock as overvalued relative to fair value, but rates the company's financial position as very strong. » Altro su de.investing.com

Vesta presents the strategy plan “Route 2030,” which aims to expand the industrial portfolio from 43.0 to 63.0 million square feet by 2030 and double rental income from USD 251 million to USD 489 million. Implementation includes USD 1.7 billion in CAPEX split between optimizing the existing portfolio and a development program of 20.5 million SF across six core markets such as Monterrey, Guadalajara and Mexico City. Q1 results showed USD 77 million in revenue (+14.9%), rising margins in adjusted EBITDA and NOI, slightly lower FFO due to higher operating costs; leverage remains conservative with an LTV of 26% and cash reserves of USD 206 million. The strategy relies on nearshoring and e-commerce trends in Mexico and cites an estimated portfolio value target of USD 6.8 billion. » Altro su de.investing.com

Vesta reported Q3 2025 total revenues of $72.4 million, up 13.7% year‑over‑year (ex‑energy revenues $69.9 million, +14.5%). Adjusted net operating income rose 14.7% to $66.1 million with a 94.4% adjusted NOI margin. The investment property portfolio value reached $3.9 billion, and management cited strong leasing momentum, new contracts and inflation adjustments as drivers. Vesta raised its 2025 guidance to an expected EBITDA margin of about 84.5% and revenue growth of 10–11% for the year. » Altro su finance.yahoo.com