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Apr 29, 2026 8:01 PM

FIBRA Prologis Announces First Quarter 2026 Earnings Results

MEXICO CITY, April 29, 2026 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL), a leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the first quarter 2026.

HIGHLIGHTS FROM THE QUARTER:

Net effective rents on rollover were 59.6 percent.

Period-end and average occupancy were 97.0 and 97.4 percent, respectively.

Customer retention was 81.2 percent.

Same store cash NOI was 9.9 percent.

Net earnings per CBFI was US$0.1067 for the quarter compared with US$0.0985 for the same period in 2025.

Funds from operations (FFO), as modified by FIBRA Prologis per CBFI, was US$0.0601 for the quarter compared with US$0.0609 for the same period in 2025.

SOLID OPERATING RESULTS 

"In a more balanced operating environment and amid ongoing trade uncertainty, FIBRA Prologis continues to demonstrate the durability of its portfolio, supported by disciplined execution and strong market positioning across Mexico's key industrial regions. Our results reflect healthy operating fundamentals and a consistent focus on long-term value creation for our shareholders," said Héctor Ibarzábal, CEO of FIBRA Prologis.

Operating Portfolio

1Q26

1Q25

1Q26 Notes

Period End Occupancy 

97.0 %

98.8 %

Five markets above 96%.

Average Occupancy

97.4 %

98.1 %

Above 97% since 2Q21.

Leases Commenced

3.6 MSF

3.0 MSF

The activity was concentrated mainly in Mexico City and Juarez.

Customer Retention