Overview of Fibra Mty’s Third Quarter 2025 Performance
Fibra Mty, a prominent real estate investment trust (REIT) in Mexico, reported its third quarter 2025 results, showcasing a 15.6% annual revenue growth. The company’s total income reached 839.4 million pesos, with a 17.4% increase in operating net income (ION) during the same period.
Portfolio Composition and Industrial Focus
Fibra Mty’s financial performance is backed by its portfolio composition, which is predominantly industrial assets. Out of the 119 properties owned by the trust, 96 are dedicated to industrial use, accounting for 81% of its asset base. The remaining properties consist of 17 office buildings and 6 commercial spaces, with a 96% occupancy rate across over 2 million square meters of gross leasable area.
Key Transactions and Future Plans
- During the period, Fibra Mty completed the industrial portfolio Batach in Nuevo León by selling two warehouses for $73.4 million and acquiring a plot in Ciénega de Flores for $5.5 million, intended for the expansion of its Garibaldi 1 property with a total projected investment of $20.2 million.
- Looking ahead, Fibra Mty announced a pipeline of acquisitions exceeding $500 million, including advanced negotiations worth approximately $120 million.
Financial Strength and Portfolio Rebalancing
Fibra Mty’s growth capacity is supported by a robust financial position, featuring a 27.1% debt-to-equity ratio and a cash balance of 3,357.5 million pesos. The company estimates it can invest an additional $250 to $450 million in the industrial sector.
As part of its portfolio rebalancing, Fibra Mty is progressing in the sale of office assets, having received offers totaling 2,350 million pesos. These strategic moves solidify Fibra Mty’s position in the industrial segment, capitalizing on nearshoring dynamics and strong demand for logistics and manufacturing spaces in northern Mexico.
Key Questions and Answers
- Who is Fibra Mty? Fibra Mty is a leading real estate investment trust (REIT) in Mexico, specializing in industrial and office properties.
- What is Fibra Mty’s recent financial performance? In the third quarter of 2025, Fibra Mty reported a 15.6% annual revenue growth, with total income reaching 839.4 million pesos and a 17.4% increase in operating net income (ION).
- What is the composition of Fibra Mty’s portfolio? 81% of Fibra Mty’s assets are industrial properties, with the remaining 19% consisting of office and commercial spaces. The company boasts a 96% occupancy rate across over 2 million square meters of gross leasable area.
- What recent transactions has Fibra Mty completed? Fibra Mty sold two warehouses in Nuevo León for $73.4 million and acquired a plot in Ciénega de Flores for $5.5 million, planning to expand its Garibaldi 1 property with a total investment of $20.2 million.
- What are Fibra Mty’s future plans? Fibra Mty has a pipeline of acquisitions exceeding $500 million, with advanced negotiations worth approximately $120 million. The company aims to invest an additional $250 to $450 million in the industrial sector while rebalancing its portfolio by selling office assets.
