FIBRA Prologis Secures Control of Terrafina, Reinforcing Commitment to Mexican Industrial Real Estate
PLDPrologis(PLD) Prnewswire·2024-08-07 07:37

MEXICO CITY, Aug. 6, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14), a leading owner and operator of Class A industrial real estate in Mexico, has acquired a significant majority of Terrafina's CBFIs, representing 77.14% of the outstanding certificates. This move further solidifies FIBRA Prologis' position as a leading player in Mexico's industrial real estate sector."We are delighted to have secured control of Terrafina with more than three-quarters of shareholders supporting FIBRA Prologis' tender. ...