Company Corporación Inmobiliaria Vesta, S.A.B. de C.V.

Equities

VESTA *

MX01VE0M0003

Real Estate Development & Operations

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Ratings for Corporación Inmobiliaria Vesta, S.A.B. de C.V.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Industrial Real Estate Development

CORPORACIÓN INMOBILIARIA VESTA, S.A.B. DE C.V.

End-of-day quote Mexican S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
61.55 ^MXN	+1.32%		+2.63%	-8.72%

Apr. 25	Earnings Flash (VTMX) CORPORACION INMOBILIARIA VESTA S.A.B. DE C.V. Posts Q1 Revenue $60.6M	MT
Mar. 22	Goldman Sachs Upgrades Corporacion Inmobiliaria Vesta to Buy From Neutral, Raises Price Target $42 From $38	MT

Vesta Real Estate Corporation SAB de CV (Vesta) is a Mexico-based company engaged in the real estate sector. The Companyâs scope of activities includes development, sale, purchase, rental, and administration of industrial buildings as well as distribution centers in Mexico. In addition, the Company provides solutions for light manufacturing, distribution, and e-commerce operation. Vestaâs activities are present in multiple states of Mexico with over 200 functioning industrial buildings. The real estate operations performed by the Firm support industries such as automotive, food and beverages, logistics as well as plastics. The Company has a number of subsidiaries in Mexico, such as CIV Infraestructura S de RL de CV, Proyectos Aeroespaciales S de RL de CV, QVC II S de RL de CV, as well as Vesta Baja California S de RL de CV, among others.

Number of employees: 94

MXN in Million	2022	Weight	2023	Weight	Delta
Rents 93.4 %	3,395	94.8 %	3,553	93.4 %	+4.65%
Reimbursable Building Services 5.2 %	188	5.2 %	199	5.2 %	+6.34%
Energy 0.9 %	-	-	34	0.9 %	-
Management Fees 0.5 %	-	-	18	0.5 %	-

MXN in Million	2022	Weight	2023	Weight	Delta
Mexico 100.0 %	3,582	100.0 %	3,805	100.0 %	+6.21%

Managers	Title	Age	Since
Lorenzo Dominique Berho Carranza CEO	Chief Executive Officer	41	00-12-31
Lorenzo Manuel Berho Corona FOU	Founder	64	97-12-31
Juan Felipe Sottil Achutegui DFI	Director of Finance/CFO	64	08-12-31
Guillermo Diaz Cupido CIO	Chief Investment Officer	70	16-05-31
Fernanda Bettinger IRC	Investor Relations Contact	31	16-03-31
Alfredo Marcos Paredes Calderon HRO	Human Resources Officer	50	16-09-30
Alejandro Pucheu Romero LAW	General Counsel	49	06-12-31

Members of the board	Title	Age	Since
Craig Wieland Marlene Hormes BRD	Director/Board Member	64	15-12-31
Luis Fernando de la Calle Pardo BRD	Director/Board Member	63	10-12-31
Oscar Francisco Cázares Elías BRD	Director/Board Member	63	13-12-31
Luis Javier Solloa Hernández BRD	Director/Board Member	57	14-12-31
Lorenzo Manuel Berho Corona FOU	Founder	64	97-12-31
Daniela Berho Carranza BRD	Director/Board Member	-	13-12-31
Loreanne Helena Garcia Ottati BRD	Director/Board Member	-	21-12-31
José Manuel Dominguez Diaz Ceballos BRD	Director/Board Member	64	14-12-31
Douglas Arthur BRD	Director/Board Member	43	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	884,486,436	625,372,131 ( 70.70 %)	14,377,308 ( 1.625 %)	70.70 %

Name	Equities	%	Valuation
Afore Coppel SA de CV AFR 6.295 %	55,548,760	6.295 %	218 M $
Lorenzo Manuel Berho Corona 2.883 %	25,439,050	2.883 %	100 M $
GIC Pte Ltd. (Investment Management) 2.514 %	22,186,023	2.514 %	87 M $
LarrainVial Asset Management AGF SA 1.103 %	9,730,101	1.103 %	38 M $
DWS Grundbesitz GmbH 0.8735 %	7,708,840	0.8735 %	30 M $
SAM Asset Management SA de CV SOFI 0.7111 %	6,275,000	0.7111 %	25 M $
BBVA Bancomer Gestión S.A. de C.V. SOFI 0.7014 %	6,189,990	0.7014 %	24 M $
BlackRock México Operadora SA de CV SOFI 0.6403 %	5,650,369	0.6403 %	22 M $
MFS International Singapore Pte. Ltd. 0.4455 %	3,931,298	0.4455 %	15 M $
Amundi Asset Management SA (Investment Management) 0.3344 %	2,951,403	0.3344 %	12 M $

Name	Equities	%	Valuation
Fidelity Management & Research Co. LLC 2.378 %	2,098,759	2.378 %	82 M $
GIC Pte Ltd. (Investment Management) 2.353 %	2,076,344	2.353 %	81 M $
Wellington Management Co. LLP 1.868 %	1,648,733	1.868 %	65 M $
Janus Henderson Investors US LLC 0.8637 %	762,194	0.8637 %	30 M $
BlackRock Advisors LLC 0.8494 %	749,589	0.8494 %	29 M $
Carmignac Gestion SA 0.8156 %	719,730	0.8156 %	28 M $
Waterfront Capital Partners LLC 0.8061 %	711,391	0.8061 %	28 M $
Blackrock Group Ltd. (Subfiler) 0.7635 %	673,751	0.7635 %	26 M $
Massachusetts Financial Services Co. 0.7528 %	664,297	0.7528 %	26 M $
Macquarie Investment Management Business Trust 0.6133 %	541,263	0.6133 %	21 M $

Corporación Inmobiliaria Vesta SAB de CV

Paseo de Tamarindos 90 Torre 2, Bosques de las Lomas

05120, Mexico City

+52 55 5950 0070

http://www.vesta.com.mx

address Corporación Inmobiliaria Vesta, S.A.B. de C.V.(VESTA *)

Trading Rating

Investor Rating

ESG Refinitiv

A-

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

61.55 MXN

Average target price

71.44 MXN

Spread / Average Target

+16.06%

Consensus

Estimates Revisions

Company calendar

Real Estate

Real Estate

Real Estate Operations

Real Estate Development & Operations

Industrial Real Estate Development

	1st Jan change	Capi.
CORPORACIÓN INMOBILIARIA VESTA, S.A.B. DE C.V.	-8.72%	3.07B
AB SAGAX	-4.01%	8.51B
INVESTMENT AND INDUSTRIAL DEVELOPMENT CORPORATION	-16.53%	2.14B
WHA CORPORATION	-8.68%	1.95B
AMATA CORPORATION	-15.89%	699M
SWEDISH LOGISTIC PROPERTY AB	-1.69%	661M
PROPERTY FOR INDUSTRY LIMITED	0.00%	671M
TRITAX EUROBOX PLC	-12.84%	517M
PT PURADELTA LESTARI TBK	-1.23%	479M
MLP GROUP S.A.	+13.52%	476M

Industrial Real Estate Development