CIUDAD DE MÉXICO, 16 de junio de 2023 /PRNewswire/ — FIBRA Prologis (BMV: FIBRAPL 14), one of the leading real estate investment trusts in the investment and management of Class A logistics properties in Mexico, announces the ordinary assembly of holders (the «Assembly of Holders») to be held on Monday, July 3rd, 2023 at 11:00 am at the offices of the Common Representative, Monex Casa de Bolsa, S.A. de C.V., Monex Grupo Financiero, located at Av. Paseo de la Reforma No. 284, 9th floor, Col. Juárez, C.P. 06600, Mexico City, Mexico.
The agenda of the assembly includes the presentation of the Administrator regarding the generation of an Incentive Commission in favor of the Administrator for the Incentive Commission period concluded on June 5th, 2023, in terms of the provisions of clause 8.3 of the Management Agreement, and the approval by the Holders to instruct and issue additional Real Estate Trust Certificates («CBFI«) to be subscribed and paid to the Administrator and/or any of its affiliates in the amounts of the Incentive Commission due to them.
In the event that the Holders do not approve the issuance of the Additional CBFI, the Incentive Commission will be paid in cash in accordance with the provisions of the Management Agreement. Said additional CBFI subscribed and paid with the amounts derived from the Incentive Commission due to the Administrator will be subject to a six-month sale restriction period from the date of receipt thereof.
For additional information, please visit the website www.fibraprologis.com and go to the Investor Relations section.
FIBRA PROLOGIS PROFILE
FIBRA Prologis is a real estate investment trust for the investment and management of Class A industrial properties in Mexico. As of March 31st, 2023, FIBRA Prologis consisted of 225 logistics and manufacturing properties located in six industrial markets in Mexico, with a total Gross Rentable Area of 43.6 million square feet (4.0 million square meters).
FORWARD-LOOKING STATEMENTS
This press release contains some forward-looking statements. Such statements are based on current expectations, estimates, and projections of the industry and markets in which FIBRA Prologis operates, as well as on beliefs and assumptions derived from the Administrator of FIBRA Prologis. These statements involve uncertainties that could significantly affect the financial results of FIBRA Prologis. Words such as «expects,» «anticipates,» «intends,» «plans,» «believes,» «seeks,» «estimates,» or variations of such words and similar expressions are intended to identify such forward-looking statements, which are generally not of a historical nature. All statements regarding operational performance, events, or developments that we expect or anticipate to occur in the future, including statements related to rental and occupancy growth, development activities, and changes in sales or volume of properties to be contributed, dispositions, general conditions in the geographic areas in which we operate, and our debt and financial position, are forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict. While we believe that the estimates contained in any forward-looking statements are based on reasonable assumptions, we cannot assure that our expectations will be met and, therefore, actual results could differ materially from what is expressed or forecasted in such statement. Some of the factors that could affect such results include, but are not limited to: (i) international, regional, and local economic conditions, (ii) changes in financial markets, interest rates, and foreign currency exchange rates, (iii) increased competition regarding our properties, (iv) risks associated with acquisitions, dispositions, and development of properties, (v) maintaining the fiscal regime and structure of a real estate investment trust, (vi) availability of financing and capital, levels of indebtedness we maintain, and our ratings, (vii) risks related to our investments, (viii) environmental uncertainties, including the risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) additional risk factors discussed in the statements, reports, and prospectuses filed with the National Banking and Securities Commission and the Mexican Stock Exchange, S.A.B. de C.V., by FIBRA Prologis under the heading «Risk Factors». Neither Prologis nor FIBRA Prologis undertake any obligation to update the forward-looking statements appearing in this press release.
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SOURCE FIBRA Prologis
