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MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta S.A.B. de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, today announced results for the fourth quarter ended December 31, 2024. All figures included herein were prepared in accordance with International Financial Reporting Standards (IFRS), which differs in certain significant respects from U.S. GAAP. This information should be read in conjunction with, and is qualified.
MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today that the Company's fourth quarter 2024 financial results will be released after market close on Tuesday, February 18th, 2025. Vesta will host a conference call to discuss its results: Wednesday, February 19, 2024 10:00 a.m. Eastern Time (9:00 a.m. Mexico City time) Please connect via webcast or by dialing: International Toll-Free: +1 (888) 350-3870 International Toll:.
Corporación Inmobiliaria Vesta benefits from near-shoring and e-commerce trends, with a strong portfolio and sound business fundamentals, making it attractively valued for long-term investors. Vesta's portfolio is diversified, with high occupancy rates and significant growth plans, aiming to increase revenue from $251 million to $489 million by 2030. Political risks, including potential tariffs and currency fluctuations, are notable, but Vesta's exposure is mitigated by its U.S. dollar-denominated rental income and strategic debt management.
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