Fibra HD shareholders approve buying six industrial properties

FIBRA Prologis, a leading owner and operator of Class-A industrial real estate in Mexico, has acquired a portfolio of 14 industrial properties for approximately US$160 million, including closing costs. The properties, totaling 2.4 million square feet of industrial space and expansion land, are primarily located in Tijuana, with the remainder in the Bajío region. These assets are fully leased in USD to a diversified and high-quality customer base. The acquisition was completed through a transaction with Artha Capital, via its Frontier Industrial Platform and its CKD CK15 investment vehicle. This marks the full exit of the Frontier I industrial portfolio, which was initially funded through local pension funds (AFORES).

Luis Gutiérrez, CEO of Prologis Mexico, highlighted the strategic value of the acquisition, noting its role in strengthening FIBRA Prologis's presence in Tijuana and expanding its relationships with key customers. The transaction underscores FIBRA Prologis’s continued growth in Mexico’s industrial real estate sector, with the company now operating 208 logistics and manufacturing facilities across six industrial markets in the country.