Our History

The CBFI Holders’ Meeting approved the investment required for the development of the “Home” portfolio, and two of the three land plots with a combined value of Ps.895 million were contributed to the Trust.

Fibra Plus acquired the “Autlán” project, located in Autlán de Navarro, Jalisco. The property consists of a commercial development that began operations in 2014 and has a GLA of 5,017 m². The price of the transaction amounted to Ps.67.8 million plus the corresponding value-added tax, as well as other taxes and expenses related to it.

The Company’s Technical Committee approved the acquisition of a new real estate asset denominated “Baja California”, which is subject to the findings made during due diligence. Additionally, the expansion of “Espacio Condesa” and the change in the GLA of “Héredit Acueducto” were approved.

The Company carried out the acquisition of the “Sonora” portfolio, located in Nogales, Sonora. This acquisition has an approximate GLA of 54,936 m², as well as the capacity to generate around USD$2.9 million rental income per year.

Fibra Plus completed the refurbishing works at the Torre Arcos, located in Guadalajara, Jalisco. This being the first office property owned by Fibra Plus, with a GLA of 5,824 m². The commercialization process of the building is underway, with CBRE as a general real estate broker.

The Company completed the first round of preferential subscriptions for the CBFI holders, initiated on March 9, 2018. In which, 49,584,046 CBFIs were subscribed at a price per CBFI of Ps.15.0, i.e., a total amount of Ps.743,760,690. It is important to note that the subscription was made at a discount of 10.7% on the CBFI price when compared to its book value.

The company completed the first phase of the “Torre Premier” project, in Tabasco, adding another property to the portfolio in operation.

Fibra Plus announced the expansion of “Espacio Condesa”, incorporating an office component for the benefit of the Trust’s equity. Therefore, “Espacio Condesa” will have commercial, residential and office components.

Construction activities in Salina Cruz, Oaxaca are concluded, and the asset is now in the tenant customization stage.

Fibra Plus was able to acquire 70.9% of the outstanding shares of Fibra HD, in a transaction that resulted in the first merger in the Mexican Fibra sector.

Fibra Plus acquired the industrial park “T-MEC III” for Ps.486 million. The industrial park is located on the border between Mexico and the United States and has 46,521 m² of gross leasable area and a capacity to generate an annual NOI of Ps.51.3 million.

Fibra Plus joined the S&P/BMV Fibras Index, the main performance indicator of the largest and most liquid Real Estate Investment Trusts listed on the Mexican Stock Exchange.

Fibra Plus successfully completed the preferential follow-on offering of 116,301,032 certificates, equivalent to Ps.829.2 million, for subscription by the Trust’s Holders.