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Terrafina fiber In the third quarter of 2018, its turnover reached $ 48 million, an increase of 16.6% or $ 6.8 million over the same period of the previous year, thanks to the manufacturing and logistics vocation of its tenants.
In its quarterly report sent Thursday to the Mexican Stock Exchange (BMV), noted that the net operating income was $ 48.1 million, which represents an increase of 16.2% over the period from July to September 2017.
The industrial real estate trust It recorded 16.5% growth in operating cash flow (EBITDA) in 3Q18 compared to 3Q17, reaching $ 43.3 million.
Fibra pointed out that the occupancy rate at September 30, 2018 was 95.2%, while the average annualized rental price was $ 5.13 per square foot.
In 3Q18, Terrafina recorded a total of 41 million square feet of gross floor area (BRA) including 287 properties and 293 tenants.
"The economic activity of our tenants continues to strengthen the manufacturing sector for export and logistics in Mexico, proving the more than 6.8 million square feet of leases generated by Terrafina over the past nine months ", said Alberto Chretin, chief executive of the trust. .
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