Highlights

  • Two high-quality industrial properties in core market
  • Stabilized capitalization rate of 8.5%

FIBRA Macquarie México (FIBRA Macquarie) (BMV:FIBRAMQ), owner of one of the largest portfolios of industrial and retail/office property in Mexico, announced it has completed the acquisition of two industrial properties and adjacent land located in Ciudad Juarez, Chihuahua, for a total of US$21.7 million (approximately Ps.398.6 million), excluding transaction costs and taxes. The two existing properties comprise 35,300 square meters (380,000 square feet) of gross leasable area (GLA) while the land parcel provides an opportunity to expand an existing building and add a further 6,500 square meters (70,000 square feet) of GLA.

“We are pleased to have finalized the acquisition of two high-quality assets in the important industrial property market of Ciudad Juárez,” said Juan Monroy, chief executive officer of FIBRA Macquarie. “We continue to add well-known institutional tenants to our portfolio by expanding our presence in a key northern city.”

FIBRA Macquarie acquired the two stabilized properties for a total purchase price of US$21.1 million (approximately Ps.387.0 million), and the land parcel for a total purchase price of US$0.6 million (approximately Ps.11.6 million), excluding transaction costs and taxes. The lease contracts associated with the transaction are triple net (NNN) and USD-denominated. FIBRA Macquarie expects the transaction to generate stabilized net operating income (NOI) of US$1.8 million (approximately Ps.33.8 million) on an annualized basis in 2016 or US$0.002 (approximately Ps.0.042) per certificate based on 811.4 million certificates outstanding. The expected contribution to NOI implies a stabilized capitalization rate for the properties of 8.5%. FIBRA Macquarie funded the acquisition with available cash.

Transaction costs and taxes totaled approximately US$0.7 million (Ps. 13.5 million). With this closing, FIBRA Macquarie’s industrial portfolio comprises 276 properties with a combined GLA of 3.0 million square meters (32.2 million square feet).

FIBRA Macquarie will administer the properties through its scalable internal property administration platform, leveraging its ability to integrate new properties without incurring material additional operating expenses.

About FIBRA Macquarie

FIBRA Macquarie México (FIBRA Macquarie) (BMV: FIBRAMQ) is a real estate investment trust (fideicomiso de inversión en bienes raíces), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties. FIBRA Macquarie’s portfolio consists of 276 industrial properties and 17 retail/office properties, located in 24 cities across 19 Mexican states as of February 9, 2016. Nine of the retail/office properties are held through a 50/50 joint venture with Grupo Frisa. FIBRA Macquarie is managed by Macquarie México Real Estate Management, S.A. de C.V. which operates within the Macquarie Infrastructure and Real Assets division of Macquarie Group. For additional information about FIBRA Macquarie, please visit www.fibramacquarie.com.

Macquarie Infrastructure and Real Assets is a business within the Macquarie Asset Management division of Macquarie Group and a global alternative asset manager focused on real estate, infrastructure, agriculture and energy assets. Macquarie Infrastructure and Real Assets has significant expertise over the entire investment lifecycle, with capabilities in investment sourcing, investment management, investment realization and investor relations. Established in 1996, Macquarie Infrastructure and Real Assets has approximately US$103.7 billion of total assets under management as of September 30, 2015.

About Macquarie Group

Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 60 office locations in 29 countries. Macquarie employs approximately 13,500 people and has assets under management of over US$354 billion (as of September 30, 2015).

Cautionary Note Regarding Forward-looking Statements

This release may contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ significantly from these forward-looking statements and we undertake no obligation to update any forward-looking statements.

None of the entities noted in this document is an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities.

THIS RELEASE IS NOT AN OFFER FOR SALE OF SECURITIES IN THE UNITED STATES, AND SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED.

THIS ANNOUNCEMENT IS NOT FOR RELEASE IN ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA.

Investor Relations:MacquarieToe Matsumura, +52 (55) 9178 7768Cell: +52 1 (55) 4450 5018toe.matsumura@macquarie.comorPressCarralSierra PR & Strategic CommunicationsJose Manuel Sierra, +52 (55) 5286 0793Cell: +52 1 (55) 5105 5907jmsierra@carralsierra.com.mxorDiego Arrazola, +52 (55) 5286 0793Cell: +52 1 (55) 3977 2778darrazola@carralsierra.com.mx