FIBRA Macquarie México Provides Update on Its Portfolio Following Recent Earthquake
September 21 2017 - 6:21PM
Business Wire
FIBRA Macquarie México (FIBRA Macquarie) (BMV: FIBRAMQ)
announced today that inspections of its 30 industrial and 10 retail
properties in the greater Mexico City and Puebla vicinity have
determined that none have major structural damage. A limited number
of properties have minor damage which is not expected to cause any
material operational issues for FIBRAMQ’s customers.
“During this time, our first concern is with the safety and
well-being of the community, including our customers, colleagues
and the extended members of the FIBRA Macquarie family. We are
focused on ensuring that everyone is taken care of and assisting
the broader community in any way we can. We are working diligently
with all of our stakeholders to fully assess property condition,
and to complete the minor repairs required as quickly as
practicable,” stated Juan Monroy, FIBRA Macquarie’s chief executive
officer.
FIBRAMQ carries appropriate insurance including for earthquake
damage.
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 274 industrial properties and 17 retail/office properties,
located in 22 cities across 18 Mexican states as of June 30, 2017.
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 (MIRA) pioneered
infrastructure as a new asset class for institutional investors.
For more than 20 years it has been investing in and managing the
assets that people use every day - extending beyond Infrastructure
to Real Estate, Agriculture and Energy. MIRA’s dedicated
operational and financial experts work where MIRA’s funds invest
and the portfolio companies operate. They are part of a global team
which helps clients to see across the regions and deep into local
markets. As of March 31, 2017, MIRA has assets under management of
more than $118 billion.
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
70 office locations in 28 countries. Macquarie employs
approximately 13,597 people and has assets under management of more
than $367 billion (as of March 31, 2017).
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.
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FIBRA Macquarie MéxicoInvestor relations:+52 (55)
9178 7751fibramq@macquarie.comorEvelyn Infurna,
+1-203-682-8265evelyn.infurna@icrinc.comorNikki Sacks,
+1-203-682-8263nikki.sacks@icrinc.comorFor press
queries:FleishmanHillard MéxicoAlejandro Sampedro
Llorens, +52 55 5540 6031 ext.
249alejandro.sampedro@fleishman.com