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Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR ( (VTMX) ) just unveiled an announcement.
On February 18, 2025, Vesta announced its financial results for the fourth quarter of 2024, highlighting significant achievements in income and leasing activities. The company reported a 17.7% year-over-year increase in total income for the year, reaching US$ 252.3 million, and an impressive 25.2% growth in Vesta FFO. The fourth quarter saw strong leasing activity with 1.6 million square feet leased, primarily in the Bajio Region. Vesta also acquired strategic land in Guadalajara and Ciudad Juarez to expand its development portfolio. The company’s ESG strategy continued to advance, evidenced by its inclusion in the S&P/BMV Total ESG Mexico Index and the S&P Global Sustainability Yearbook.
More about Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR
Corporación Inmobiliaria Vesta S.A.B. de C.V. is a leading industrial real estate company based in Mexico, focusing on leasing and managing industrial properties across various sectors including electronics, automotive, and logistics. The company is recognized for its strategic acquisitions and developments, contributing to its robust presence in the Mexican market.
YTD Price Performance: 5.83%
Average Trading Volume: 162,725
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.34B
For a thorough assessment of VTMX stock, go to TipRanks’ Stock Analysis page.
