Record-Breaking Revenue and NOI
Fibra Uno reported record income and net operating income (NOI) for the third quarter of 2024, with a year-over-year revenue increase of 11% and quarter-to-quarter revenue growth of 5.1%.
Strong Occupancy Rates
Overall occupancy reached 95.3%, with the industrial portfolio at 98.4%, retail at 92.7%, and office at 83.5%, showing significant improvements especially in the office sector.
Improved Leasing Spreads
Leasing spreads improved significantly, with the industrial segment showing a 9% increase in pesos and 15.6% in dollars, indicating strong demand in the logistics hub.
Positive NOI Margin Growth
Net operating income increased by 5.7% to MXN 5.412 billion, with an NOI margin of 83.6% over rental revenues, showing effective cost management.