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Home>Terrafina Announces Results of Inspections Following Earthquake

Terrafina Announces Results of Inspections Following Earthquake

Terrafina Announces Results of Inspections Following Earthquake

09/27/2017

Terrafina Announces Results of Inspections Following Earthquake

Terrafina (”TERRA”) (BMV:TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate and dedicated to the acquisition, development, lease and management of industrial real estate properties in Mexico, today announced that it had concluded all necessary property inspections of its properties located in the Mexico City Metropolitan Area and Puebla, following the earthquake that struck on September 19. The results of the inspections determined that all the properties can continue normal operations by its tenants and were deemed to be structurally safe and in good working condition.

On behalf of the entire team at Terrafina, we would like to express our solidarity with the country and support with all those affected by this natural disaster.

About Terrafina

Terrafina (BMV:TERRA13) is a Mexican real estate investment trust formed primarily to acquire, develop, lease and manage industrial real estate properties in Mexico. Terrafina’s portfolio consists of attractive, strategically located warehouses and other light manufacturing properties throughout the Central, Bajio and Northern regions of Mexico. It is internally managed by highly-qualified industry specialists and externally advised by PGIM Real Estate.

Terrafina owns 272 real estate properties, including 260 developed industrial facilities with a collective GLA of approximately 36.5 million square feet and 12 land reserve parcels, designed to preserve the organic growth capability of the portfolio.

Terrafina’s objective is to provide attractive risk-adjusted returns for the holders of its certificates through stable distributions and capital appreciations. Terrafina aims to achieve this objective through a successful performance of its industrial real estate and complementary properties, strategic acquisitions, access to a high level of institutional support, and to its management and corporate governance structure. For more information, please visit www.terrafina.mx

PGIM Real Estate

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