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Fibra Next to Weigh Prologis Disposals as It Onboards Partner Assets

Under nearshoring momentum, the trust plans to onboard over 8 million m² of partner assets this year as it assesses Prologis disposals.

Overview

  • Fibra Next raised 8 billion pesos in its July IPO and started operations with nine fully leased Class A properties totaling 754,000 m².
  • Before year-end, the trust will integrate 182 assets from Fibra Uno and nine from the El-Mann family to add more than 8 million m² of gross leasable area.
  • CEO Raúl Gallegos said the company will analyze all market opportunities, including acquiring stabilized assets that Fibra Prologis plans to divest.
  • The REIT aims to expand its portfolio to 22 million m² by 2030 through a combination of organic developments and strategic acquisitions.
  • Management expects a second wave of nearshoring driven by U.S. tariff dynamics and T-MEC review to underpin more than 100% growth in five years.