Fibra Danhos Earnings Recaps
Q3 2025
Oct 24, 2025
Fibra Danhos reported robust third-quarter results with a 14% increase in total revenues to MXN 1.9 billion, bolstered by strong occupancy rates and strategic growth in industrial assets.
Key takeaways
- NOI reached MXN 1.5 billion, reflecting a 15% year-over-year increase and a margin of 78.6%.
- Successful signing of build-to-suit lease agreements for over 300,000 square meters, expected to drive cash flow by year-end 2026.
- Retained cash flow of MXN 1.1 billion utilized to finance ongoing CapEx projects, while maintaining a strong balance sheet with only 13% leverage.
- Portfolio occupancy improved to 91%, with industrial assets achieving 100% occupancy; retail and office occupancies stand at 94% and 76% respectively.
- Despite economic deceleration, the retail segment remains resilient due to prime location and solid tenant performance.