FIBRA Macquarie Mexico Q3 2025 Earnings Recap

FIBRA Macquarie reported record revenues and AFFO growth in Q3 2025, driven by a robust industrial portfolio and strategic asset acquisitions, positioning the company for continued success.

Key Takeaways

• Revenues increased by 8.4% year-over-year, with quarterly AFFO rising 6.6%.
• Distribution per certificate surged 17% compared to last year, with a prudent payout ratio.
• Achieved average rental rates in the industrial portfolio up 6.8%, with double-digit renewal spreads at 17%.
• Successfully acquired a 250,000 square foot logistics facility for $35 million, enhancing portfolio quality and earnings visibility.
• Retail portfolio occupancy hit a post-pandemic high of 93.6%, contributing to 4.1% NOI growth.