FIBRA Prologis Declares Quarterly Distribution

Latin America - español

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Feb 20, 2015, 04:05 ET

MEXICO CITY, Feb. 20, 2015 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14), the leading owner and operator of Class-A industrial real estate in Mexico, declared yesterday, February 19, 2015, a cash distribution of Ps. 154.9 million (approximately US$ 10.4 million), Ps. 0.2441 per Certificado Bursátil Fiduciario Inmobiliario ("CBFI") (approximately US$ 0.0164 per CBFI) related to the results of the quarter ending December 31, 2014.

The distribution is payable on March 2, 2015 to CBFI holders with an ex-dividend date of February 25, 2015 and a record date of February 27, 2015.

FIBRA Prologis declared distributions, as return of capital, of Ps. 385.0 million (approximately US$27.5 million), Ps. 0.6088 per Certificado Bursátil Fiduciario Inmobiliario ("CBFI") (approximately US$ 0.0435 per CBFI), related to the results of the period ending December 31, 2014.

ABOUT FIBRA PROLOGIS

FIBRA Prologis is the leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2014, FIBRA Prologis was comprised of 184 strategically-located logistics and manufacturing facilities in six industrial markets in Mexico totaling 31.4 million square feet (2.9 million square meters) of gross leasable area.

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management's beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust ("FIBRA") status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the "Comisión Nacional Bancaria y de Valores" and the Mexican Stock Exchange by FIBRA Prologis under the heading "Risk Factors." FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

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SOURCE FIBRA Prologis