Vesta Real Estate Corporation, S.a.b. de C.v. VTMX

What this company does

Corporación Inmobiliaria Vesta is an internally managed real estate company that owns, manages, develops, and leases industrial properties in Mexico. It focuses on a single real estate segment comprised of industrial parks and industrial buildings in Mexico. As of December 31, 2025, its portfolio was comprised of 231 buildings with a total GLA of 42,954,022 square feet (3,990,559 square meters), and a stabilized occupancy rate of 93.6%. Its facilities are located in the Northwest, Northeast, Bajío-North, Bajío-South and Central regions of Mexico. As of December 31, 2025, it had 181 tenants, with 89.6% of its rents denominated in U.S. dollars and a weighted average remaining lease term of 4.8 years. Mercado Libre is its only client that occupies more than 5% of its total GLA, accounting for 5.6%. It was organized and commenced operations on July 18, 1996 as a Mexican limited liability variable capital company, and founded Corporación Inmobiliaria Vesta in 1998.

Written from the business description in Vesta Real Estate Corporation, S.A.B. de C.V.'s annual report to the U.S. Securities and Exchange Commission, filed 17 March 2026. Every sentence was checked against that document before publication.