Top 3 Markets:

1. Mexico: approx. 70%
2. USA: approx. 20%
3. Canada: approx. 10%

Corporación Inmobiliaria Vesta, S.A.B. de C.V. is a leading company in the industrial real estate development sector in Mexico. The company's revenues mainly come from the rental and sale of industrial properties.

The main sectors from which revenues are generated include manufacturing, logistics and warehousing, and the automotive sector. Mexico is Vesta's largest market, followed by the USA and Canada, which is due to the strategic location and trade relationships within the North American market.

The percentage shares of the markets are estimates based on the latest available data and the typical market distribution in the real estate industry.

Production Sites: Mexico

Corporación Inmobiliaria Vesta, S.A.B. de C.V. is a leading real estate company in Mexico specializing in the development, acquisition, and management of industrial properties. The company does not produce physical products but mainly offers services in real estate development and management. Their real estate projects are located in various strategic regions of Mexico to meet the demand for industrial spaces for manufacturing and logistics companies.

Revenue Growth: Estimated at 8-10% annually (2026, based on industry trends)

Focus on Sustainable Development: Vesta is committed to investing in environmentally friendly real estate projects.

Corporación Inmobiliaria Vesta, S.A.B. de C.V. pursues a growth strategy that is strongly focused on sustainable development and expanding into new markets. The company plans to increase its presence in strategically important regions of Mexico to benefit from the growing demand for industrial real estate.

Another key focus is on implementing environmentally friendly construction practices and utilizing renewable energies in their projects. This is intended not only to reduce operating costs but also to enhance attractiveness for environmentally conscious tenants.

In addition, Vesta is investing in technological innovations to enhance the efficiency of its properties and secure a competitive advantage. This includes the use of smart building technologies that enable better resource utilization.

Main Imported Materials: Steel, Concrete, Glass

Countries of Origin:

• Steel: USA, China
• Concrete: Mexico (local production, but some raw materials are imported)
• Glass: USA, Germany

Corporación Inmobiliaria Vesta, S.A.B. de C.V. is a leading real estate company in Mexico specializing in the development and management of industrial properties. For the construction and maintenance of their real estate projects, Vesta mainly imports materials such as steel, concrete, and glass.

Steel is often imported from the USA and China, as these countries are large producers and offer competitive prices. Concrete is mostly produced locally in Mexico, but certain raw materials for concrete production, such as special additives, can be imported. Glass is sourced from the USA and Germany, as these countries are known for their high-quality glass products required in modern construction projects.

These import strategies allow Vesta to source high-quality materials at competitive prices, which is crucial for the profitability and success of their real estate projects.

Market share in Mexico: 12% (2025, estimate)
EBITDA margin: 65% (2025)
Real estate portfolio growth: 8% (2025)

Corporación Inmobiliaria Vesta, S.A.B. de C.V. has established itself as one of the leading providers in the industrial real estate sector in Mexico. The company's competitive advantage lies in its strong market presence and a diversified real estate portfolio that is continuously growing.

The high EBITDA margin of 65% indicates an efficient cost structure and strong profitability, pointing to effective management and leasing of the properties. Additionally, Vesta benefits from strategic locations in economically significant regions, which increases the demand for its real estate.

Another advantage is the company's ability to quickly respond to market changes and develop new projects, as highlighted by the continuous growth of the real estate portfolio. This positions Vesta well in the competition and enables it to further expand market share.

Institutional Investor Share: Approximately 60% (2026, estimated)

Insider Buys/Sells: No significant transactions in the last year (2025)

The institutional investor share in Corporación Inmobiliaria Vesta, S.A.B. de C.V. is estimated to be around 60%. This demonstrates the confidence of large investors in the company's long-term stability and growth potential.

In 2025, there were no significant insider buys or sells, indicating that the management and insiders have a stable outlook on the company's future development. This can be seen as a positive signal for market participants, as there are no internal doubts about the company's strategy or performance.

Market share of Vesta: Estimate 8% (2026)

Main competitors and their market shares:

1. Fibra Uno (BMV:FUNO): Estimate 20%
2. Prologis Property Mexico (BMV:PLD): Estimate 15%
3. Terrafina (BMV:TERRA): Estimate 12%
4. Fibra Macquarie (BMV:FIBRAMQ): Estimate 10%
5. Corporación Inmobiliaria Vesta (BMV:VESTA): Estimate 8%
6. Fibra Danhos (BMV:DANHOS): Estimate 7%
7. Fibra Shop (BMV:FSHOP): Estimate 5%
8. Fibra Hotel (BMV:FIHO): Estimate 4%

Vesta's economic moat:

Corporación Inmobiliaria Vesta has a moderate economic moat, mainly supported by their specialized expertise in industrial real estate and strategic locations in Mexico. Their ability to secure long-term leases with stable income provides some protection against market fluctuations.

Compared to competitors, Fibra Uno has the strongest economic moat due to having the largest and most diversified portfolio of properties in Mexico. Prologis Property Mexico also benefits from a strong economic moat due to their global presence and extensive logistics solutions.

Vesta must continue to focus on optimizing their properties and expanding their market presence to strengthen their economic moat and better compete with larger players.

Revenue Growth: 8.5% (2025) EBITDA Margin: 72% (2025) Debt-to-Equity Ratio: 45% (2025)

Corporación Inmobiliaria Vesta, S.A.B. de C.V. recorded solid revenue growth of 8.5% in 2025, indicating successful expansion and strong demand for its real estate projects. The high EBITDA margin of 72% shows that the company operates efficiently and maintains strong profitability.

The debt-to-equity ratio of 45% is moderate, indicating that the company has a balanced capital structure that allows it to seize growth opportunities without being excessively leveraged. These factors suggest that Vesta is well positioned to benefit from future market opportunities.

In summary, Vesta could represent an attractive investment opportunity, especially for investors interested in a company with solid financial performance and growth potential. However, it is advisable to consider other factors such as market trends and the overall economic environment before making a final investment decision.

Dividend Yield: 2.5% (2025)

Corporación Inmobiliaria Vesta, S.A.B. de C.V. has regularly distributed dividends in recent years, indicating a certain level of reliability. The dividend yield was last around 2.5%, which can be considered moderate compared to other companies in the real estate industry.

The reliability of dividend payments is supported by the company's stable financial performance. Vesta has proven in the past that it is able to pay dividends even in economically challenging times. Analysts expect that Vesta will continue to pay dividends at a similar level in the coming years, provided that no significant economic or company-specific challenges arise.