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Fitch Ratings upgraded Corporación Inmobiliaria Vesta’s long-term foreign- and local-currency issuer credit rating to…
VTMXVesta Real Estate Corporation, S.A.B. de C.V.
Fitch Ratings upgraded Corporación Inmobiliaria Vesta’s long-term foreign- and local-currency issuer credit rating to ‘BBB’ from ‘BBB-’, maintaining a stable outlook. The upgrade, effective August 31, 2026, reflects the company's strong financial profile, solid profitability, prudent capital structure, adequate liquidity, and fully unencumbered portfolio of industrial properties in Mexico. This follows a recent similar upgrade by S&P Global Ratings, signaling broad agency recognition of Vesta’s investment-grade quality. The improved rating is expected to strengthen access to capital and reinforce financial flexibility for executing the company's Route 2030 growth strategy. Corporación Inmobiliaria Vesta operates as an integrated real estate company that owns, manages, develops, and leases industrial properties in Mexico.