Earnings ·
Vesta reported Q2 2026 total rental revenue of US$ 78.5 million, a 16.7% increase year-over-year
VTMXVesta Real Estate Corporation, S.A.B. de C.V.
Vesta reported Q2 2026 total rental revenue of US$ 78.5 million, a 16.7% increase year-over-year. Adjusted NOI rose 15.6% to US$ 71.5 million, and Adjusted EBITDA increased 15.7% to US$ 63.6 million. Vesta FFO grew 6.8% to US$ 46.1 million. Portfolio occupancy improved to 91.7%. The company completed a global offering of ADSs and common shares, generating approximately US$ 269 million in gross proceeds to fund its Route 2030 growth strategy. As of June 30, 2026, the investment property portfolio was valued at US$ 4.3 billion. The company operates in the industrial real estate industry, developing and managing industrial buildings and distribution facilities in Mexico.