Corporación Inmobiliaria Vesta S.A.B. (VESTF)
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Corporacion Inmobiliaria Vesta: A Pure Play On The Nearshoring Trend
Despite political uncertainties, the nearshoring trend remains strong, benefiting companies like Corporacion Inmobiliaria Vesta, which focuses on logistics and warehouses. Nearshoring offers significant advantages, including reduced shipping times and lower labor costs compared to China, enhancing Mexico's appeal for US companies. Vesta has had growing and predictable income and has invested in projects below the company's cost of capital.
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Q2 2024 Earnings Call Transcript
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX ) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants Mariana Dominguez - IRO Lorenzo Berho - CEO Juan Sottil - CFO Conference Call Participants Pablo Ricalde - Santander Gordon Lee - BTG Alejandra Obregon - Morgan Stanley Rodolfo Ramos - Bradesco BBI Jorel Guilloty - Goldman Sachs Isabela Salazar - GBM Andre Mazini - Citigroup Andres Aguirre - GBM Natalia Leo - JPMorgan Operator Greetings, ladies and gentlemen.
