TF Administradora S. de R.L. de C.V. (CBAOF)

Overview

Terrafina (BMV:TERRA13) is a distinguished Mexican real estate investment trust (REIT) that focuses primarily on the acquisition, development, leasing, and management of industrial real estate properties within Mexico. The company prides itself on a strategic portfolio comprising warehouses and light manufacturing facilities strategically located across the Central, Bajío, and Northern regions of Mexico. Governed by an internal management team of industry experts and benefiting from the external advisory of PGIM Real Estate, Terrafina stands out in the market. Owning a total of 291 real estate properties, which include 287 developed industrial facilities and 4 land reserve parcels, the company boasts a cumulative gross leasable area (GLA) of approximately 42.8 million square feet. These assets underscore Terrafina's commitment to providing its certificate holders with attractive risk-adjusted returns through consistent distributions and capital appreciation. The REIT is firmly positioned to meet its objectives by maintaining a robust performance of its industrial estate and complementary properties, pursuing strategic acquisitions, leveraging institutional support, and implementing an effective management and corporate governance structure.

Products and Services

The offerings of Terrafina can be classified into several key categories within the industrial real estate sector:

• Industrial Facilities Leasing

  At the core of Terrafina's portfolio are its 287 developed industrial facilities, which encompass a wide range of warehousing and light manufacturing spaces. These properties are strategically located to serve various sectors and are designed to meet the diverse needs of its tenants, supporting activities from logistics and distribution to manufacturing and assembly operations.

• Development of Industrial Real Estate

  Terrafina also engages in the development of industrial real estates, focusing on constructing new properties that adhere to modern specifications and sustainability standards. This not only enhances their existing portfolio but also addresses the growing demand for high-quality industrial spaces in Mexico.

• Management and Lease of Industrial Properties

  With an expert internal management team, Terrafina offers comprehensive property management and leasing services. Their approach ensures that properties are maintained to the highest standards, thereby attracting and retaining tenants while optimizing occupancy rates and rental yields.

• Strategic Acquisitions

  Terrafina continually seeks to expand its portfolio through strategic acquisitions that align with its growth objectives. By identifying and integrating attractive, strategically located properties, the REIT is able to sustain its development momentum and strengthen its market presence.

• Land Reserve Management

  The inclusion of 4 land reserve parcels in its portfolio underscores Terrafina's commitment to organic growth. These parcels are earmarked for future development projects that will enable the REIT to respond swiftly to market demands and tenant needs.