Added to YB: 2025-01-29
Pitch date: 2024-12-31
VTMX [bullish]
Corporación Inmobiliaria Vesta, S.A.B. de C.V.
+24.54%
current return
Author Info
No bio for this author
Company Info
Corporación Inmobiliaria Vesta, S.A.B. de C.V., together with its subsidiaries, acquires, develops, manages, operates, and leases industrial buildings and distribution facilities in Mexico.
Market Cap
MXN 2.5B
Pitch Price
MXN 25.10
Price Target
N/A
Dividend
2.44%
EV/EBITDA
15.99
P/E
46.40
EV/Sales
12.27
Sector
Real Estate Management and Development
Category
growth
Third Avenue International Real Estate Value Fund Portfolio Holding: Corporación Inmobiliaria Vesta
VTMX: Mexican industrial RE developer targeting 10% annual earnings growth over 5 years. Driven by rising rents, occupancy, and nearshoring-fueled development. Crucial for US reshoring due to low labor costs, skilled workforce, and integrated supply chains. Some tariff uncertainty remains.
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