Fibra UNO
FUNO11.MX
Mexican Stock Exchange29.63
MXN
+0.94
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Fibra UNO
FUNO11.MX
(Mexican Stock Exchange)
Recent
price
29.63
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Fibra Uno Administracion SA de CV (FUNO11.MX) operates as Mexico's first and largest real estate investment trust (REIT), or FIBRA, primarily engaged in the acquisition, development, construction, leasing, and operation of a diversified portfolio of industrial, commercial, retail, office, and other properties including hospitals, hotels, and educational facilities. The company owns and manages over 600 high-quality properties totaling approximately 11 million square meters of gross leasable area, strategically located across all states in Mexico with emphasis on key regions such as Jalisco, Guerrero, Hidalgo, and Guanajuato; its portfolio features prime locations diversified by segments, tenants, and geographies to maximize capital appreciation and stable cash flows from rental revenues, maintenance, dividends on beneficiary rights, and administration fees. Founded through its initial public offering on March 18, 2011, and headquartered in Mexico City, Fibra Uno targets institutional and retail investors seeking exposure to Mexico's commercial real estate market, positioning itself as the largest publicly traded real estate entity in Latin America by number of properties, annual revenue, and market capitalization. Fibra Uno's core offerings encompass industrial warehouses and logistics centers leased to manufacturing and distribution tenants; retail and commercial spaces including shopping centers, big-box stores, and neighborhood plazas occupied by major retailers; modern office buildings in urban business districts; and specialized assets such as hospitals, hotels, and educational institutions, all developed or acquired to prioritize location quality, competitive pricing, and long-term occupancy resilience throughout real estate cycles. The company maintains a solid financial structure with moderate leverage, high occupancy rates around 95%, and consistent net operating income margins exceeding 82%, supported by strong renewal spreads such as over 1,000 basis points in USD-denominated industrial and retail contracts. In recent developments, Fibra Uno completed the transfer of 182 industrial properties valued at approximately Ps. 117 billion to its affiliate Fibra Next in a strategic joint venture approved by Mexican antitrust authorities, enabling focused industrial sector growth while optimizing overall portfolio management; this contributed to Fibra Next raising nearly $400 million in a downsized share sale. The company issued USD 800 million in senior sustainability-linked notes in January 2025, comprising USD 500 million at 7.700% due 2032 and USD 300 million at 8.250% due 2037, to fund sustainable initiatives and strengthen its balance sheet amid favorable market conditions. Additionally, Fibra Uno announced plans to invest Ps. 20 billion over the next two years in new acquisitions and developments, reported robust 3Q25 results with stable revenues of Ps. 7.5 billion, NOI growth, and a quarterly distribution of Ps. 0.6050 per CBFI, alongside land sales like a Ps. 100 million plot in Tamaulipas at a 4.1x multiple over cost. These moves underscore ongoing portfolio expansion, capital market access, and operational efficiency in a stable macroeconomic environment.