- Business
- Fibra Danhos (Ticker: DANHOS13.MX, GRFFF) operates as a Mexican real estate investment trust primarily focused on developing, owning, leasing, operating, and acquiring iconic, premier-quality commercial real estate assets, including shopping centers such as Parque Delta, Parque Tezontle, Parque Las Antenas, Parque Lindavista, Parque Vía Vallejo, Parque Puebla, Parque Tepeyac, and Toreo Centro Retail; office properties including Torre Virreyes and Toreo Offices; mixed-use developments like Reforma 222 and Parque Alameda; hotels such as Toreo Hotel and Puebla Hotel; and industrial parks like Parque Industrial Danhos Cuautitlán I (Phase I delivered in September 2024 with 103,190 square meters GLA) and Parque Industrial Danhos Palomas (Phase I under construction at 52,000 square meters, pre-leased to a major self-service retail chain). The trust, founded in 1976 as part of Grupo Danhos and headquartered at Monte Pelvoux 220, Piso 7, Lomas de Chapultepec, Mexico City, concentrates operations in the Mexico City Metropolitan Area, Puebla, Yucatan, and expanding into high-growth regions like the CTT logistics corridor and Oaxaca, targeting middle-class consumers, logistics providers, and high-end tourism with a portfolio emphasizing sustainability (21.8% LEED certified, solar panels generating 20% of energy) and serving diversified tenants across retail (clothing, entertainment, department stores), offices, and industrial users. Recent developments include the completion and delivery of Parque Industrial Danhos Cuautitlán I Phase I in 2024, announcement of Danhos Industrial EdoMex III (400,000 square meters GLA in two phases via 50% joint venture), progress on Parque Industrial Danhos Palomas and a new retail center in Oaxaca City with strong tenant demand, advancement of The Ritz-Carlton Cancún Punta Nizuc in partnership with Marriott International, FibraHotel, and Beyond Ventures, renegotiation of a Ps. 3.5 billion green revolving credit facility maturing April 2029, and maintenance of AAA(mex) ratings from HR Ratings and Fitch with stable outlook amid 12.2% leverage.