Financial Data and Key Metrics Changes - Total revenue for 2023 increased by more than 20% to $214.5 million, with adjusted NOI and adjusted EBITDA margins of 94.6% and 82% respectively [23][31] - Fourth quarter total revenue rose 17.9% to $55.9 million, driven by new leases and inflationary adjustments [33] - Adjusted net operating income for Q4 increased 19.4% to $53 million, with a margin expansion of 220 basis points to 98.1% [34] - Funds from operations (FFO) for 2023 reached $127.9 million, a 23.6% year-on-year increase [23] Business Line Data and Key Metrics Changes - Leasing activity reached a record high of 2.7 million square feet in Q4, with 1.7 million square feet from new contracts and 1 million square feet from lease renewals [11][22] - The total development pipeline at the end of Q4 was 3.1 million square feet, with expected investments of $267.1 million [14] - Same-store NOI grew by 9.5% during the quarter, with leasing spreads averaging 6.5% [22][61] Market Data and Key Metrics Changes - Total portfolio occupancy for Q4 was 93.4%, with stabilized and same-store occupancy at 96.7% and 97% respectively [14] - The Bajio region is experiencing strong demand, with decreasing vacancy rates and increasing absorption [70][72] - Tijuana properties are not energy constrained, providing a competitive advantage in a constrained market [16][17] Company Strategy and Development Direction - The company aims to reach nearly 50 million square feet by 2025 as part of its level three growth plan [13] - Vesta focuses on maintaining high-quality assets and strong tenant relationships, which has led to significant expansions with clients like Foxconn and Tesla [9][10] - The company is committed to disciplined capital allocation and opportunistic acquisitions, emphasizing asset recycling as a key strategy [18][86] Management's Comments on Operating Environment and Future Outlook - Management anticipates continued strong demand despite potential election-related uncertainties, with a focus on long-term investments [25][78] - The company expects revenue growth of 16% to 17% in 2024, with a target NOI margin of 94% and EBITDA margin of 83% [38] - Management believes that volatility in the market presents opportunities for growth and investment [26] Other Important Information - The company completed an acquisition of 81,000 square feet in Toluca at an estimated cap rate of 8.5% [13] - Cash and equivalents increased to $501 million, reflecting funds raised from recent IPO activities [36] - A cash dividend of $0.29 per ordinary share was paid for Q4 [37] Q&A Session Summary Question: Guidance on revenue growth deceleration - Management clarified that the guidance reflects sustainable growth and is not indicative of a slowdown, with continued strong rental growth expected [39][40] Question: Leasing dynamics in Monterrey - Management noted that occupancy in Monterrey is affected by ongoing developments, with plans for construction to increase footprint [43] Question: Increase in greenfield costs - Management explained that rising costs are due to market entry and construction material inflation, but these are offset by increased rental rates [46][48] Question: Land bank acquisition plans - Management confirmed plans to acquire land in strategic markets, focusing on Tijuana, Ciudad Juárez, and Mexico City [50] Question: Impact of elections on leasing decisions - Management does not foresee any slowdown in leasing decisions due to elections, citing strong demand and long-term commitments from clients [76][78] Question: Details on new contracts in Bajio - Management confirmed that new leases with Tesla and Foxconn are dollar-denominated and structured with long-term terms [90]

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on December 5, 2023. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Corporación Inmobiliaria Vesta, S.A.B. de C.V. (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Paseo de los Tamarindos No. 90, Torre II, Piso 28, Col. Bosques de las Lomas Cuajimalpa, C.P. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 Yes No X TABLE OF CONTENTS EXHIBIT 99.1 Press release dated June 30, 2023 – Vesta Announces Lifting of Suspension of Trading on the BMV For the month of June 2023 Commission File Number: 001-41730 Corporación Inmobiliaria Vesta, S.A.B. de C.V. (Exact name of registrant as specified in its charter) Paseo de los Tamarindos ...

TABLE OF CONTENTS Registration No. 333-272532 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Corporación Inmobiliaria Vesta, S.A.B. de C.V. (Exact name of Registrant as specified in its charter) Vesta Real Estate Corporation (Translation of Registrant's name into English) As filed with the U.S. Securities and Exchange Commission on June 26, 2023. United Mexican States (State or other jurisdiction of ...

As filed with the U.S. Securities and Exchange Commission on June 16, 2023. Registration No. 333-272532 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to None (I.R.S. Employer Identification No.) Paseo de los Tamarindos No. 90, Torre II, Piso 28, Col. Bosques de las Lomas Cuajimalpa, C.P. 05210 Mexico City United Mexican States +52 (55) 5950-0070 (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices) Form ...

TABLE OF CONTENTS As filed with the U.S. Securities and Exchange Commission on June 8, 2023. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Corporación Inmobiliaria Vesta, S.A.B. de C.V. (Exact name of Registrant as specified in its charter) Vesta Real Estate Corporation (Translation of Registrant's name into English) United Mexican States (State or other jurisdiction of incorporation or organizat ...