real estate trust certificates (CBFIs)
Search documents
FIBRA Prologis Announces that Terrafina Obtained CNBV Authorization for the Cancellation of the Registration of its CBFIs in the National Securities Registry
Prnewswire· 2026-02-19 23:24
Core Viewpoint - FIBRA Prologis announces that its subsidiary Terrafina has received authorization from the CNBV for the cancellation of its CBFIs registration in the National Securities Registry, leading to the delisting of these certificates from the Mexican Stock Exchange [1] Group 1: Authorization and Delisting - Terrafina received official notice from the CNBV on February 18, 2026, authorizing the cancellation of its CBFIs registration in the RNV [1] - The decision was based on resolutions from a CBFI holders' meeting held on December 1, 2025, where the cancellation was approved [1] - Following this authorization, Terrafina has delisted its CBFIs from the BMV, ceasing their listing and trading [1] Group 2: Tender Offer and Payment Trust - FIBRA Prologis previously conducted a tender offer for the acquisition of Terrafina's CBFIs, which concluded on November 12, 2025 [1] - On February 16, 2026, FIBRA Prologis established a payment trust to facilitate the sale of Terrafina's CBFIs for holders who did not participate in the tender offer, allowing them to sell at the same price of MXN$42.5 per CBFI for six months [1] Group 3: Company Profile - FIBRA Prologis is a leading owner and operator of Class A industrial real estate in Mexico, with a portfolio of 515 investment properties totaling 87.0 million square feet (8.1 million square meters) as of September 30, 2025 [1] - The portfolio includes 348 logistics and manufacturing facilities in primary industrial markets, comprising 65.7 million square feet (6.1 million square meters) of Gross Leasable Area (GLA) [1] - Additionally, it holds 167 buildings totaling 21.3 million square feet (2.0 million square meters) of non-strategic assets in other markets [1]