Alejandra Obregón Martínez's questions to Vesta Real Estate Corporation, S.A.B. de C.V. (VTMX) leadership • Q2 2025
Question
Alejandra Obregón Martínez of Morgan Stanley asked about Vesta's priorities for its regional footprint and which markets have the most room for new starts, considering its land bank.
Answer
CEO Lorenzo Dominique Berho Carranza emphasized that the immediate priority is leasing up existing vacant space in markets like Monterrey, Ciudad Juarez, Queretaro, and Tijuana, as this has a direct impact on revenue. Looking forward, he identified Mexico City and Guadalajara, where Vesta recently acquired land, as the markets they currently like the most for future development once the time is right.