Valentina MacKillan's questions to Vesta Real Estate Corporation, S.A.B. de C.V. (VTMX) leadership • Q2 2025
Question
An analyst from GBM asked for color on the expected financial impact from projects delivering in August and whether pressure on operating costs would continue in the second half of the year.
Answer
CEO Lorenzo Dominique Berho Carranza stated that projects under construction in Queretaro and Monterrey will be delivered in the next half, with an expected lease-up period of three to twelve months. CFO Juan Felipe Sottil Achutegui addressed costs, noting the company has been successful in controlling them and will maintain that discipline to meet its full-year EBITDA guidance, expressing comfort with the company's cost structure.