Valentina MacKillan's questions to Vesta Real Estate Corporation SAB de CV (VTMX) leadership • Q2 2025
Question
Valentina MacKillan from GBM asked for more color on the expected leasing activity for projects delivering in August and whether the pressure on operating costs from taxes and insurance would continue in the second half of the year.
Answer
CEO Lorenzo Dominique Berho Carranza stated that projects delivering in Queretaro and Monterrey have an expected lease-up timeline of three to twelve months. CFO Juan Felipe Sottil Achutegui added that the company successfully controlled costs in the first half and will maintain that discipline to meet its full-year EBITDA guidance, expressing comfort with the current cost structure.