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Corporacion Inmobiliaria Vesta, S.A.B de C.V., American Depositary Shares, each representing ten (10) Common Shares - $VTMX STOCK NEWS

Welcome to our dedicated page for Corporacion Inmobiliaria Vesta, S.A.B de C.V., American Depositary Shares, each representing ten (10) Common Shares news (Ticker: $VTMX), a resource for investors and traders seeking the latest updates and insights on Corporacion Inmobiliaria Vesta, S.A.B de C.V., American Depositary Shares, each representing ten (10) Common Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Corporacion Inmobiliaria Vesta, S.A.B de C.V., American Depositary Shares, each representing ten (10) Common Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Corporacion Inmobiliaria Vesta, S.A.B de C.V., American Depositary Shares, each representing ten (10) Common Shares's position in the market.

News
Corporación Inmobiliaria Vesta Reports First Quarter 2024 Earnings Results
Rhea-AI Summary
Corporación Inmobiliaria Vesta reported strong financial results for Q1 2024, with total income reaching US$60.6 million, a 21.3% increase year over year. Adjusted NOI margin and EBITDA margin were 96.0% and 84.7% respectively. Vesta's FFO increased by 32.4% to US$40.4 million. Leasing activity reached 2.0 million sf, and total portfolio occupancy stood at 94.0%. Vesta achieved 28% of its ESG Bond KPIs ahead of schedule. The company sold a non-strategic land lease property for US$780,000. Financial indicators showed positive growth in revenue, NOI, EBITDA, and FFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
earnings
-
News
Vesta Announces the Filing of Its Annual Report on Form 20-F for Fiscal Year 2023
Rhea-AI Summary
Vesta, a real estate company, has filed its annual report on Form 20-F for the fiscal year 2023. The report was submitted to the SEC on April 19, 2024, and includes audited financial statements. Shareholders can access the report online or request a hard copy for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
Tags
earnings
-
News
Vesta Announces First Quarter 2024 Earnings Conference Call and Webcast
Rhea-AI Summary
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) announced the release of their first quarter 2024 financial results on April 25, 2024, followed by a conference call on April 26, 2024. The call will be held at 11:00 a.m. Eastern Time to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
earnings
News
Corporación Inmobiliaria Vesta Reports Fourth Quarter 2023 Earnings Results
Rhea-AI Summary
Corporación Inmobiliaria Vesta S.A.B. de C.V. (NYSE: VTMX) reported exceptional financial results for Q4 2023, with a total income of US$ 214.5 million, a 20.5% YoY increase. The company achieved a strong leasing activity, with 7.9 million sf leased in 2023. Vesta's FFO reached US$ 127.9 million, a 23.6% increase from 2022. The company's total portfolio occupancy was 93.4% in Q4 2023. Vesta completed a US$ 148.8 million follow-on ADS offering and acquired a 81 thousand sf facility in Toluca. Vesta also sold a building in Tijuana for US$ 37.0 million. The company strengthened its social and environmental strategies, achieving various milestones. Vesta expects revenues to increase by 16-17% in 2024, with a 94.0% NOI margin and an 83.0% EBITDA margin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
earnings
-
News
CORRECTING and REPLACING Corporación Inmobiliaria Vesta Reports Fourth Quarter 2023 Earnings Results
Rhea-AI Summary
Corporación Inmobiliaria Vesta reported strong financial results for Q4 2023, achieving total income of US$ 214.5 million, a 20.5% year-over-year increase. Vesta also saw improvements in Adjusted NOI margin, Adjusted EBITDA margin, and FFO. The company had successful leasing activity, portfolio occupancy, and construction progress. Vesta completed a follow-on ADS offering and acquired a new facility in Toluca while selling a building in Tijuana. The company focused on social and environmental initiatives, achieving recognition for sustainability efforts. Vesta expects revenue growth of 16-17% in 2024 with strong margins.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
earnings
-
News
Vesta Announces Changes for its Fourth Quarter 2023 Earnings Conference Call and Webcast
Rhea-AI Summary
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) has rescheduled the release of its fourth quarter 2023 financial results to Thursday, February 22, 2024. The conference call will be held at 10:00 a.m. Eastern Time and will be accessible via webcast or phone. The financial results will be disclosed after the market closes on Wednesday, February 21, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
Tags
earnings
News
Vesta Announces Fourth Quarter 2023 Earnings Conference Call and Webcast
Rhea-AI Summary
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) announced the release of its fourth quarter 2023 financial results on February 14, 2024, followed by a conference call on February 15, 2024, to discuss the results. The call will be available via webcast or dial-in, with a telephonic replay accessible for one week after the call's completion. The company's earnings press release, financial tables, and slide presentation will also be available on Vesta's IR website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
earnings
-
News
Vesta Announces Pricing of Follow-On Offering of US$ 148.8 Million (Gross Proceeds) of ADSs
Rhea-AI Summary
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (Vesta) (NYSE: VTMX) has priced its underwritten public offering of 4,250,000 American Depositary Shares, or ADSs, representing 42,500,000 of its common shares, at a price of US$ 35.00 per ADS. The net proceeds from the offering will be used to fund its growth strategy, as described in its registration statement on Form F-1. Barclays, BofA Securities, and Morgan Stanley are acting as global coordinators of this offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
none
-
News
Vesta Announces Proposed Follow-On Offering
Rhea-AI Summary
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (Vesta) (NYSE: VTMX) announced the commencement of an underwritten public offering of 4,000,000 American Depositary Shares (ADS), representing 40,000,000 of its common shares, with Barclays, BofA Securities, and Morgan Stanley acting as global coordinators.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
none
News
Corporación Inmobiliaria Vesta Reports Third Quarter 2023 Earnings Results
Rhea-AI Summary
Vesta announces Q3 2023 results, showing growth in construction, leasing activity, and revenue
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.22%
Tags
earnings
Stock VTMX logo
Corporacion Inmobiliaria Vesta, S.A.B de C.V., American Depositary Shares, each representing ten (10) Common Shares

NYSE:VTMX

VTMX Rankings

#1543 Ranked by Market Cap
#2162 Ranked by Stock Gains
#1998 Ranked by Dividends

VTMX Stock Data

3.10B
767.24M
19.43%
0.67%
Real Estate - Development
Real Estate
Link
United States of America
Mexico D F