Vesta (NYSE: VTMX) closes US$242.5M global follow-on share offering

Rhea-AI Filing Summary

Corporación Inmobiliaria Vesta completed a global follow-on offering of 1,199,285 ADS at US$34.62 each and 58,054,784 common shares at Ps.$59.50 each. The combined gross proceeds were about US$242.5 million, which Vesta plans to use to fund its growth strategy.

The international underwriters also received a 30-day option to buy up to 10,507,140 additional common shares represented by ADSs on the same terms. Vesta describes itself as an industrial real estate owner and developer in Mexico, with 231 properties totaling 43.0 million square feet of gross leasable area as of March 31, 2026.

Insights

Equity capital markets analyst

Vesta raises about US$242.5M in fresh equity to support growth.

Vesta has closed a global follow-on equity offering, selling ADSs in international markets and common shares in Mexico, with gross proceeds of about US$242.5 million. This expands its capital base to support its industrial real estate strategy in Mexico.

The company indicates it will direct net proceeds toward its growth strategy as outlined in its prospectus supplement, which ties the raise to ongoing expansion of its property portfolio. The offering also includes a 30-day option for underwriters to buy up to 10,507,140 additional common shares represented by ADSs.

As of March 31, 2026, Vesta held 231 properties totaling 43.0 million square feet of GLA across key trade and logistics corridors. Subsequent disclosures may detail how the new capital is deployed across developments, acquisitions or other growth initiatives.

Key Figures

ADS offered: 1,199,285 ADS Common shares offered: 58,054,784 shares ADS price: US$34.62 per ADS +5 more

8 metrics

ADS offered 1,199,285 ADS International Offering at US$34.62 per ADS

Common shares offered 58,054,784 shares Mexican Offering at Ps.$59.50 per share

ADS price US$34.62 per ADS International Offering pricing

Gross proceeds US$242.5 million Total from Global Offering

Overallotment option 10,507,140 shares 30-day option for additional common shares via ADSs

Portfolio properties 231 properties Owned as of March 31, 2026

Gross leasable area 43.0 million sf Portfolio GLA as of March 31, 2026

ADS share ratio 10 common shares per ADS ADS to common share equivalence

Key Terms

global offering, American Depositary Shares, shelf registration statement, prospectus supplement, +2 more

6 terms

global offering financial

"announced the closing of its global offering of 1,199,285 American Depositary Shares"

A global offering is when a company sells its shares or other securities to investors in multiple countries at the same time, combining new shares and sometimes existing ones. It matters to investors because it can change how many shares are available, affect the stock’s price and liquidity, and bring in capital or let insiders cash out—much like a concert releasing tickets worldwide at once, expanding the buyer pool and influencing demand and resale value.

American Depositary Shares financial

"global offering of 1,199,285 American Depositary Shares, or ADS, at a price of US$34.62"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

shelf registration statement regulatory

"The Company has filed an automatically effective shelf registration statement (including a prospectus)"

A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.

prospectus supplement regulatory

"Vesta intends to use the net proceeds from the offering to fund its growth strategy, as described in its prospectus supplement."

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

gross proceeds financial

"The gross proceeds were approximately US$242.5 million."

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

Mexican National Securities Registry regulatory

"The underlying common shares are registered in the Mexican National Securities Registry (Registro Nacional de Valores; the “RNV”)"

Offering Details

secondary

Offering

Offering Type secondary

Price Range US$34.62 per ADS; Ps.$59.50 per common share

Use of Proceeds Fund Vesta’s growth strategy as described in the prospectus supplement

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FAQ

What did Corporación Inmobiliaria Vesta (VTMX) announce in this 6-K?

Vesta announced the closing of a global follow-on equity offering. It sold American Depositary Shares in international markets and common shares in Mexico, raising about US$242.5 million in gross proceeds to support its stated growth strategy.

How large was Vesta’s global follow-on offering and at what prices?

The offering included 1,199,285 ADS at US$34.62 per ADS and 58,054,784 common shares at Ps.$59.50 per share. Each ADS represents ten common shares of Vesta, combining international and Mexican tranches into a coordinated global transaction.

How much money did Vesta raise from this follow-on equity offering?

Vesta reports gross proceeds of approximately US$242.5 million from the global offering. This figure reflects combined sales of ADSs in international markets and common shares in Mexico, before deducting expenses and other offering-related costs.

What will Vesta use the follow-on offering proceeds for?

Vesta intends to use the net proceeds to fund its growth strategy, as described in its prospectus supplement. This links the capital raise to ongoing expansion of its industrial real estate portfolio and related development and leasing activities across Mexico.

Did underwriters receive an over-allotment option in Vesta’s offering?

Yes. International underwriters were granted a 30-day option to purchase up to 10,507,140 additional common shares represented by ADSs. Any shares sold under this option will carry the same terms and conditions as the initial ADS portion of the offering.

How large is Vesta’s industrial real estate portfolio after this transaction?

As of March 31, 2026, Vesta owned 231 properties in key Mexican trade and logistics corridors. These assets totaled 43.0 million square feet of gross leasable area, serving clients across automotive, aerospace, retail, high-tech and other industries.

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-41730

Corporación Inmobiliaria Vesta, S.A.B. de C.V.

(Exact name of registrant as specified in its charter)

Paseo de los Tamarindos No. 90,

Torre II, Piso 28, Col. Bosques de las

Lomas

Cuajimalpa, C.P. 05120

Mexico City

United Mexican States

+52 (55) 5950-0070

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F X Form 40-F

TABLE OF CONTENTS

EXHIBIT
99.1	Press release dated May 18, 2026 – Vesta Announces Closing of Follow-On Offering

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

			Corporación Inmobiliaria Vesta, S.A.B. de C.V.
			By:	/s/ Juan Felipe Sottil Achutegui
				Name:	Juan Felipe Sottil Achutegui
				Title:	Chief Financial Officer

Date: May 18, 2026

Exhibit 99.1

Vesta Announces Closing of Follow-On Offering

Mexico City, Mexico, May 18, 2026 – Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (NYSE: VTMX; BMV: VESTA), a fully-integrated, internally managed real estate company that owns, manages, develops and leases industrial properties in Mexico, today announced the closing of its global offering of 1,199,285 American Depositary Shares, or ADS, at a price of US$34.62 per ADS in the United States (the “International Offering”) and 58,054,784 common shares at a price of Ps.$59.50 per common share in Mexico (the “Mexican Offering”, and together with the International Offering, the “Global Offering”). Each ADS represents 10 common shares of Vesta. The underlying common shares are registered in the Mexican National Securities Registry (Registro Nacional de Valores; the “RNV”), which is maintained by the Mexican National Banking and Securities Commission (Comision Nacional Bancaria y de Valores; the “CNBV”).

The international underwriters have been granted a 30-day option to purchase up to 10,507,140 additional common shares represented by ADSs. Any common shares represented by ADSs sold under the option will be sold on the same terms and conditions as the initial common shares represented by ADSs, that are the subject of the International Offering.

The gross proceeds were approximately US$242.5 million. Vesta intends to use the net proceeds from the offering to fund its growth strategy, as described in its prospectus supplement.

Barclays, J.P. Morgan and Morgan Stanley are acting as joint global coordinators of this offering. BofA Securities, BTG Pactual and Santander are acting as joint book-runners.

The International Offering in the United States and elsewhere (outside Mexico) was made only by means of a prospectus and a prospectus supplement. Copies of the prospectus supplement related to the offering may be obtained from: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (or by email at barclaysprospectus@broadridge.com or telephone at 1-888-603-5847); J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com); or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014 (or by email to: prospectus@morganstanley.com).  The Mexican Offering was conducted pursuant to a preliminary prospectus and a final prospectus publicly available at the sites of the CNBV and the Mexican Stock Exchange.

The Company has filed an automatically effective shelf registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (“SEC”) for the offering to which this communication relates and has received an approval from CNBV to conduct a public offering in Mexico. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

The ADSs have not been and will not be registered with the RNV, maintained by the CNBV, and may not be offered or sold publicly in Mexico. The common shares underlying the ADSs have been registered with the RNV; registration of the common shares with the RNV does not imply any certification as to the investment quality of the common shares underlying the ADSs, our solvency, liquidity, credit quality or the accuracy or completeness of the information contained herein, and does not ratify or validate any actions or omissions, if any, undertaken in contravention of applicable law.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers,

solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About Vesta

Vesta is a real estate owner, developer and asset manager of industrial buildings and distribution centers in Mexico. As of March 31, 2026, Vesta owned 231 properties located throughout Mexico’s key trade, logistics corridors with the U.S., manufacturing centers and urban areas, totaling a GLA of 43.0 million sf (4.0 million m²). Vesta has several world-class clients participating in a variety of industries such as automotive, aerospace, retail, high-tech, pharmaceuticals, electronics, food and beverage and packaging.

Investor Relations in Mexico:

Juan Sottil, CFO
jsottil@vesta.com.mx

Tel: +52 55 5950-0070 ext.133

Fernanda Bettinger, IRO

mfbettinger@vesta.com.mx

investor.relations@vesta.com.mx

Tel: +52 55 5950-0070 ext.163

In New York:

Barbara Cano

barbara@inspirgroup.com

Tel: +1 646 452 2334

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 10.5 KB