Corporación Inmobiliaria Vesta reported strong Q1 2026 results, with total revenues rising 14.4% year over year to US$ 76.7 million and rental revenues reaching US$ 74.0 million.
Adjusted NOI grew 13.4% to US$ 70.4 million with a 95.1% margin, while Adjusted EBITDA increased 12.4% to US$ 62.1 million and an 83.9% margin, reflecting higher operating costs and administrative expenses. Profit for the period surged to US$ 101.0 million, driven mainly by a US$ 53.4 million gain on revaluation of investment properties and a favorable tax impact.
Leasing activity remained robust at 1.6 million square feet, supporting total portfolio occupancy of 89.7% and same-store occupancy of 95.0%. The investment property portfolio reached US$ 4.2 billion, while total debt stood at US$ 1,175.7 million, all long term. Vesta FFO declined 4.1% to US$ 43.1 million, although Vesta FFO after tax increased to US$ 37.9 million. Shareholders approved a US$ 74.8 million 2026 dividend, with US$ 18.7 million to be paid for Q1 2026.
Vesta Real Estate Corporation, S.A.B. de C.V. director Lorenzo Manuel Berho Corona filed an initial ownership report showing substantial holdings of the company’s ordinary shares. This Form 3 does not report new trades but establishes his starting ownership position as an insider.
He reports direct ownership of 22,374,883 ordinary shares and indirect ownership of 183,729 ordinary shares. According to a footnote, the indirect shares are held by the reporting person’s family members, clarifying that part of his disclosed stake is through related holders.
Corporación Inmobiliaria Vesta, S.A.B. de C.V. is calling shareholders to a General Ordinary and Extraordinary Shareholders Meeting on April 22, 2026, at 10:00 a.m. at its corporate offices in Mexico City.
Only holders registered in the company’s share registry or evidenced through S.D. Indeval certificates with the corresponding depositors’ list may attend or be represented. Shareholders may grant powers of attorney, but board members cannot act as proxies. Share certificates or deposit certificates must be delivered at the company’s offices from the publication date of the call until two business days before the meetings, during specified business hours, to obtain admission cards. Related information and documentation are available to shareholders and custodians at the company’s address free of charge.
Vesta Real Estate Corporation, S.A.B. de C.V. filed an initial insider ownership report for director Lorente Ludlow Enrique Carlos. This Form 3 serves as his first disclosure as an insider of the company. The filing does not report any transactions or derivative positions.
Vesta Real Estate Corporation, S.A.B. de C.V. filed an initial ownership report for its Chief Executive Officer, Lorenzo Dominique Berho Carranza4,143,199 Ordinary Shares
Vesta Real Estate Corporation, S.A.B. de C.V. insider Luis Felipe Cepeda Mayorga, a senior manager for capital projects in the Bajio-S region, reported his initial holdings on a Form 3. He directly owns 8,366 Ordinary Shares of VTMX after the reported position, with no specific buy or sell transaction disclosed.
Vesta Real Estate Corporation, S.A.B. de C.V. director Oscar Francisco Cazares Elias has filed an initial ownership report on Form 3. The filing shows direct ownership of 13,223 Ordinary Shares of Vesta following the reported position, with no specific buy or sell transaction detailed.
Vesta Real Estate Corporation, S.A.B. de C.V. director Luis de la Calle has filed an initial insider ownership report. The Form 3 filing shows he directly holds 5,746 ordinary shares of the company following the reported position, with no specific buy or sell transaction detailed.
Vesta Real Estate Corporation, S.A.B. de C.V. executive Juan Carlos Cueto Riestra, VP New Business – Central Region, has filed an initial ownership report on Ordinary Shares. The filing shows he directly holds 74,017 Ordinary Shares of the company after the reported holdings.
Vesta Real Estate Corporation, S.A.B. de C.V. director Stephen B. Williams filed a Form 3 reporting his initial ownership in the company. The filing shows direct holdings of American Depository Shares, which represent 230,000 underlying Ordinary Shares, and an additional 12,220 Ordinary Shares held directly.
The entry is classified as a holdings report with no buy or sell transactions indicated, so it mainly establishes Williams’ equity position in Vesta at this point in time rather than signaling new trading activity.