We aim to consolidate a leading industrial platform that offers exceptional experiences to all who rely on us.
Portfolio metrics
At year-end, our total revenues stood at US $214.5 million, a 20.5% increase over 2022. The adjusted NOI margin and adjusted EBITDA margin were 94.6% and 82.0%, respectively, both exceeding guidance. Over the course of 2023, we invested over US $263 million in innovative and top-tier projects.
We closed the year with 7 buildings certified by LEED, 15 buildings by EDGE, and 3 by BOMA, equivalent to 1,569,884 square feet, 3,189,592 square feet and 685,664 square feet of GLA, respectively, which puts us on track to achieve our goals relating to the sustainable bond that we issued in early 2021.
Since July 5th, Vesta is listed on the New York Stock Exchange (NYSE) under the ticker symbol VTMX.
We are the first Mexican real estate company to be listed on US markets.
We are the first company since 2019 to issue an IPO as a business domiciled in Mexico.