We are a publicly traded Mexican company that operates, leases, sells, and purchases portfolios of industrial buildings for manufacturing, logistics and e-commerce at strategic locations in Mexico.
Our world class real estate portfolio facilitates sustainable development for our clients and the industries we serve because of their quality, strategic location and reputation for service.
We innovate Mexico’s industrial platform.
This is our purpose and our reason for being.
Mission
Our mission is to be a company of excellence, supported by an enterprising team. We create efficient, sustainable real estate solutions.
Vision
Developing sustainable industrial real estate is our vision. We are dedicated to the progress of humanity.
11 industrial
buildings under development
214 industrial
buildings in operation
187 clients
12 industrial
sectors served
16 states
of Mexico where Vesta is present
11 social
investment initiatives
ESG Initiatives
Green certifications achieved in 2023
5,445,139 square feet of GLA*
Green certifications to date 2013-2023
10,413,147 square feet of GLA**
*The total surface area of 7 LEED-certified buildings (1,569,884 square feet), 15 EDGE-certified buildings (3,189,592 square feet) and 3 BOMA-certified buildings (685,664 square feet), a total of 25 buildings.
**Includes all green certifications for properties as of the close of 2023.
Percentage of GLA by region
Percentage of buildings by region
Portfolio by industry
59%
2022
.
60%
2023
41%
2022
.
40%
2023
Manufacturing
Logistics
12 industries
served
34,876,082 square feet
of GLA occupied
75.6%
client retention rate
2,478,412 square feet
of GLA vacant
Every year for the past 12 years, we have conducted a Client Satisfaction Survey learning that 95% of clients would renew their lease agreements with Vesta. Furthermore, we achieved a Net Promoter Score (NPS) of 72, which is 5 points better than in 2022.
In 2023, we carried out ESG supplier audits on 50 new suppliers. This process seeks to ensure applicable regulatory compliance in environmental, social and labor matters, in order to reduce risks, operating costs and negative impacts.
To find out the opinion of our suppliers regarding our relationship and attention, as we have done for 8 years, we applied the Supplier Satisfaction Survey to identify areas for improvement. An increase in the general satisfaction percentage of suppliers of 4 percentage points stands out, reaching 91% for this year.
