Fibra UNO : FUNO® Informs members of its Technical Committee
December 14, 2021 at 12:56 am IST
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FUNO® INFORMS
Mexico City. December 10th, 2021.
Fibra Uno (BMV: FUNO11) ("FUNO®" or "Fideicomiso Fibra Uno"), the first and largest real estate investment trust in Mexico and Latin America was informed of the continuance hostilities to certain members of its Technical Committee by Mr. Zaga, now, through a commercial lawsuit filed against them personally, for an amount of one billion pesos. These processes and controversies have caused journalistic and sensational reports that do not affect FUNO®'s activities. FUNO carried out an internal and external investigation of these events and concluded that these controversies are totally unrelated to FUNO® and its operations and that it has no implications to the entity whatsoever.
This release may contain certain estimates in the statements. These statements are not historical facts, and are based on the current view of FUNO® management of future economic circumstances, industry conditions, FUNO® performance and financial results. The words "anticipated", "believes", "estimates", "expects", "plans" and other similar expressions, related to FUNO®, are intended to identify estimates or forecasts. Such statements reflect the current views of management and are subject to various risks and uncertainties. There is no guarantee that expected events, trends or results will actually occur. Statements are based on various assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
About Fibra Uno.
Fibra Uno (Mexbol: FUNO11; Bloomberg: FUNO11:MM) is the first and largest FIBRA (REIT) in the Mexican market. It operates and develops a wide range of real estate assets for leasing, mainly in the industrial, retail and office segments. As of september 30th, 2021, Fibra Uno had a portfolio of 635 properties that totaled approximately 10.8 million sqm with footprint on all states of Mexico. Fibra Uno's strategy focuses in having the best locations, high-quality assets and geographic, segment and tenant diversification. Furthermore, FUNO ® management team has more than 30 years of expertise in development and operation of all segments of the real estate industry.
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Fibra UNO Administracion SA de CV published this content on 13 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2021 19:25:05 UTC.
Fibra Uno Administracion SA de CV (Fibra Uno) is a Mexico-based company engaged in the operation of commercial real estate investment trust (REIT). The Company focuses on operating and developing a range of real estate assets for leasing, mainly in the industrial, retail and office segments. It aims at acquisition, development, rental and management of various types of commercial real estate projects in Mexico, including industrial, retail, office and mixed-use projects. The Company's portfolio comprises over 510 properties. Its business model includes portfolio management, maintaining relationships with tenants, sourcing of off-market acquisition opportunities, integration of acquisitions into portfolio, development and construction activity and growth of services businesses.