Fibra Uno Trust ("FUNO®" o "Fibra Uno Trust"), the first and largest real estate investment trust in Mexico and Latin America updates information to its stakeholders regarding communications issued by FUNO® on February 12th, 2020, April 26th, December 10th, and December 14th, 2021; regarding a controversy between private parties being promoted by a Trust represented by Mr. Rafael Zaga Tawil.
The El Mann brothers presented an appeal to Mexico City's High Court. On December 13th, 2021 Mexico City's High Court ruled in favor of the El Mann brothers, leaving the precautionary measures previously stated without any effect.
The Fibra Uno Trust, as well as the members of its Technical Committee, carry out, and have always carried out their duties with responsibility, ethics and an absolute respect to the rule of law.
In the event that information relevant to the market arises, FUNO® will promptly inform the markets in accordance with applicable law.
FUNO® REMAINS VIGILANT IN THIS MATTER AND RESERVES ITS RIGHT TO TAKE ALL LEGAL ACCTIONS IT DEEMS APPROPRIATE AND CONVENIENT AGAINST THOSE WHOM MAY HAVE THE INTEREST OF SLANDERING ITS ETHICS AND GOVERNANCE WITH THE AIM OF AFFECTING THE BEHAVIOUR OF THE FIRBA UNO TRUST'S CBFIs, BONDS OR THE OPERATION OF ITS PROPERTIES.
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 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 16:58:01 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.