Fibra Danhos’ Net Operating Income was Ps. 262.3 million in its
first 82 days of operation. On a pro forma basis, the NOI of the 9
properties in the Operating Portfolio, increased15.1% compared
to 4Q12 and pro forma NOI for 2013 increased 11.7% compared to 2012.
Occupancy rate at the end of 4Q13 was 98.2%, in-line with the
occupancy at the end of 3Q13.
Fibra Danhos’ Technical Committee approved a Distribution of Ps.
0.3700 per CBFI, which represents an annualized yield of 6.3%
based on the IPO price of Ps. 26.00 and of 6.5% at closing price on
February 19, 2014, Ps. 25.48.
Fibra Danhos is a well-capitalized public entity, it currently does
not have debt
Fibra Danhos had total Revenues of Ps. 344.4 million in its first
82 days of operation. On a pro forma basis, total Revenues of the
9 Properties in operation increased 7.6% compared to 4Q12 and total
Revenues for 2013 increased 8.6% compared to 2012.
The Lease Spread for the quarter was 9.2%. During 4Q13, all contracts
that expired were renewed in the same period. Additionally, the
Company leased 2,062 sqm over the quarter to new tenants.
MEXICO CITY--(BUSINESS WIRE)--
Fibra Danhos (BMV:DANHOS13), the first Real Estate Investment Trust (FIBRA)
specialized in premier quality assets in Mexico, announced the fourth
quarter 2013 (“4Q13”) and full year (2013) results for the period ended
December 31, 2013. As the Initial Public Offering was held on October 8,
2013, the Company had only 82 operating days during 4Q13, the results
below are also presented on a pro forma basis for comparison reasons.
These results have been prepared in accordance with International
Financial Reporting Standards (“IFRS”) and are stated in nominal Mexican
pesos, unless otherwise specified.
Financial Highlights for the fourth quarter 2013
For a full version of Fibra Danhos’ fourth quarter 2013 earnings release
contact Fibra Danhos at firstname.lastname@example.org
and you will receive a copy immediately.
Elias Mizrahi, assistant to the CEO
Tel.: +52 55
5284 0030, ext 1007
Source: Fibra Danhos