Terrafina Announces Distribution Payment Corresponding To Second Quarter 2018
August 02 2018 - 4:49PM
Terrafina (”TERRA”) (BMV:TERRA13), a leading Mexican industrial
real estate investment trust (“FIBRA”), externally advised by PGIM
Real Estate and dedicated to the acquisition, development, lease
and management of industrial real estate properties in Mexico,
announced today that in accordance with Trust Agreement F/00939,
the Company will pay a cash distribution to the holders of its
Certificados Bursátiles Fiduciarios Inmobiliarios (“CBFIs”) on
August 10, 2018 in the amount of Ps. 0.702001 per CBFI, for each of
the outstanding 791,014,635 CBFIs. This amount is equivalent to a
total payment of Ps. 555,292,945.66.
Following are the dates pertaining to the
distribution:
|
Ex-dividend date |
August
07, 2018 |
|
|
Record date |
August
08, 2018 |
|
|
Payment date |
August
10, 2018 |
|
About TerrafinaTerrafina
(BMV:TERRA13) is a Mexican real estate investment trust formed
primarily to acquire, develop, lease and manage industrial real
estate properties in Mexico. Terrafina’s portfolio consists of
attractive, strategically located warehouses and other light
manufacturing properties throughout the Central, Bajio and Northern
regions of Mexico. It is internally managed by highly-qualified
industry specialists and externally advised by PGIM Real
Estate.
Terrafina owns 298 real estate properties,
including 286 developed industrial facilities with a collective GLA
of approximately 40.9 million square feet and 12 land reserve
parcels, designed to preserve the organic growth capability of the
portfolio.
Terrafina’s objective is to provide attractive
risk-adjusted returns for the holders of its certificates through
stable distributions and capital appreciations. Terrafina aims to
achieve this objective through a successful performance of its
industrial real estate and complementary properties, strategic
acquisitions, access to a high level of institutional support, and
to its management and corporate governance structure. For more
information, please visit www.terrafina.mx
PGIM Real Estate PGIM Real
Estate is the real estate investment business of PGIM Inc., the
global investment management business of Prudential Financial, Inc.
(NYSE: PRU). Redefining the real estate investing landscape
since 1970, PGIM Real Estate has professionals in 18 cities in the
Americas, Europe and Asia Pacific with deep local knowledge and
expertise, and gross assets under management of US$69.6 billion
(US$50.6 billion net) as of March 31, 2018. PGIM Real Estate’s
tenured team offers to its global client base a broad range of real
estate equity, debt, and securities investment strategies that span
the risk/return spectrum. For more information, visit
www.pgimrealestate.com
About Prudential Financial,
Inc.Prudential Financial, Inc. (NYSE:PRU), a financial
services leader with more than US$1 trillion of assets under
management as of June 30, 2018, has operations in the United
States, Asia, Europe, and Latin America. Prudential’s diverse and
talented employees are committed to helping individual and
institutional customers grow and protect their wealth through a
variety of products and services, including life insurance,
annuities, retirement-related services, mutual funds and investment
management. In the U.S., Prudential’s iconic Rock symbol has stood
for strength, stability, expertise and innovation for more than a
century. For more information, please visit
www.news.prudential.com
Forward Looking StatementsThis
document may include forward-looking statements that may imply
risks and uncertainties. Terms such as "estimate", "project",
"plan", "believe", "expect", "anticipate", "intend", and other
similar expressions could be construed as previsions or estimates.
Terrafina warns readers that declarations and estimates mentioned
in this document, or realized by Terrafina’s management imply risks
and uncertainties that could change in function of various factors
that are out of Terrafina’s control. Future expectations reflect
Terrafina’s judgment at the date of this document. Terrafina
reserves the right or obligation to update the information
contained in this document or derived from this document. Past or
present performance is not an indicator to anticipate future
performance.
Prudential Financial (NYSE:PRU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Prudential Financial (NYSE:PRU)
Historical Stock Chart
From Jul 2023 to Jul 2024