Year after year, Expansión magazine publishes the ranking of the 500 most important companies in Mexico. In addition to considering sales and other financial indicators, the ranking emphasizes the companies’ adaptability and resilience in the face of a challenging economic context: monetary policy, exchange rate fluctuations, interest rates, and inflation, to name a few aspects.
In this regard, eight Real Estate Investment Trust (Fibra in Spanish) and industrial developers stood out in the ranking of the 500 most important companies in the country, totaling sales of $73.8 billion pesos during 2023, according to Expansión. These companies are Fibra Uno, Grupo GP, Finsa, Fibra Danhos, Fibra Prologis, Fibra Macquarie, Fibra Terrafina, and Vesta.
Fibra Uno
Fibra Uno ranked highest, occupying the 173rd position, with sales exceeding $26 billion pesos. Fibra Uno is the largest real estate investment trust in Mexico, with a portfolio of 613 properties, including industrial, office, retail, and other types, totaling more than 11 million square meters (m²) distributed across all the states in the country.
Grupo GP
Grupo GP is one of the largest construction companies in the country. Among its different divisions is GP Desarrollos, which is also one of the main industrial developers. This company has more than 250 industrial projects located in over 35 industrial parks in the northern and central regions of the country. In 2023, Grupo GP totaled sales of $17 billion pesos, placing it in the 224th position in the ranking.
Finsa
The industrial developer Finsa ranked 366th in the listing, with sales totaling $7.2 billion pesos. Finsa has a portfolio of over 12 million m² developed in 24 industrial parks nationwide, and 3.7 million m² managed and leased.
Fibra Danhos
Although Fibra Danhos’ portfolio consists mostly of office and retail properties, totaling over 980,000 m², it recently completed the first phase of its industrial project, Cuautitlán 1, which adds 102,000 m². The construction of the second phase has already begun. The Fibra ranked 396th in the listing, with sales of $6.2 billion pesos.
Fibra Prologis
With sales exceeding $5.6 billion pesos, Fibra Prologis ranked 408th in the listing. Fibra Prologis’ portfolio is 100% industrial, consisting of 236 logistics and manufacturing properties located in six industrial markets in the country, covering an area of 4.4 million m².
Fibra Macquarie
Fibra Macquarie has a portfolio of 239 industrial and retail properties, totaling 3.3 million m². This Fibra ranked 459th in the listing and had sales of $4.1 billion pesos during 2023.
Terrafina
Terrafina is also a real estate investment trust with a 100% industrial focus. This Fibra has a total of 3.9 million m² distributed across 287 properties. With sales of $3.9 billion pesos in 2023, Terrafina ranked 467th in Expansión’s listing.
Vesta
Vesta closed out the participation of Fibras and industrial developers in Expansión’s ranking of the 500 most important companies in Mexico. This industrial developer, listed on the BMV, ranked 470th, having accumulated sales of $3.8 billion pesos in 2023. Vesta has a portfolio of 214 industrial properties totaling 3.5 million m².
Through various tools and specialized advisory services from Datoz, you can learn more about the Fibrass and industrial developers that are part of Expansión’s list of the 500 most important companies in Mexico. If you are not yet a client, request a demo.
