FIBRA Prologis Distributes Ps. 3.16 Billion in Quarterly Payout

Event summary

  • FIBRA Prologis declared a total distribution of Ps. 3.16 billion (US$183.2 million) for Q4 2025, payable February 16, 2026.
  • The distribution includes Ps. 1.06 billion in cash and Ps. 2.10 billion in kind via 27.35 million CBFIs.
  • Cash distribution represents 30% of the Income Tax (ISR) on total distribution, with custodians responsible for tax withholding.
  • FIBRA Prologis' portfolio comprises 515 properties totaling 87.0 million square feet as of September 30, 2025.

The big picture

FIBRA Prologis' substantial quarterly distribution reflects its strong position in Mexico's industrial real estate market. The mix of cash and in-kind distributions demonstrates the company's ability to leverage its extensive portfolio while navigating complex tax requirements. This distribution strategy is particularly notable given the current economic climate and potential regulatory shifts affecting real estate investment trusts in Mexico.

What we're watching

Distribution Sustainability
Whether FIBRA Prologis can maintain this distribution level amid potential economic volatility and tax regime changes.
Portfolio Performance
How the company's 87.0 million square feet portfolio will perform in core and non-strategic markets.
Regulatory Compliance
The impact of maintaining FIBRA status and tax structuring on future distributions.