Business · Companies · 1 hr ago

Fibra Mty takes over management of Fibra Macquarie

Fibra Mty takes over management of Fibra Macquarie

Fibra Mty has taken over management of Fibra Macquarie, a Mexican real estate investment trust focused on industrial and office properties.

The change followed an agreement with Macquarie Asset Management and Macquarie Infrastructure & Real Assets Holdings, and took effect after all contract conditions were met.

Macquarie's manager resigned, and Fibra Mty became the new manager.

The handover was designed to keep Fibra Macquarie's business and administration stable during the transition.

Fibra Mty says combining the trusts could bring operating efficiencies and economies of scale and help grow operating cash flow.

Fibra Macquarie may be delisted from Mexico's stock exchange after Fibra Mty passed the required 95% ownership threshold.

The delisting could happen in the first quarter of 2027, depending on the pace of regulatory approval.

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CompanyFibra Mty
All suspensive conditions established in the internalization contract have been satisfied.
via El Economista MX