Corporación Inmobiliaria Vesta Announces Closing of Follow-On Offering

Corporación Inmobiliaria Vesta, S.A.B. de C.V. announced the closing of its global follow-on offering of American Depositary Shares (ADSs) and common shares. The offering included 1,199,285 ADSs at US$34.62 per ADS in the United States and 58,054,784 common shares at Ps.$59.50 per common share in Mexico. The gross proceeds from the offering were approximately US$242.5 million. Vesta plans to use these proceeds to fund its growth strategy. The international underwriters have an option to purchase up to 10,507,140 additional common shares represented by ADSs. Vesta is a real estate company that owns, manages, develops, and leases industrial properties in Mexico, with a portfolio of 231 properties as of March 31, 2026.