FIBRA Terrafina (BMV:TERRA 13) acquired Class-A industrial property located in Monterrey for $54 million on January 10, 2024. The consideration consists of $52 million in cash. As part of the consideration, $52 million was paid towards assets. The transaction is externally advised by PGIM Real Estate. 60% of this transaction was financed with asset-level debt, while the remaining 40% came from a 50% capital contribution from each partner.

FIBRA Terrafina (BMV:TERRA 13) completed the acquisition of Class-A industrial property located in Monterrey on January 10, 2024.