The Real Estate Investment Trust will receive an additional economic benefit for its cash investments, as long as the goals of certain environmental objectives are met.

Fibra Prologis, one of the class A logistics real estate investment trusts in Mexico, announced today that, for the first time in Latin America, a publicly traded real estate company has invested its cash in a deposit account linked to sustainability in Scotiabank.

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“This innovative instrument, being a novel product in Latin America, speaks to our commitment and constant search for better ways to invest our investors' funds in solutions that reward positive environmental, social and governance (ESG) performance," he commented. Jorge Girault, Finance Director of Fibra Prologis.

On the ESG side, the Industrial Real Estate Fiber continues working to achieve net zero emissions in its operations by 2030 and net zero emissions by 2040 throughout its value chain.

Proof of the above, indicated by the real estate company, is that in September it began with the first phase of the solar project with one of its clients -CEVA Logística- in Prologis Parque Izcalli.

The objective of the first tranche is to provide 100% renewable energy, covering 120 buildings in the 6 markets where it has a presence by 2025.

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“Our client-focused ESG approach makes us the best partner for our clients who are also working to reduce their carbon footprint " highlighted Fibra.

Fibra Prologis is a real estate investment trust for the investment and management of class A industrial properties in Mexico.

It has a portfolio of 228 properties intended for logistics and manufacturing located in 6 industrial markets in Mexico, such as Nuevo León, Jalisco, Ciudad de México y Tijuana, with a total Gross Rentable Area of 44.2 million square feet or 4.1 million square meters. .

In Solili you can consult industrial warehouses in Saltillo and Ciudad Juárez

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