MEXICO CITY, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Terrafina (”TERRA”) (BMV:TERRA13), a leading Mexican industrial
real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate and dedicated to the acquisition, development, lease
and management of industrial real estate properties in Mexico, announced today that in accordance with Trust Agreement F/00939, the
Company will pay a cash distribution to the holders of its Certificados Bursátiles Fiduciarios Inmobiliarios (“CBFIs”) on
August 10, 2018 in the amount of Ps. 0.702001 per CBFI, for each of the outstanding 791,014,635 CBFIs. This amount is equivalent to
a total payment of Ps. 555,292,945.66.
Following are the dates pertaining to the distribution:
| |
Ex-dividend date |
August 07, 2018 |
|
| |
Record date |
August 08, 2018 |
|
| |
Payment date |
August 10, 2018 |
|
About Terrafina
Terrafina (BMV:TERRA13) is a Mexican real estate investment trust formed primarily to acquire, develop, lease and
manage industrial real estate properties in Mexico. Terrafina’s portfolio consists of attractive, strategically located warehouses
and other light manufacturing properties throughout the Central, Bajio and Northern regions of Mexico. It is internally managed by
highly-qualified industry specialists and externally advised by PGIM Real Estate.
Terrafina owns 298 real estate properties, including 286 developed industrial facilities with a collective GLA
of approximately 40.9 million square feet and 12 land reserve parcels, designed to preserve the organic growth capability of the
portfolio.
Terrafina’s objective is to provide attractive risk-adjusted returns for the holders of its certificates through
stable distributions and capital appreciations. Terrafina aims to achieve this objective through a successful performance of its
industrial real estate and complementary properties, strategic acquisitions, access to a high level of institutional support, and
to its management and corporate governance structure. For more information, please visit www.terrafina.mx
PGIM Real Estate
PGIM Real Estate is the real estate investment business of PGIM Inc., the global investment management business of Prudential
Financial, Inc. (NYSE: PRU). Redefining the real estate investing landscape since 1970, PGIM Real Estate has professionals in
18 cities in the Americas, Europe and Asia Pacific with deep local knowledge and expertise, and gross assets under management of
US$69.6 billion (US$50.6 billion net) as of March 31, 2018. PGIM Real Estate’s tenured team offers to its global client base a
broad range of real estate equity, debt, and securities investment strategies that span the risk/return spectrum. For more
information, visit www.pgimrealestate.com
About Prudential Financial, Inc.
Prudential Financial, Inc. (NYSE:PRU), a financial services leader with more than US$1 trillion of assets under
management as of June 30, 2018, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and
talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety
of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management.
In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century.
For more information, please visit www.news.prudential.com
Forward Looking Statements
This document may include forward-looking statements that may imply risks and uncertainties. Terms such as "estimate",
"project", "plan", "believe", "expect", "anticipate", "intend", and other similar expressions could be construed as previsions or
estimates. Terrafina warns readers that declarations and estimates mentioned in this document, or realized by Terrafina’s
management imply risks and uncertainties that could change in function of various factors that are out of Terrafina’s control.
Future expectations reflect Terrafina’s judgment at the date of this document. Terrafina reserves the right or obligation to update
the information contained in this document or derived from this document. Past or present performance is not an indicator to
anticipate future performance.
