Ciudad de México, 6 de mayo de 2014– Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (BMV: Vesta), a leader in the development of industrial buildings and distribution centers in Mexico, announced today that it has signed a binding letter of intent with BRP Mexico, SA de C.V. (“BRP”), for the construction of a “Build to Suit” building in Ciudad Juarez, State of Chihuahua.

The development of this project will involve a total investment from Vesta of approximately US$33.2 million to be invested over the next 9 months. Vesta will finance this project with its own resources.

This building will have an approximate total gross leasable area of 500,000 SF (46,000 m2 ) and the term of the lease will be more than 10 years. The construction will be executed by third party contractors with a proven track record for this type of development.

"BRP is one of our major customers and with this transaction Vesta underscores our commitment to help them with their expansion plans. More than 60% of our Company´s growth in terms of gross leasable area comes from our existing clients," said Lorenzo Berho, CEO of Vesta.

BRP is a leading designer, producer, and distributor of engines and recreational vehicles. The company currently leases an industrial complex to Vesta, with a gross leasable area of 500,255 SF (46,475 m2 ) at the Queretaro Industrial Park. Vesta has also developed a building with a gross leasable area of 300,000 SF (27,900 m2 ) in the same industrial park to attend the local supply chain of this important client.

Vesta´s knowledgeable regional teams and personalized service to its tenants, allows the Company to expand business opportunities with its clients.Vesta will continue to foster these successful collaborations.


Vesta is a real estate owner, developer and asset administrator of industrial buildings and distribution centers in Mexico. As of March 31, 2014, Vesta owned 104 properties located in modern industrial parks in 12 states of Mexico totaling a GLA of 1.4 million square meters. The Company has multinational clients, which are focused in industries such as aerospace, automotive, food and beverage, logistics, medical devices, and plastics, among others. For additional information visit:

Note on Forward-Looking Statements

This press release may contain certain forward-looking statements and information relating to the Company that reflects the current views and/or expectations of the Company and its management with respect to its performance, business and future events. Forward looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words like “believe,” “anticipate,” “expect,” “envisages,” “will likely result,” or any other words or phrases of similar meaning. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this presentation and in oral statements made by authorized officers of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contact in Mexico:

Juan Sottil, CFO

Iga Wolska, IRO

Tel: +52 55 5950-0070 ext.124

In New York:

Lucia Domville, Grayling

Tel: +1 646-284-9416