Mexico's industrial property boom has a quiet landlord at its centre: Vesta owns, builds, and rents the warehouse and factory space that lets global manufacturers shift production closer to the United States without buying a single brick themselves. Full nameCorporación Inmobiliaria Vesta, S.A.B. de C.V. Tickers / exchangeVESTA (Bolsa Mexicana de Valores); VTMX (NYSE ADR) HeadquartersMexico City, Mexico SectorReal Estate — Industrial Employees~107 (not disclosed in RT; third-party estimate) Market valueMXN 55.1 bn (US$3.17 bn) Yearly sales (revenue, TTM)US$292.8 mn Net profit (FY 2025)US$241.9 mn Net margin (FY 2025)85.4% (our …
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