Mexican Real Estate Potentially Undervalued Companies

FIBRA Macquarie México

Market Cap: Mex$24.5b

FIBRA Macquarie México (FIBRA Macquarie) (BMV:FIBRAMQ) is a real estate investment trust (fideicomiso de inversión en bienes raíces), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties.

Fibra Shop

Market Cap: Mex$5.9b

FibraShop (BMV: FSHOP 13), is a unique real estate investment option in Mexico, due to its specialization, its management team with vast experience in the commercial real estate sector, and its solid operating structure and corporate governance, which together ensure transparency, efficiency, and safe and profitable growth.

Orion Office REIT

Market Cap: Mex$366.0m

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S.

Fibra UNO

Market Cap: Mex$93.0b

Fibra Uno (Mexbol: FUNO11; Bloomberg: FUNO11:MM) is the first and largest FIBRA in the Mexican market.

Net Lease Office Properties

Market Cap: Mex$435.6m

Owns commercial real estate properties.

Park Hotels & Resorts

Market Cap: Mex$1.9b

Park is one of the largest publicly-traded lodging real estate investment trusts ("REIT") with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value.

Simon Property Group

Market Cap: Mex$56.5b

Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (“REIT”).

Fideicomiso Irrevocable db/1616

Market Cap: Mex$3.6b

Fibra Inn is a Mexican trust formed primarily to acquire, develop, and rent a broad range of hotel properties for lodging in Mexico aimed at the business traveler.

Medical Properties Trust

Market Cap: Mex$3.2b

A self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities.

Fibra MtyP.I. de

Market Cap: Mex$28.9b

FIBRA MTY, S.A.P.I. de C.V. operates as a real estate investment trust in Mexico.

Office Properties Income Trust

Market Cap: Mex$63.6m

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S.

Americold Realty Trust

Market Cap: Mex$5.5b

Americold is a global leader in temperature-controlled logistics real estate and value added services.

VICI Properties

Market Cap: Mex$33.4b

An S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.

Unite Group

Market Cap: Mex$4.1b

Owns, manages, and develops purpose-built student accommodation facilities for the higher education sector in the United Kingdom.

Host Hotels & Resorts

Market Cap: Mex$9.8b

An S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels.

Macerich

Market Cap: Mex$2.5b

Macerich is a fully integrated, self-managed, and self-administered real estate investment trust (REIT).

National Storage Affiliates Trust

Market Cap: Mex$4.3b

A real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States.

National Health Investors

Market Cap: Mex$3.4b

Incorporated in 1991, National Health Investors, Inc.

Crown Castle

Market Cap: Mex$42.1b

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Fibra Nova

Market Cap: Mex$15.6b

Fibra Nova is headquartered in Mexico.

FIBRA Storage

Market Cap: Mex$5.2b

An institutional reference for Self-Storage in Mexico.

Ventas

Market Cap: Mex$29.7b

Ventas, Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust enabling exceptional environments that benefit a large and growing aging population.

Gaming and Leisure Properties

Market Cap: Mex$13.4b

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

STAG Industrial

Market Cap: Mex$5.9b

We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States.

COPT Defense Properties

Market Cap: Mex$2.9b

COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S.

Infraestructura Viable de

Market Cap: Mex$26.4b

Operates as a trust administrator.

Fibra Danhos

Market Cap: Mex$36.1b

We are a Mexican trust constituted, primarily, to develop, own, lease, operate, and acquire iconic and premier-quality real estate assets in Mexico.