FIBRA Prologis Reports Earnings Results for the Fourth Quarter and Full Year of 2016; Provides Earnings Guidance for the Year 2017
For the full year 2016, net earnings per CBFI were MXN 2.8977 ($0.1574). FFO per CBFI was MXN 3.0344 ($0.1658).
For the year 2017, the company expects FFO per CBFI in the range of $0.1550 to $0.1650. Full year 2017 distributions per CBFI in the range of $0.1155 to $0.1155. Year-end occupancy in the range of 95.5% to 96.5%. Same store NOI (cash) in the range of 0.0% to 1.0%. Annual capital expenditures as % of NOI in the range of 14% to 16%.