FIBRA Prologis Announces Exchange Of Global CBFIs Certificate

MEXICO CITY, March 18, 2016 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14) the leading owner and operator of Class-A industrial real estate in Mexico, as well as the issuer of the certificates (Certificados Bursatiles Fiduciarios Inmobiliarios) identified with ticker "FIBRAPL 14" ("CBFIs"), announced that on March 30, 2016 it will exchange before its custodian, S.D. Indeval Institución para el Depósito de Valores, S.A. de C.V., its current global CBFI certificate representing 643,240,093 CBFIs with a new global CBFI certificate representing 634,479,746 CBFIs.

FIBRA Prologis

The new global CBFI certificate represents CBFIs outstanding after the cancellation of 8,760,347 unsold CBFIs that resulted from the partial exercise of the overallotment option in the Initial Issuance and the first Additional Issuance.  The cancellation and update of the CBFI registry before the National Securities Registry (Registro Nacional de Valores) was approved at the Ordinary Holders Meeting held on April 13, 2015.

Details of the resolution adopted at the Ordinary Holders´ Meeting and the corresponding minutes were disclosed by the Common Representative through the Mexican Stock Exchange.

FIBRA Prologis is the leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2015, FIBRA Prologis was comprised of 188 logistics and manufacturing facilities in six industrial markets in Mexico totaling 32.6 million square feet (3.0 million square meters) of gross leasable area.

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management's beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust ("FIBRA") status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the "Comisión Nacional Bancaria y de Valores" and  the Mexican Stock Exchange by FIBRA Prologis under the heading "Risk Factors." FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

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