FIBRA Prologis Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2017; Provides Earnings Guidance for the Year 2018
For the full year 2017, net earnings per CBFI were MXN 2.4624 (USD 0.1340). FFO per CBFI was MXN 2.9077 (USD 0.1541).
For the year 2018, the company expects FFO per CBFI of USD 0.1550 to USD 0.1650 and distributions per CBFI of USD 0.1240 to USD 0.1240. Same Store NOI to be 4.0% to 5.0%. Annual Capital Expenditures as % of NOI to be 13.0% to 14.0%. Building acquisitions to be USD 100.0 million to USD 300.0 million.