Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX) announced the pricing of its global offering of 1,199,285 American Depositary Shares at $34.62 per ADS in the United States and 58,054,784 common shares at 59.50 pesos per share in Mexico.

Each ADS represents 10 common shares of the Mexican industrial real estate company. The global offering is expected to close on May 18, 2026, subject to customary closing conditions.

International underwriters received a 30-day option to purchase up to 10,507,140 additional common shares represented by ADSs under the same terms as the initial offering.

Vesta stated it intends to use net proceeds from the offering to fund its growth strategy, as described in its prospectus supplement. The company owns, manages, develops and leases industrial properties in Mexico.

Barclays, J.P. Morgan and Morgan Stanley are serving as joint global coordinators of the offering. BofA Securities, BTG Pactual and Santander are acting as joint book-runners.

The international offering was conducted through a prospectus and prospectus supplement, while the Mexican offering was conducted pursuant to preliminary and final prospectuses available through the Mexican National Banking and Securities Commission and Mexican Stock Exchange.

As of March 31, 2026, Vesta owned 231 properties located throughout Mexico's trade and logistics corridors with the United States, manufacturing centers and urban areas, totaling 43.0 million square feet of gross leasable area.

The company filed an automatically effective shelf registration statement with the U.S. Securities and Exchange Commission and received approval from Mexican regulators to conduct the public offering.