2Q17 Quarterly Results Conference Call - investor...

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July 27,2017

2Q17QuarterlyResultsConferenceCallFideicomisoF/2157– FMTY14

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Firstissuancecharacteristics1

Issuer § FibraMty(BancoInvexFideicomiso2157)|(BMV:FMTY14).

Type of Offering § Public offering of CBFIs inMexico,under an atthe market program (“ATM”)for the issuance of CBFIsandlong-termdebt

certificates(CEBUREs).

Lock-upperiod § 90days for main holders of CBFIs andDirectors.

Offering Amount § Upto 105,615,209CBFIs without considering the greenshoe,equivalent to Ps.1,304million,andupto 121,457,490CBFIs

considering the greenshoe option,equivalent to Ps.1,500million.

Useof the proceeds § For the aquisition of realestateandother corporate purposes.

Greenshoe § 15%of the baseoffering amount.

Estimated Pricing Date § [August3,2017.]

Offering Structure § 100%Primary Offer.

LeadArrengers

Offering mínimumprice § Ps.$12.35perCBFI.

Listing § Subsequent Public Offering listed atthe Mexican StockExchange(“BMV”).

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HuastecoPortfolio– Highlights

• ConsistsofaPortfolioof7buildingsinSanLuisPotosí:

• 5industrial buildings

• 1officebuilding

• 1retailbuilding

• Atotalof89,951m2ofGLA

• AllindustrialleasesdenominatedinUSD,NNN

• Income-weightedremainingtermof5.1years

• Purchasepriceequivalentto$1.128billionpesos

• 31,731,924CBFIs

• $347.9millionpesosbalanceofUSDdenominatedlongtermdebt

• $403millionpesosincash

• NOIfollowingtwelvemonthsof$94.2millionpesos

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4

StateofthePortfolio

InitialPortfolio

ExecutedAcquisitions

Acquisitions Executed in2Q17

CUAUHTEMOC,CHIH 1,44019. Monza #4 1,440

LOSMOCHIS,SIN 7,98513. Casona#5 7,985

PARRAL,CHIH 5,88814. Casona#4 5,888

CHIHUAHUA,CHIH 27,01012. Casona#3 12,131

16. Monza #1 8,478

17. Monza #2 1,790

21. Monza #5 4,611

DELICIAS,CHIH 1,97118.Monza #3 1,971

IRAPUATO,GTO 12,68010. Casona#1 5,951

11. Casona#2 6,729

SALTILLO,COAH. 82,62224. Providencia#1 13,717

25. Providencia#2 7,013







HUIXQUILUCAN,MEX 15,13732. Fortaleza 15,137

CIUDADJUAREZ,CHIH 4,5208. Cuadrante 4,520

GUADALAJARA,JAL 11,60534. Redwood 11,605

QUERETARO,QRO 21,89720. Santiago 16,497

35. Catacha#2 5,400

MONTERREY,NL 211,5341. OEPTorre1 13,578

2. OEPTorre2 18,007

3. OEPPlazaCentral 13,295

4. CEN|333Neoris 20,283

5. CEN|333Axtel 12,937

6. CEN|333Atento 3,532

7. Danfoss 30,580

9. Cuprum 17,261

15. Catacha 5,431

22. Prometeo 8,135

23. Nico1 43,272

33. Ciénega 25,223

SANLUISPOTOSI,SLP. 89,95136. Huasteco#1 38,503

37. Huasteco#2 15,728

38. Huasteco#3 11,532

39. Huasteco#4 5,750



42. Huasteco#7 13,999

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494,240m2of GLA

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State ofthe Portfolio– KeyPerformanceIndicators (as%ofincome)4

52% 44%

4%

ByClassofProperty

Office Industrial Retail

53%

13%

11%

7% 7%

9%

ByLocation

NL SLP Coah Jal Chih Other

71%

29%

ByCurrency

USD MXN

3%

18%

36% 12%

19%

12%

ByExpiration(years)

0-1 1-3 3-5 5-7 7-10 10+

93%

7%

ByOccupancy

Leased Vacant

5.8%

5.0%

4.9%

4.9% 4.8%

3.9%

3.9%

3.8%

3.6% 3.5%

MajorTenants

Crisa Oracle CSL Cemex Axtel

PWC Accenture Danfoss Epicor GE

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State ofthe Portfolioexpiration profiles as%ofincome)5

0.5% 8.7% 5.2%

21.7% 16.6% 7.9% 8.1% 6.8% 0.1%

12.0% 5.1% 3.1% 0.0% 3.6% 0.6%

0.5% 9.2% 14.4% 36.1%

52.7% 60.6% 68.7% 75.5% 75.6% 87.6% 92.7% 95.8% 95.8% 99.4% 100.0%

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031

Expirationofleaseagreements

Maturity Accumulated

23%

18%

17%

12%

8%

7% 5%

5% 3% 2%

DistributionbyEconomicActivity

Manufacturing

Techonology

Automotive

Services

ConsumerProducts

Other

Communications

Electronics

Logistics

ConstructionandDevelopment

2.1%

1.3%

1.3%

1.3%

0.5%

0.4%

Other

IndustrialGas

FinancialServices

Commerce

Agropecuary

Energy

*OtherActivities(6.9%)

Remainingleasetermis 5.5yearsMorethan 60%ofincomebeginstoexpirestartingin2021

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6 SelectedFinancialInformation

ThousandsofPesosMXN(exceptfiguresperCBFI) 2Q17 1Q17 4Q16 3Q16 2Q16 Δ%

2Q17vs1Q17Δ%

2Q17vs2Q16

GrossIncome 196,168 200,792 188,283 157,552 134,346 (2.3%) 46.0%

PropertiesExpenses(netfromCapexasOpex) (26,355) (24,386) (23,111) (17,415) (15,028) 8.1% 75.4%

NetOperatingIncome(NOI)

169,813

86.6%176,406

87.9%165,172

87.7%140,137

88.9%119,318

88.8%(3.7%) 42.3%

G&AExpenses (18,262) (18,783) (17,221) (16,346) (15,939) (2.8%) 14.6%

EBITDA 151,551

77.3%157,623

78.5%147,951

78.6%123,791

78.6%103,379

76.9%(3.9%) 46.6%

FFOFFOperCBFI

129,820

0.263139,911

0.289125,982

0.261118,130

0.245100,901

0.239(7.2%)(9.0%)

28.7%10.0%

AFFOAFFOperCBFI

126,528

0.256132,411

0.274124,485

0.258115,179

0.23996,675

0.229(4.4%)(6.6%)

30.9%11.8%

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