VTMX on NYSE

Vesta Real Estate Corporation, S.A.B. de C.V.

Vesta Real Estate Corporation, S.A.B. de C.V. is a real estate company, listed on NYSE (VTMX).1

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Last updated Oct 20, 2026.

Overview

Compare with INNOVATIVE INDUSTRIAL PROPERTIES INC, GETTY REALTY CORP /MD/ or AH Realty Trust, Inc., or pick any stock.

  • TickerVTMX on NYSE1
  • IndustryReal Estate1
  • HeadquartersO51
  • Incorporated inMexico2
  • Business addressPaseo De Tamarindos # 90 Torre 2 Piso 28, Col. Bosques De Las Lomas, Cuajimalpa Cp, Mexico City, O5 052102
  • Filer categoryLarge accelerated filer2

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Our legal and commercial name is Corporación Inmobiliaria Vesta, S.A.B. de C.V. We are incorporated as a variable capital publicly traded stock corporation ( sociedad anónima bursátil de capital variable ), and our corporate existence is indefinite. The address of our registered office and principal place of business is Paseo de los Tamarindos No. 90, Torre II, Piso 28, Col. Bosques de las Lomas, Alcaldía Cuajimalpa de Morelos, C.P. 05120, Mexico City, Mexico. The telephone number at this address is +52 5950-0070.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

85.4%Net margin4
12.2%Revenue growth, 20254
8.8%Return on equity4
0.46×Debt to equity4
$206.4MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Interest18¢$53.1M
  • Income tax3¢$7.9M
  • Profit80¢$241.9M

Out of $283.2M in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Capital spending0¢$837.4K
  • Dividends paid33¢$68.3M
  • Share buybacks18¢$36.4M
  • Kept or used elsewhere49¢$101.7M

Out of $207.3M of cash from operations.4

Financial statements

Revenue564$283.2M in 2025+76% since 2021
0$100.0M$200.0M$300.0M2021: $160.8M$160.8M20212022: $178.0M$178.0M2022+11%2023: $214.5M$214.5M2023+20%2024: $252.3M$252.3M2024+18%2025: $283.2M$283.2M2025+12%
Net income564$241.9M in 2025+39% since 2021
0$100.0M$200.0M$300.0M$400.0M2021: $173.9M$173.9M20212022: $243.6M$243.6M2022+40%2023: $316.6M$316.6M2023+30%2024: $223.3M$223.3M2024−29%2025: $241.9M$241.9M2025+8%

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Rental income$283.2M$252.0M$213.4M
Management fees$31.4K$376.6K$1.0M
Revenue$283.2M$252.3M$214.5M
Property operating costs related to properties that generated rental income-$24.1M-$21.2M-$13.5M
Property operating costs related to properties that did not generate rental income-$4.2M-$3.3M-$4.8M
General and administrative expenses-$35.5M-$34.2M-$31.7M
Interest income$5.3M$15.2M$9.4M
Other income$6.8M$4.3M$5.1M
Other expenses-$3.5M-$5.2M-$3.0M
Finance cost-$56.2M-$44.3M-$46.3M
Exchange gain (loss)- net$10.1M-$10.8M$8.9M
Share of results of associates$11.5K$0$0
(Loss) Gain on sale and disposal of investment properties net-$9.9K$2.6M-$461.6K
Gain on revaluation of investment properties$52.1M$270.7M$243.5M
Profit before income taxes$234.0M$426.2M$381.6M
Current income tax expense-$56.1M-$31.9M-$92.0M
Deferred income tax benefit (expense)$64.1M-$170.9M$27.0M
Total income tax benefit (expense)$7.9M-$202.8M-$65.0M
Profit for the year$241.9M$223.3M$316.6M
Exchange differences on translating other functional currency operations$1.8M-$13.2M$7.9M
Total other comprehensive income (loss)$1.8M-$13.2M$7.9M
Total comprehensive income for the year$243.7M$210.2M$324.5M
Basic earnings per share (usd per share)$0.28$0.26$0.42
Diluted earnings per share (usd per share)$0.28$0.25$0.41

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Corporate structure

Vesta Real Estate Corporation, S.A.B. de C.V. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Vesta Real Estate Corporation, S.A.B. de C.V.

  • BlackRock Filed SCHEDULE 13G on Vesta Real Estate Corporation, S.A.B. de C.V., latest Aug 26, 2026
  • NORGES BANK Filed SCHEDULE 13G/A on Vesta Real Estate Corporation, S.A.B. de C.V., latest May 11, 2026 (2 filings since Jan 20, 2026)
  • GIC Private Limited Filed SCHEDULE 13G/A on Vesta Real Estate Corporation, S.A.B. de C.V., latest Nov 12, 2025 (5 filings since Jul 10, 2023)
  • Vesta Real Estate Corporation, S.A.B. de C.V. O5

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Vesta Real Estate Corporation, S.A.B. de C.V. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)$1.4M4 Dec 31, 2025$533.8K4 Dec 31, 2024+165.9%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$4.1B4 Dec 31, 2025$3.7B4 Dec 31, 2024+11.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$336.9M4 Dec 31, 2025$184.0M4 Dec 31, 2024+83.1%

Leadership

Who has led Vesta Real Estate Corporation, S.A.B. de C.V., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Carranza Lorenzo Dominique Berho2026–now

Chief financial officer

  1. Achutegui Juan Felipe Sottil2026–now
Board members and other officers (39)

Timeline

  1. Mar 18, 2026New chief executive Carranza Lorenzo Dominique Berho becomes CEO7

Calendar

Coming up

  1. Oct 22, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.29 a share, on Oct 23, 2025.47

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

203 filings to the SEC since October 2021: 3 annual reports, 83 insider forms, 8 large holders, 109 other. The latest 20:

  1. Oct 7, 20264 PRIMARY DOCUMENT EDGAR
  2. Oct 2, 20266-K EDGAR
  3. Sep 9, 20266-K EDGAR
  4. Sep 8, 20264 PRIMARY DOCUMENT EDGAR
  5. Sep 1, 20264 PRIMARY DOCUMENT EDGAR
  6. Aug 31, 20266-K EDGAR
  7. Aug 27, 20264 PRIMARY DOCUMENT EDGAR
  8. Aug 26, 2026SCHEDULE 13G EDGAR
  9. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  10. Aug 24, 20266-K EDGAR
  11. Aug 17, 20264 PRIMARY DOCUMENT EDGAR
  12. Aug 14, 20264 PRIMARY DOCUMENT EDGAR
  13. Aug 5, 20264 PRIMARY DOCUMENT EDGAR
  14. Jul 31, 20264 PRIMARY DOCUMENT EDGAR
  15. Jul 24, 20264 PRIMARY DOCUMENT EDGAR
  16. Jul 22, 20266-K EDGAR
  17. Jul 2, 20266-K EDGAR
  18. Jul 1, 20264 PRIMARY DOCUMENT EDGAR
  19. Jul 1, 20264 PRIMARY DOCUMENT EDGAR
  20. Jul 1, 20264 PRIMARY DOCUMENT EDGAR

The 203 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

45 open-market trades by officers, directors and large owners since October 2021: 0 buys and 45 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 4, 2026Berho Carranza DiegoChief Portfolio OfficerSale6,219$3.48$21.6KForm 4
Aug 28, 2026MARTIN COLMENARES SERGIO RAULDEVELOPMENT & CP MANAGERSale1,800$3.43$6.2KForm 4
Aug 26, 2026BERHO CORONA LORENZO MANUELDirectorSale33,442$3.51$117.4KForm 4
Aug 21, 2026BERHO CARRANZA LORENZO DOMINIQUEChief Executive OfficerSale60,000$3.58$215.1KForm 4
Aug 13, 2026Cuevas Argueta Fernando AlbertoCOMPTROLLERSale4,500$3.42$15.4KForm 4
Aug 12, 2026DEL CASTILLO CACHO GUILLERMOENERGY MANAGERSale10,000$3.48$34.8KForm 4
Aug 4, 2026DEL CASTILLO CACHO GUILLERMOENERGY MANAGERSale2,413$3.44$8.3KForm 4
Jul 30, 2026DEL CASTILLO CACHO GUILLERMOENERGY MANAGERSale1,675$3.41$5.7KForm 4
Jun 30, 2026BERHO CORONA LORENZO MANUELDirectorSale50,000$3.42$171.0KForm 4
Jun 30, 2026Berho Carranza DiegoChief Portfolio OfficerSale3,500$3.41$11.9KForm 4
Jun 30, 2026BERHO CARRANZA LORENZO DOMINIQUEChief Executive OfficerSale50,000$3.42$171.0KForm 4
Jun 29, 2026Bettinger Davo Maria FernandaINVESTOR RELATIONS OFFICERSale21,200$3.40$72.1KForm 4
Jun 29, 2026BERHO CARRANZA LORENZO DOMINIQUEChief Executive OfficerSale50,000$3.42$171.0KForm 4
Jun 26, 2026DEL CASTILLO CACHO GUILLERMOENERGY MANAGERSale3,400$3.37$11.5KForm 4
Jun 23, 2026DEL CASTILLO CACHO GUILLERMOENERGY MANAGERSale3,400$3.37$11.5KForm 4
Jun 19, 2026BERHO CORONA LORENZO MANUELDirectorSale4,513$3.45$15.6KForm 4
Jun 18, 2026BERHO CORONA LORENZO MANUELDirectorSale53,700$3.49$187.4KForm 4
Jun 16, 2026Bettinger Davo Maria FernandaINVESTOR RELATIONS OFFICERSale46,356$3.46$160.4KForm 4
Jun 15, 2026BERHO CORONA LORENZO MANUELDirectorSale48,352$3.48$168.3KForm 4
Jun 9, 2026BERHO CORONA LORENZO MANUELDirectorSale1,648$3.43$5.7KForm 4

All 45 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 69. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Wellington Management Group Llp1,836,166$63.0M0.0%−16,378
Itau Unibanco Holding S.A.1,291,724$44.2M0.9%+600,554
Carmignac Gestion829,302$28.5M0.4%+6,857
Fmr LLC805,255$27.6M0.0%−732,704
Bank Of America Corp /de/752,038$25.8M0.0%+533,855
Centersquare Investment Management LLC563,015$19.3M0.2%+224,955
Lazard Asset Management LLC357,025$12.2M0.0%−5,129
BlackRock, Inc.323,590$11.1M0.0%+166,328
Grandeur Peak Global Advisors, LLC167,998$5.8M1.3%−3,764
Morgan Stanley105,889$3.6M0.0%+39,011
UBS Group AG100,013$3.4M0.0%+19,051
Abc Arbitrage Sa77,276$2.7M0.3%+50,717
M&T Bank Corp66,499$2.3M0.0%−3,073
Capital International Investors62,550$2.1M0.0%No change
Brandes Investment Partners, LP54,168$1.9M0.0%+1,444
Mariner, LLC38,774$1.3M0.0%+491
Marshall Wace, Llp34,515$1.2M0.0%−38,641
Militia Capital Management LLC33,800$1.2M0.2%−67,600
Jump Financial, LLC31,800$1.1M0.0%+24,974
ABS Investment Management LLC30,400$1.0M0.7%New
ABS Direct Equity Fund LLC30,400$1.0M0.7%New
Royal Bank Of Canada29,876$1.0M0.0%+370
Orion Porfolio Solutions, LLC28,882$990.9K0.0%+1,952
Neuberger Berman Group LLC26,430$904.4K0.0%+6,703
XTX Topco Ltd16,841$577.8K0.0%+8,697

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Vesta Real Estate Corporation, S.A.B. de C.V. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVesta Real Estate Corporation, S.A.B. de C.V.1
  • CIK0001969373
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company3
  • Incorporated inO53
  • Fiscal year endsDecember 311
  • Industry code (SIC)6500 Real Estate1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business addressPaseo De Tamarindos # 90 Torre 2 Piso 28, Col. Bosques De Las Lomas, Cuajimalpa Cp, Mexico City, O5 052101
  • Phone52 (55) 5950-00701
  • Shares outstanding884,486,436 shares as of Feb 27, 20263
  • AuditorGalaz, Yamazaki, Ruiz Urquiza, S.C., Mexico City, Mexico PCAOB ID 1153; it also attests to the company’s internal control over financial reporting3
  • On EDGAR sinceMar 27, 20231
  • Filings203 in all: 6-K (69), 3 (43), 4 (38), 144 (6), CORRESP (6), UPLOAD (4), 20-F (3), DRSLTR (3)1
    All 27 form types

    EFFECT (3), SCHEDULE 13G/A (3), 424B1 (2), 424B5 (2), DRS (2), F-1 (2), F-1/A (2), S-8 (2), SC 13G (2), SCHEDULE 13G (2), 3/A (1), 4/A (1), 8-A12B (1), CERT (1), DRS/A (1), F-1MEF (1), F-3ASR (1), F-6 (1), SC 13G/A (1)

  • Latest filingsAnnual report (20-F) Mar 17, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary Shares, each representing ten ordinary shares with no par value per shareVTMXNew York Stock Exchange
Ordinary Shares, no par value per share*New York Stock Exchange

From the cover page of the 20-F filed Mar 17, 2026 (Section 12(b) of the Exchange Act).3

Sources

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