Jaguar Growth Partners invests in Mexico’s Corporación Inmobiliaria Vesta
Jaguar Growth Partners (Jaguar), a privately-held investment management firm Corporación Inmobiliaria Vesta focused on real estate in global growth markets, announced that it has acquired a 5.0% strategic minority stake in Corporación Inmobiliaria Vesta, S.A.B. de C.V. , one of the leading industrial real estate owners and operators in Mexico. As a shareholder, Jaguar will add value to Vesta’s management team to execute its long-term growth strategy.
“Vesta is one of the most well regarded and innovative real estate operators in Mexico, with an institutional quality and diversified portfolio in the most dynamic markets,” said Thomas McDonald, Managing Partner at Jaguar Growth Partners. “This investment is consistent with our focus on best-in-class operating partners in Mexico and leading industrial platforms in Latin America.”
“As we continue to successfully implement “Vesta Vision 2020”, we are excited to welcome Jaguar as a strategic shareholder and anticipate benefitting from their regional and sector expertise,” added Lorenzo Berho Corona, CEO and Chairman of the Board at Vesta. “We continue to see strong demand for industrial space from high-quality tenants, and expect favorable industry trends to continue driving this demand over the long term.”
Jaguar completed the acquisition of a minority interest in Vesta through its real estate private equity strategy, focused on investing in real estate-related operating platforms and companies in high growth Latin American markets.
Source: Jaguar Growth Partners.