built

We are the first and largest REIT in Mexico.

We operate and develop a wide spectrum of properties, mainly within the industrial, retail and office segments. Becoming a natural propulsor of progress wherever we operate, and delivering growth opportunities for our employees, tenants, guests and neighbors.
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Built on solid foundations

559 operations

+8.6 million sqm
of GLA

We are present
throughout Mexico

Our business model is based on sustainable value creation through:

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Our business model is based on sustainable value creation through:

Our core

We are a world class trust, committed with Mexico and sustainable value creation. Hence, our founding principles require us to behave in alignment with best Corporate Governance practices and within Corporate Social responsibility principles. Promoting respect and compliance with key elements such as the code of conduct, ethics and corporate principles.

  • Be the first option to satisfy the real estate needs of our tenants.
  • Remain the leading landlord, manager and developer of assets in Mexico.
  • Preserve our geographic diversification of properties, and segments in markets which offer a high growth potential.
  • Positively contribute to Mexico’s development and transform the communities we work in.
  • Upkeep our social and environmental commitment towards society.
  • Increase our portfolio through acquisitions and profitable developments, oriented towards creating sustainable value for our CBFI holders.
  • Always approaching our endeavors with a sustainability focus.

Creating sustainable value in our properties through the leasing, operation, acquisition and development of real estate properties, in key locations with high economic dynamism and growth perspectives in Mexico. Striving to always synchronize our business model with our tenants growing expectations, mainly in the industrial, retail and office segments.

1,392.6 training hours
on ethical issues in 2018.
100% of our employees, suppliers
and Technical Committee members signed and
are aware of our policies and
anti-corruption practices.

In 2019 we are committed to evaluate
100% of our Full Time Employees on the
organization's Code of Ethics.

In 2018 we continue with zero corruption
cases
which have transcended legally or
financially. Result of our commitment
to comply with all applicable regulations and
strengthen FUNO’s philosophy.

In FUNO we do not make political contributions, nor do we support any political organization. However, we respect individuals right to support or participate in Mexico’s political life.

  • Be the first option to satisfy the real estate needs of our tenants.
  • Remain the leading landlord, manager and developer of assets in Mexico.
  • Preserve our geographic diversification of properties, and segments in markets which offer a high growth potential.
  • Positively contribute to Mexico’s development and transform the communities we work in.
  • Upkeep our social and environmental commitment towards society.
  • Increase our portfolio through acquisitions and profitable developments, oriented towards creating sustainable value for our CBFI holders.
  • Always approaching our endeavors with a sustainability focus.

Creating sustainable value in our properties through the leasing, operation, acquisition and development of real estate properties, in key locations with high economic dynamism and growth perspectives in Mexico. Striving to always synchronize our business model with our tenants growing expectations, mainly in the industrial, retail and office segments.

1,392.6 training hours on ethical issues in 2018. 100% of our employees, suppliers and Technical Committee members signed and are aware of our policies and anti-corruption practices. In 2019 we are committed to evaluate 100% of our Full Time Employees on the organization's Code of Ethics.

In 2018 we continue with zero corruption cases which have transcended legally or financially. Result of our commitment to comply with all applicable regulations and strengthen FUNO’s philosophy.

In FUNO we do not make political contributions, nor do we support any political organization. However, we respect individuals right to support or participate in Mexico’s political life.

Risk map

We updated our 2016 materiality matrix –which is the basis for our sustainability strategy– in 2018 we executed a companywide risk assessment, including environmental, social and Corporate governance risks.

This process includes:

Our universe was duly represented by the reality of our portfolio:

Our risk assessment included risks within the following scopes:

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The risk prioritization was determined through a heat map, which considers the evaluated risks impact vs probability. Our assessment shows the following risks as most likely:

  • Natural Phenomena
  • Theft, robbery or violence within our properties
  • Emergency plan problems
  • Change in water prices
  • Change in energy prices


However, our matrix of probability vs impact, shows the following as the risks with highest threats:

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PRIORITY RISKS 2018-2020


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Our identified emerging risks are:

  • Community inconveniences around our properties
  • Waste management
  • Lack of training on water issues
  • Water scarcity or excessive use of water
  • Accident or injuries in our properties

2019 Commitment
In 2019 we will execute a risk assessment,
including financial and
reputational risks,
considering
also our ESG risk assessment as
part of identified risks.

Risk map

We updated our 2016 materiality matrix –which is the basis for our sustainability strategy– in 2018 we executed a companywide risk assessment, including environmental, social and Corporate governance risks.

This process includes:

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built8
built9

Our universe was duly represented by the reality of our portfolio:

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built11

Our risk assessment included risks within the following scopes:

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built12b

The risk prioritization was determined through a heat map, which considers the evaluated risks impact vs probability. Our assessment shows the following risks as most likely:

  • Natural Phenomena
  • Theft, robbery or violence within our properties
  • Emergency plan problems
  • Change in water prices
  • Change in energy prices


However, our matrix of probability vs impact, shows the following as the risks with highest threats:

PRIORITY RISKS 2018-2020


built13

Our identified emerging risks are:

  • Community inconveniences around our properties
  • Waste management
  • Lack of training on water issues
  • Water scarcity or excessive use of water
  • Accident or injuries in our properties

2019 Commitment
In 2019 we will execute a risk assessment, including financial and reputational risks, considering also our ESG risk assessment as part of identified risks.

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