Q2 2023 Fibra Uno Administracion SA de CV Earnings Call Transcript

Jul 27, 2023 / 06:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by, and I would like to welcome you to Fibra UNO's Second Quarter 2023 Results Call on the 27th of July 2023. (Operator Instructions) The format of the call today will be a presentation by the management team followed by a question-and-answer session. So without further ado, I would now like to pass the line to Mr. Andre El-Mann, the CEO of Fibra UNO. Please go ahead, sir.

Andre El-Mann Arazi - Fibra UNO - CEO & Director

Thank you, Michael, thank you, everybody, for your interest and for listening to our results of the second Q of 2023. We are very excited of the results that we posted yesterday. And I would like to give you some comments about that. Our income line grew 11.2% despite the 15% appreciation on our currency that affects our incoming -- our dollar income rent.

Our leasing spreads are showing a very healthy results. We have 1,600 spread -- basis points spread on the industrial side. We have 890 basis points spread on the retail side and we have finally achieved a 50% positive

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