Month: November 2020

MEXICO CITY, Nov. 30, 2020 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, was listed for the 4th consecutive year on the S&P Dow Jones Sustainability MILA Pacific Index and received high scores from the Global Real Estate Sustainability Benchmark (GRESB) for outstanding performance in environmental stewardship, social responsibility and governance (ESG).

“At FIBRA Prologis we are committed to the integration of environmental sustainability and social impact into the management of our business,” said Luis Gutierrez, CEO, Prologis Property Mexico. “Being recognized by GRESB and S&P Dow Jones, confirm ESG is a core component of our  DNA and the hard work of our team to promote sustainable operations with our tenants and facilities, high quality work conditions and transparency with our shareholders.”

GRESB recognizes outstanding leadership in sustainability for real estate companies and funds. FIBRA Prologis was ranked first in its peer group earning Green Star and recognized as a Regional Listed Sector Leader for the industrial sector in the Americas.

For the fourth consecutive year, FIBRA Prologis was included in the S&P Dow Jones Sustainability MILA Pacific Index which is designed to measure best-in-class companies that fulfill certain sustainability criteria better than the majority of their peers within a given industry.

ABOUT FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of September 30, 2020, FIBRA Prologis was comprised of 201 logistics and manufacturing facilities in six industrial markets in Mexico totaling 39.0 million square feet (3.6 million square meters) of gross leasable area.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and  the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

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SOURCE FIBRA Prologis

NEW YORK, Nov. 30, 2020 /PRNewswire-HISPANIC PR WIRE/ — “Today, Montefiore New Rochelle is taking steps to protect the community because NYSNA leadership has chosen to go on strike during the latest surge of COVID-19.

In negotiations over the past 18-months we offered NYSNA:

• Over 7% in wage increases
• Medical expenses for retired nurses
• Tuition reimbursement of $7,500 per year
• Health insurance with no employee contributions
• Funding for the NYSNA Pension Fund

To most this would seem like a good deal, even in the absence of the COVID-19 pandemic when hospitals and individuals are struggling financially.

NYSNA is striking because they want the power to dictate staffing assignments and hand out plum positions to their friends, while Montefiore believes the decisions on how to treat patients and make these assignments rests not with any one group alone, but with the entire team caring for the patient.

NYSNA is willfully misleading the public by suggesting that Montefiore New Rochelle is unprepared for the latest COVID-19 surge, when the truth is, in compliance with the Governor’s orders, MNR is stocked with 90 days of PPE for its employees. NYSNA is selfishly putting the community at risk and using COVID-19 as a political football.

We choose patients over NYSNA’s politics.

Montefiore New Rochelle Hospital will remain open but will enact contingency plans, including relocating patients to other facilities to ensure their safety.”

About Montefiore Health System

Montefiore Health System is one of New York’s premier academic health systems and is a recognized leader in providing exceptional quality and personalized, accountable care to approximately three million people in communities across the Bronx, Westchester and the Hudson Valley. It is comprised of 10 hospitals, including the Children’s Hospital at Montefiore, Burke Rehabilitation Hospital and more than 200 outpatient ambulatory care sites. The advanced clinical and translational research at its medical school, Albert Einstein College of Medicine, directly informs patient care and improves outcomes. From the Montefiore-Einstein Centers of Excellence in cancer, cardiology and vascular care, pediatrics, and transplantation, to its preeminent school-based health program, Montefiore is a fully integrated healthcare delivery system providing coordinated, comprehensive care to patients and their families. For more information please visit www.montefiore.org. Follow us on Twitter and view us on Facebook and YouTube.

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SOURCE Montefiore Health System