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Vesta Real Estate Corporation SAB de CV. Stock Analysis VTMX
Corporación Inmobiliaria Vesta SAB de CV engages in the development of real estate properties. The company is headquartered in Mexico City, Mexico, D.F.. The company went IPO on 2012-07-20. The Company’s scope of activities includes development, sale, purchase, rental, and administration of industrial buildings as well as distribution centers in Mexico. In addition, the Company provides solutions for light manufacturing, distribution, and e-commerce operation. Vesta’s activities are present in multiple states of Mexico with over 200 functioning industrial buildings. The real estate operations performed by the Firm support industries such as automotive, food and beverages, logistics as well as plastics. The firm has a number of subsidiaries in Mexico, such as CIV Infraestructura S de RL de CV, Proyectos Aeroespaciales S de RL de CV, QVC II S de RL de CV, as well as Vesta Baja California S de RL de CV, among others.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.