
Fibra Uno (Funo) has announced that it is evaluating the possibility of internalizing the real estate services that it currently receives externally. This measure, according to the company, represents an attractive opportunity to maximize long-term value for the holders of its Real Estate Trust Stock Certificates (CBFI).
“The company has listened to the requests of its investors and is proposing significant changes to strengthen its corporate governance. “Over time we have focused our efforts on improving “A” (environmental) and “S” (social), now our focus is on improving “G” (governance),” said Gonzalo Robina, deputy general director of Fun in a presentation.
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He added that since its founding in 2011, Fibra Uno has hired the services of the Real Estate Advisor and Representative, a structure that was widely disclosed and agreed upon with investors in the context of its initial public offering.
These services have been provided diligently and satisfactorily, and have played a crucial role in the development, operation and results of Funo.
The continuity of real estate services provided by the Advisor and the Real Estate Representative are essential for its growth and maximization of value. “The experience, business relationships and proven quality of these professionals are unique and have been an integral part of their success and differentiation in the sector,” he said.
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The proposed internalization seeks to internally consolidate the synergies with Fibra Uno. The final decision will be subject to detailed evaluations and relevant approvals. Fibra Uno will continue to inform its investors and interested parties about any developments related to this initiative.
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