During 2004, “Corporacion Inmobiliaria Vesta” has made important achievements. The first of these being a strategic alliance with CALPERS (California Public Employees Retirement System) who in March of last year invested US$50 million directly into the company’s capital. Secondly, “Vesta” closed important deals with the following clients: Daewoo, Ferrostaal Man, Eika y SCM in the city of Queretaro, Bonafont in the city of Toluca, as well as the acquisition of the largest distribution centers for Nestle in Toluca, State of Mexico and Lagos de Moreno, Jalisco adding to its portfolio 1,440,430 square feet. Last year Vesta has also developed 412,096 square feet in spec buildings in the cities of Toluca and San Luis Potosi.

Through this initiative, Vesta has increased its portfolio to reach a total of 3,006,008 square feet and anticipate this 2005 to be a year of significant growth.