#Mexico #Mexico City #FIBRA Prologis #Joseph Ghazal #Christopher Burns

Recent Changes to FIBRA Prologis' Technical Committee

Overview of the Announcement

On June 17, 2026, FIBRA Prologis, a prominent owner and operator of Class-A industrial real estate in Mexico, made significant announcements regarding its Technical Committee. This decision illustrates the company's ongoing commitment to maintaining a robust leadership team as it navigates the evolving landscape of industrial real estate.

New Leadership Addition

Christopher Burns, the current Head of Deployment for North America at Prologis, will join the Technical Committee as a non-independent member. His experience in real estate deployment positions him as a valuable asset, and his inclusion is seen as a strategic move to strengthen the committee’s expertise and operational guidance.

Concluding Service of Joseph Ghazal

At the same time, the committee acknowledges the departure of Joseph Ghazal, who has served as the Chief Investment Officer for Prologis and has been an integral part of the committee. The leadership expressed profound gratitude for his contributions, recognizing the significant role he played in shaping the committee’s strategy and direction that underpins FIBRA Prologis’ continued growth and stability.

Composition of the Technical Committee

The Technical Committee currently comprises five non-independent members and six independent members. The current roster includes:

• - Independent Members:

- Alberto Saavedra
- Miguel Alvarez del Rio
- Monica Flores
- Carlos Elizondo
- Gonzalo Portilla
- Katia Eschenbach

• - Non-independent Members:

- Armando Fregozo
- Deborah Briones
- Carter Andrus
- Christopher Burns (new addition)
- Nick Kittredge (former member)

The balance of experienced personnel signals a durable foundation as FIBRA Prologis continues to expand its operational footprint.

The Importance of a Strong Committee

The Technical Committee plays a crucial role in guiding FIBRA Prologis through strategic decisions, particularly in times of economic fluctuations and market challenges. Having individuals with proven expertise like Burns can facilitate informed decisions that align with the company's objectives. The directive approach taken by the company and its leadership aims to enhance operational efficiencies and catalyze growth in a competitive marketplace.

Looking Ahead

As FIBRA Prologis moves forward with these changes, there is optimism surrounding the future trajectory of the company. The decision to add Burns and express gratitude toward Ghazal is more than a mere reshuffling; it embodies a proactive strategy to ensure that FIBRA Prologis remains a leader in the industrial real estate sector in Mexico.

This latest development showcases FIBRA Prologis’ dedication to continuous improvement and its focus on steering the company toward achieving sustainable growth while optimizing its portfolio and enhancing shareholder value.

Conclusion

As the landscape of industrial real estate continually evolves, FIBRA Prologis is positioning itself to tackle challenges head-on while seizing opportunities for expansion. Changes to the Technical Committee reflect the organization's ambition and strategic foresight in adapting to both current and future market demands.