Key takeaways include:

• Inmobiliaria Vesta has capitalized on global trends post-Covid, with companies rethinking supply chains and moving towards "near-shoring" production.
• The company has been successful in securing deals with major manufacturers like Foxconn, Tesla, Eaton, and Thyssenkrupp, which is indicative of its growth and appeal.
• Vesta's strategic focus on logistics warehouses and industrial parks is aligned with the increased demand for manufacturing space close to the U.S. market.
• Potential risks include the real estate market's tendency for overbuilding and the impact of geopolitical changes, such as the policies of the incoming Mexican President-elect Claudia Sheinbaum.  That said, Quentin is optimistic about the incoming president's understanding of the manufacturing sector's significance to the nation's prosperity.
• The majority of Vesta's revenue and debt being in U.S. dollars is seen as a protective measure against currency fluctuation risks.
• Vesta's stock is currently trading at a price that we believe undervalues the company, given its prospects for growth in earnings and net asset value.