FIBRA Nova Announces Amendment Agreement with RR Donnelley

FIBRA Nova, a Mexican real estate investment trust, announces a modified agreement with RR Donnelley to extend a lease contract and make improvements to a property in Ciudad Juárez.

FIBRA Nova and RR Donnelley extend the lease contract in Ciudad Juárez. Photo: FIBRA Nova.

By: SiiLA News

05/03/2022

FIBRA Nova (FNOVA), a Mexican real estate and infrastructure trust, announces the signing of an amendment agreement with RR Donnelley for the lease extension and property improvements in Ciudad Juarez.

This agreement extends the lease term for 5 years from the substantial completion date of the improvements, with the option of three additional renewal periods of 3 years each. RR Donnelley is a U.S. Fortune 500 integrated communications company that provides business and marketing communications, commercial printing, and related services.

FIBRA Nova, identified as No. F/2870, is a real estate investment trust (FIBRA) that started operations on August 3, 2017. Its strategy focuses on acquiring, leasing, operating, and developing real estate in sectors with economic dynamism, capturing the benefits of the demographic bonus, such as the industrial, retail, and educational sectors.

Read the full article (in Spanish).

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