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Fibra Terrafina declares higher Q4'17 distribution

Fibra Terrafina declared 61.2972 Mexican centavos distribution per certificado bursátile fiduciario inmobiliario, or CBFI, for the 2017 fourth quarter.

The figure marks an uptick from the previous quarterly payout of 51.8824 centavos per CBFI. The industrial real estate investment trust will pay distributions, totaling about 484.9 million pesos, on March 13 to CBFI holders on record March 9.

As of March 5, US$1 was equivalent to 18.87 Mexican pesos.