FIBRA Macquarie México Announces Leadership Changes

• Simon Hanna appointed Chief Executive Officer
• Andrew McDonald-Hughes appointed Chief Financial Officer
• Nick O’Neil appointed Chair of Technical Committee

MEXICO CITY--(BUSINESS WIRE)--FIBRA Macquarie México (“FIBRA Macquarie”) (BMV: FIBRAMQ) today announced that Simon Hanna, previously Chief Financial Officer (“CFO”), has been appointed FIBRA Macquarie’s Chief Executive Officer (“CEO”), replacing Juan Monroy. The appointment follows Mr. Monroy’s decision to step down as CEO and Chair of FIBRA Macquarie’s Technical Committee. Andrew McDonald-Hughes, previously FIBRA Macquarie’s Head of Capital Markets and M&A, has been appointed CFO. Nick O’Neil replaces Juan Monroy as Chair of FIBRA Macquarie’s Technical Committee. All appointments are effective immediately and Mr. Monroy will remain in an advisory role until 31 May to assist with the transition process.

"We are excited to have Simon take on the role of CEO at a time of great momentum and opportunity for FIBRA Macquarie,” said Jaime de la Garza, lead independent member of the Technical Committee of FIBRA Macquarie. “Simon brings a wealth of organizational knowledge to the CEO role, and Andrew is a seasoned leader who understands all aspects of our corporate strategy and has vast experience in both the Mexican real estate sector and global capital markets."

“I want to thank Juan for his many valuable contributions to FIBRA Macquarie and we wish him well in his future endeavors,” said Brett Robson, Global Head of Macquarie Asset Management Real Estate. “I am confident that Simon and Andrew will continue to lead FIBRA Macquarie on its existing strategic path, built on a strong foundation of a resilient portfolio and strong balance sheet."

Simon Hanna and Andrew McDonald Hughes have each been part of FIBRA Macquarie’s leadership team for almost 10 years. Simon Hanna has served as FIBRA Macquarie’s CFO since 2013, during which time FIBRA Macquarie has become a premier owner of institutional quality industrial and retail real estate with a best-in-class internal property management platform.

Biographical Details – Simon Hanna

Simon Hanna most recently served as the Chief Financial Officer of FIBRA Macquarie since July 2013. In this role, he has led more than $US2.0 billion in capital markets activities for the FIBRA and was also instrumental in the 2014 establishment and leadership of MPA, FIBRA Macquarie’s internal property administration platform along with driving the development and execution of FIBRA Macquarie’s ESG strategy. Prior to his appointment to the FIBRA Macquarie leadership team, he served on the leadership teams of the Macquarie Russia & CIS Infrastructure Fund and Macquarie European Infrastructure Fund series. Simon joined Macquarie Group in its Sydney office in 1999, where he supported the Corporate Asset Finance division, a business focusing on leasing and lending activities. Simon holds a Bachelor of Commerce from the University of New South Wales and is a qualified member of the Institute of Chartered Accountants (Australia).

Biographical Details – Andrew McDonald-Hughes

Andrew McDonald-Hughes most recently held the position of Head of Capital Markets and M&A for FIBRA Macquarie Mexico since 2015 and led FIBRA Macquarie’s real estate growth initiatives and capital markets activities. Andrew joined Macquarie Asset Management Real Estate division in 2007. During this time, Andrew focused on a range of real estate activities across Funds and principal investment positions, including real estate development projects across the industrial, office and residential sectors. Andrew joined the FIBRA Macquarie team in Mexico City in 2013. Prior to joining Macquarie Group, Andrew worked in the JLL capital markets business in Sydney. Andrew holds a Bachelor of Property Economics (Hons) from the University of Technology, Sydney.

Biographical Details – Nick O’Neil

Nick O’Neil is chairman of FIBRA Macquarie’s Technical Committee and is the only non-independent member of the Committee. Nick has been a member of the Real Estate Committee of the Manager since the establishment of FIBRA Macquarie in 2012. In addition to this role, he serves as the Chief Financial Officer for Macquarie Infrastructure Holdings, LLC (“MIC”). Prior to taking this position with MIC, Nick led Macquarie Asset Management’s Real Assets’ business in Mexico and its expansion in Latin America across infrastructure and real estate. He led the establishment of Macquarie Asset Management’s first Real Assets fund in Latin America, Macquarie Mexican Infrastructure Fund in 2009, and the establishment of FIBRA Macquarie, one of Mexico’s first listed REITs, in 2012. He holds both a Bachelor of Arts and Bachelor of Laws from Bond University, Australia.

About FIBRA Macquarie

FIBRA Macquarie México (“FIBRA Macquarie”) (BMV:FIBRAMQ) is a real estate investment trust (fideicomiso de inversión en bienes raíces), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties. FIBRA Macquarie’s portfolio consists of 236 industrial properties and 17 retail properties, located in 20 cities across 16 Mexican states as of December 31, 2021. Nine of the retail properties are held through a 50/50 joint venture. For additional information about FIBRA Macquarie, please visit www.fibramacquarie.com.

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