Good morning, and welcome to the 2026 third quarter Fibra Mty's conference call. All information presented in this conference is proprietary, and all rights are reserved. The information has been prepared only for information purposes and is not a solicitation of an offer to buy or sell any securities. It is important to note that the presentation related to this conference is available at www.fibramty.com, and recordings of the call will be available on the website of the company in the next two hours. If you are connected using our webcast tool, you have the option to download the presentation in order to move the slides at your own pace. Let me remind you that the information discussed in today's call may include forward-looking statements on the company's future financial performance and prospects, which are subject to risks and uncertainties. Additionally, during this call, we may refer to certain non-GAAP financial measures. Actual results may materially differ, and the company advises not to rely on these forward-looking statements. Fibra Mty undertakes no obligation to publicly update or revise any forward-looking statement. With us this morning from Fibra Mty, we have Mr. Jorge Avalos, CEO, Jaime Martínez, CFO, Javier Llaca, COO and CIO, Eduardo Elizondo, legal counsel, and Cesar Rubalcava, investor relations. They will discuss on the most important strategic, financial, and operating aspects of the quarter. I will now turn the call over to Mr. Jorge Avalos. Good morning, and thank you for joining us. The third quarter of 2026, our first quarter reflecting three full months of consolidated results, marked another step in consolidating Fibra Mty as a leading Mexican industrial real estate platform. Following our acquisition of Fibra Macquarie, we completed our analysis of processes and systems across both platforms and began efforts to unify in a single operating and administrative platform. This work will accelerate once Fibra Macquarie's management is internalized, while we continue to leverage our increased scale and maintain financial and operating discipline. I want to take a moment to recognize the commitment and collaboration of the teams across both platforms. Integrating processes, systems, and workflows is never an easy task, and their efforts are essential to building a more efficient organization and creating sustainable long-term value for investors and tenants. In that same journey, we have concluded the second tender offer for the remaining Fibra Macquarie certificates not owned by us. Importantly, the second offer maintained the same per-certificate terms as the first. Official results will be published shortly. However, as discussed to investors last week, we have exceeded the 95% ownership threshold required to begin the process of the delisting Fibra Macquarie. The successful completion of this second tender will help integrated structure and the realization of synergies through the elimination of external advisory fees. On the other strategic fronts, we also continue to execute our investment and portfolio optimization strategy, completing office divestments in Nuevo León and Jalisco, totaling approximately MXN 1 billion, and an industrial acquisition in Guanajuato for more than $24 million. Looking ahead, we will continue to deploy our investment capacity, which exceeded $600 million at the quarter end. This amount will be adjusted depending on the outcome of the second tender offer, while proceeds from the ongoing sale of non-industrial assets will further increase our investment capacity. During the quarter, our non-speculative development pipeline grew significantly, particularly in expansions and build-to-suit projects. If negotiations continue to advance in good terms, we will prioritize these projects over stabilized acquisitions because of the higher expected returns. This approach reflects our disciplined capital allocation strategy and is particularly relevant as we are currently focused on integrating both platforms before pursuing further growth in assets under management. The current macroeconomic environment also represents opportunities. Pressure on U.S. interest rates reflect, among other factors, expectations for inflation and economic growth, partly driven by the expansion of artificial intelligence-related sectors, their infrastructure requirements, and resulting supply chain pressures. While these conditions pose financial challenges, they may also signal a better outlook for Mexico's industrial sector and consequently for Fibra Mty. On the other hand, our leases include inflation-linked adjustments mechanisms, and on the other hand, expansions and reorganization of global production networks could drive greater demand for industrial space in Mexico. The quality, location, and composition of our portfolio position us well to capitalize on these opportunities. Turning to capital markets, our recent move from the FTSE Small Cap Index to the FTSE Standard Index, generated more than $50 million of demand during the rebalance, further enhancing our market visibility and broadening our investor base. Building on this momentum, we are monitoring a potential inclusion in the MSCI Standard Index. In addition, the results of the second tender offer could further strengthen our market position and trading liquidity. This quarter's progress reflects our focus on leveraging our expanded scale into a more efficient and financially resilient platform. I thank our teams for their work and our investors for their confidence. As we enter the next stage in Fibra Mty evolution, we are excited to have you and be part of it. With that, I will turn the call over to Javier to review our follow-on commitments and real estate performance. Javier, please go on. Thank you, Jorge. Moving to slide three, I would like to revisit the commitment associated with our 2026 follow-on offering. Starting with investment deployment, we have deployed or committed approximately $350 million toward our $750 million industrial investment target, representing nearly half of the total. This includes the cash associated with Fibra Macquarie's tender offer, signed expansions, the acquisition we carried out this quarter, and a signed agreement for a potential $22 million acquisition, as previously disclosed. Consistent with Jorge's comments on the use of proceeds, these investments have a weighted expected return of 7.6%. We will continue to deploy selectively, prioritizing opportunities that meet our risk-adjusted return criteria rather than accelerating investments at the expense of discipline. On portfolio repositioning, we continue to sign new agreements and monetize previously agreed transactions, advancing towards our goal of becoming a fully industrial REIT by 2027. On liquidity, average daily trading volume has increased from approximately half a million dollars in the fourth quarter of 2023 to almost $2 million after our debut in global markets, and to approximately $5 million after the first quarter of 2026. This increase reflects the combined effect of our equity offerings and the tender offer. Slide four provides additional detail on our non-industrial asset recycling program. At the beginning of 2024, our office and retail portfolio had a combined fair market value of approximately $450 million. Within Fibra Mty's portfolio, we have now sold or entered into agreements covering half of the office segment and the entire retail segment. We currently have nearly $120 million of assets under negotiation, with only one building valued at less than $40 million yet to enter negotiations. This repositioning is intended to increase our industrial focus while preserving value through a measured disposal process. At this time, we cannot provide further details of the optimization of Fibra Macquarie's portfolio, as we are not yet officially its manager. We expect to provide an update soon. Moving to slide five, Fibra Mty's trading liquidity has improved materially over time. The quarterly average daily trading volume has remained between $4 million and $5 million since the first quarter of this year. Several factors have contributed to this evolution: the Fibra Macquarie acquisition, the March 2027 follow-on offering, inclusion in market indices, and greater demand from international investors. As Jorge noted, the results of the second tender offer and a potential inclusion on the MSCI Standard Index could further deepen our trading liquidity. Greater market depth would broaden the range of investors able to participate in our certificates and strengthen our access to equity capital over time. Moving on to property performance, as shown on slide six of the webcast material, same-property NOI grew 2.8% year-over-year in US dollar terms, reflecting continued operating momentum despite the impact of vacancies and bad debt expenses. The bridge shows approximately MXN 6.3 million of lost NOI from net vacancies, offset by MXN 20 million from inflation adjustments and renewals, and almost MXN 6 million from expansions. Other items reduced NOI by approximately MXN 3 million, primarily due to bad debt expenses, which I will address shortly. After the FX effect, same-property NOI reached approximately MXN 690 million. Acquisitions contributed approximately MXN 54 million in additional NOI to Fibra Mty standalone, bringing quarterly NOI to roughly MXN 745 million, with a standalone NOI above 91%. Additionally, Fibra Macquarie contributed more than MXN 870 million, bringing consolidated NOI to approximately MXN 1.6 billion, with a consolidated NOI margin of 86%. This quarter, we recognize a bad debt impact related to Athena, that is a Mexican manufacturing subsidiary of a business unit of First Brands Group, currently undergoing Chapter 7 liquidation proceedings under the US Bankruptcy Code. Separately, we agreed to an early termination under a lease agreement to carry out major property improvements, with a financial impact beginning in the fourth quarter of 2026. Together, these two items represent less than 1% of the combined NPPs credits. Beyond completing the necessary process to bring these properties back to market as soon as possible, we also have several opportunities to more than offset the resulting cash flow decline. This includes capturing potential lease spreads on upcoming renewals, leasing vacant space, and pursuing non-speculative development on our land reserves. We will discuss these opportunities later in the call. With that, I will turn the call over to Jaime to discuss our consolidated financial performance and capital structure. Jaime. Thank you, Javier. Slide seven highlights our first full quarter of consolidated results following the Fibra Macquarie acquisition at the end of May. Consolidated margins reflect Fibra Macquarie's lower margin profile, which we expect to begin optimizing once its management is internalized. The consolidated NOI margin was 86% and 78% for EBITDA. This reflects the combined operating cost structures at this early stage of integration. Fibra Mty's standalone margins show for the second quarter were 90% for NOI and 82% for EBITDA, providing a reference point for the potential benefits of a more integrated platform. In USD terms, consolidated NOI and adjusted EBITDA reached approximately 94 and 85 million US dollars, respectively, increasing more than 50% in both concepts. Compared with the second quarter, FFO increased 33% to more than $68 million, while AFFO increased around 25% to almost $60 million. The cash distribution comparison requires some context. The second quarter figure includes cash flows received from Fibra Macquarie that were generated before the acquisition. Therefore, the cash distribution line provides the most comparable view of assessing quarter-over-quarter performance compared to the other non-GAAP metrics. The slight decline was mainly driven by the bad debt impact Javier discussed earlier, as well as higher interest expenses. Based on our estimated cash flow for the full year, we expect to exceed our annual results guidance while continuing to execute strategic transactions that drive AFFO growth. Moving on, slide eight summarizes our capital structure as of September 30. We continue to maintain a solid capital structure with significant flexibility to address investment needs and refinance upcoming maturities. Consolidated loan-to-value remains below 35%, while net loan-to-value was below 26%, reflecting cash equivalent to approximately 10% of assets. Net debt to adjusted EBITDA stood at 4.1 times, and available credit lines represented almost 16% of assets. More than 85% of our debt is unsecured, almost 90% bears fixed rate, and virtually all debt is denominated in US dollars. The weighted average interest rate was 5.2%, with average debt maturity above three years. The maturity profile highlights the importance of continuing to manage refinancing needs across both trusts. Despite the interest rate environment, we are negotiating multiple transactions that could extend our debt maturities without sacrificing the competitiveness of our average interest rate, particularly as we compress our credit spreads. Our objective remains to preserve financial flexibility, maintain our investment-grade profile, and pursue opportunities to improve the debt structure as the integration progresses. With that, I will return the call to Javier to discuss market outlook and upside potential. Thank you, Jaime Martínez. Turning to the industrial market on slide nine, CBRE reports approximately 824 million sq ft inventory across the 13 markets presented, with a combined vacancy rate of 6% and 24.3 million sq ft of net absorption through September 2026. Mexico City and Guadalajara continue to be the top-performing markets, with leasing activity, vacancy, and construction trends remaining on a positive trajectory. Monterrey follows closely, supported by solid leasing activity and a more normalized level of construction compared with prior years. At the other end of the spectrum, Tijuana and Ciudad Juárez remain the laggards, with significant vacancy levels, although construction activity has moderated considerably. The remaining markets are broadly neutral, with activity more closely linked to non-speculative development. Apart from Mexico City, asking rents remain stable across markets, including Tijuana, where vacancy exceeds 20%. Overall, we continue to see significant strength in industrial market fundamentals supported by favorable tailwinds from economic growth and higher exports in sectors beyond the automotive industry, including electronics, data center components, and equipment related to artificial intelligence. We will continue to monitor absorption activity and attract occupancy to our portfolio in line with our investment guidelines, prioritizing high-quality tenants, USD-denominated and inflation-linked rents, and long-term leases. Moving to slide 10, the portfolio indicators remained virtually unchanged compared with those reported in the previous quarter. The combined portfolio continues to benefit from an established tenant base and leases with inflation-linked adjustments, while our 10 largest tenants represent less than 22% of total revenues. Our weighted average lease term remains slightly below four years, while we continue working to extend it and gradually converge towards our historical average of approximately five years. During the third quarter of 2026, combined leasing activity across Fibra Mty and Fibra Macquarie, including renewals and new occupancy, totaled more than 2.8 million sq ft of GLA. Approximately 90% of this activity was concentrated in the industrial portfolio and primarily involved USD-denominated leases. More than 80% of industrial leasing activity consisted of renewals with positive lease spreads of approximately 16%. Approximately 10% of lease revenues mature in the remainder of 2026, followed by 15% in 2027 and 12% in 2028. We are focused on early tenant engagement and disciplined negotiations as we manage this maturity schedule. I would like to turn the call over to Peter Gold, Head of Leasing, to provide further details on the upcoming lease maturities. Peter? Thank you, Javier, and good morning, everyone. Most lease maturities over the next 12 months are concentrated in the legacy Fibra Macquarie portfolio, so I will limit my comments to this portion of the Fibra Mty portfolio. Sentiment among our in-place customers remains positive, with a recent uptick in interest in long-term extensions. New leasing largely offset move-outs during the quarter, making for steady occupancy with a stable outlook, notwithstanding the challenging market conditions that have prevailed for several quarters now and have contributed to some move-outs. Record NOI in USD terms was driven by strong industrial rental rate growth of 1.7% quarter-over-quarter and a solid 17% leasing spread across 1.2 million sq ft of renewals. In addition, the USD-denominated share of industrial rents reached a record 93.8%, up approximately 60 basis points. The flow of new customers into the Mexican industrial market remains modest, with interest coming primarily from logistics and e-commerce players, as well as from manufacturers with an existing presence in Mexico, opportunistically seeking to rationalize their footprints. On rental growth, our full-year 2026 guidance for leasing spreads was 10%-15%, and on a last 12 months basis through the third quarter, we are running at 14.8%, so we feel comfortable about meeting our full-year guidance. For full-year 2027, we expect retention in the low 80s and renewal spreads in the high single digits, both of these consistent with this sector's historical levels. The current challenges notwithstanding, we continue to believe Mexico's industrial fundamentals remain supportive of long-term demand, particularly in markets with established manufacturing ecosystems and proximity to the U.S. market. On the topic of the imminent transition and the uniting of the MPA and Fibra Mty teams, I'm pleased to report that the collaboration has already begun. The Fibra Mty business development, MPA engineering, and MPA leasing teams have been working together closely on leasing and build-to-suit opportunities across the legacy Fibra Macquarie portfolio, and this collaboration is already yielding tangible commercial opportunities and results. The combined Fibra Mty and MPA teams leveraged an important Fibra Mty customer relationship to lease a 266,000-square-foot vacant spec building in the legacy Fibra Macquarie portfolio in Ciudad Juárez during Q3. In addition, the MPA engineering and Fibra Mty business development teams are working together on a number of build-to-suit projects. Combining Fibra Mty's portfolio with MPA's operating platform is already showing up in our results, and we remain confident that this contribution will grow. Javier? Thank you, Peter. Moving to slide 12. During the quarter, we delivered the first stage of the Garibaldi 1 expansion, comprising approximately 115,000 sq ft and at a 9.3% yield on cost. As a result, as of the third quarter of 2026, we have delivered more than $80 million of extensions at an average yield on cost of 10%. We also continued construction on projects totaling $38.4 million, with delivery dates scheduled throughout 2027. Connecting back to our earlier remarks regarding the potential upside, we continue to see a robust and steady growing pipeline of non-speculative development opportunities, offering higher expected returns than acquisition of stabilized properties. Within the Fibra Macquarie portfolio, approximately 800,000 sq ft are currently in the stabilization process, while the combined non-speculative development pipeline across both platforms is approaching $370 million. Importantly, our investments guidelines have not changed. We will continue to prioritize investments in income-producing properties and will not allocate capital to speculative development beyond our existing commitments. This disciplined approach allows us to capture the embedded growth potential of both platforms while maintaining our focus on cash flow generation and risk-adjusted returns. As we look ahead, we remain optimistic about our performance and prospects. We are grateful for the dedication of our teams as they advance several strategic priorities simultaneously, including the integration of our platforms, the optimization of our portfolio, and the continued enhancement of our capital structure. These efforts are all aimed at strengthening our platform and creating sustainable long-term value for our investors and tenants. With that, we conclude our prepared remarks and are ready to begin the Q&A session. Operator, please proceed. Ladies and gentlemen, to ask a question, please use the raise your hand button of your Zoom tool, or you can also type your question in the Q&A section of the Zoom platform. Our first question comes from Igor Machado from Goldman Sachs. Please, sir, go ahead. Good morning, team. Thanks for taking my question. I have two on my side. First one, now that the deal is closed, what leverage range do you expect going forward? We see LTV at 33%, so any color here for this metric going forward would help us. The second one, it would be great if you could give us more color on how the synergies from the internalization would flow through the EBITDA. That's it. Thank you. Hi, Igor. Thank you very much for joining us. I will answer your question regarding the loan-to-value guidance, and then Jorge will answer the synergies to EBITDA. Our loan-to-value guidance remains practically untouched. We remain with this approach towards going to be below 35% and a debt-to-EBITDA below five times. As you saw on our debt structure, we have roughly 10% of assets in cash. We are more focused towards deploying those resources and keep our loan-to-value target below that 35% that I just mentioned. Jorge, please. Yes. When we look to the potential of incremental cash flow per CBFI, we have three main drivers in value creation. I would say first that the operational efficiencies associated with the acquisition itself, that is for number one. By internalizing the management platform, eliminating external management fees, optimizing processes, and leveraging economies of scale, we believe that we can generate meaningful improvements. Secondly, we believe that there is significant opportunities within the existing portfolio, either from current vacant space and rent growth lease maturities. In there, we expect to capture positive leasing spreads, as Peter and Javier mentioned, particularly given the quality of the assets and the locations and the industrial market that we are operating right now. In third, the development potential associated with the more than 300 acres of land. We see several alternatives to unlock value in these land banks. We would see the first one, build-to-suit developments for existing tenants, potential strategic partnership with developers, and selective land sales. We believe that these opportunities, with capital discipline always, we will prioritize returns and cash flows, generation over growth, and particularly focusing on EBITDA growth. Perfect. Thank you. You are welcome. Thank you. Our next question comes from Anton Mortenkotter from GBM. Please, sir, go ahead. Hi, guys. Thank you for taking my question. With the significant increase in scale following the Fibra Macquarie acquisition, how, if at all, has your long-term strategy evolved, and how are you adapting the objectives and KPIs of key teams to reflect the combined company's scale and maybe new priorities? Yes, thank you for your question. We are currently going through structured discovery processes that will be followed by the integration phase. I would say that one of the most important elements of this transaction is the opportunity to capture operational synergies throughout the internalization of the platform, that is number 1, the elimination of external management fees, as we are an internally managed company, and the process of optimization and the common. However, I want to emphasize that we are not approaching this integration as a headcount reduction exercise. We believe there is significant complementary talent across both organizations, and our objective is to build a stronger, more efficient platform by leveraging the best capabilities of both teams. Ultimately, we believe that the value creation thesis behind this acquisition is not dependent on reducing personnel. It is about creating a more scalable, efficient, and competitive organization capable of delivering sustainable long-term growth that you will probably see within the next four quarters. Super. Thank you. You're welcome. Thank you. Our next question comes from Felipe Barragán from JPMorgan. Please, sir, go ahead. Hey, good morning, Fernando and Racine. Thanks for the call and for taking my question. I'd just like to get a sense on the tenant that ended up going through bankruptcy, the one related to First Brands. So we had a peer that also saw some bad debts incurred. Just want to get a sense if maybe you guys are seeing other tenants that might potentially have other sort of effects. I just want to get a sense of what's going on on the ground. Thank you. Hello, Felipe. Good morning. This is Javier Llaca. I mean, this is a structural thing across First Brands' network of subsidiaries. We are working closely with both the tenant and the authorities related to the bankruptcy process. We haven't seen, with the exception of the property that I mentioned before, a property that is going to undertake some repairs in order for us to reposition that property to the market. We haven't seen anything like that, at least materially, across the portfolio. Those two that we mentioned represent less than 1% of revenue for the portfolio. We have been very close to our tenants. We're monitoring any situation that might arise, but I can tell you that as of today, we haven't seen another case like First Brands across the portfolio. Got it. Thank you very much, Javier. Thank you. Once again, if you want to make a question, please use the feature and raise your hand in your Zoom tool. Our next question comes from Francisco Chávez from BBVA. Please, sir, go ahead. Hi. Thanks for the call and for taking my question. My question is regarding the integration process. After more than three months after the acquisition of Fibra Macquarie, what have been the main challenges in the integration, and how fast can you solve them? Thank you. Hi, Francisco. Thanks for your questions. Well, in general, the main problem or the main challenge is to integrate both platforms. Both are working, I mean, in a very good way, but we have to choose one, so we choose SAP. That's the main challenge that we are working with. We expect, and our ambitious target is to have both platforms working in one by the end of this, by the beginning of the next year. I think we can achieve that, even though it's a challenging one. Of course, the integration between both things, even though the relationship between both things is a constructive one, there's always a challenge between HR items, but we are optimistic about that. We believe that, Francisco, that the opportunity, as I mentioned before, bringing a new property management team within our company, we're very excited on that, and they also have very powerful, skilled people for the development and engineering. So we're very optimistic on that, and we believe that we can achieve many goals in the future for that through our accelerators that I mentioned before in my remarks. Great. Just a follow-up, if I may. Regarding the shopping malls of Fibra Macquarie portfolio, what is the plan? Do you plan to divest them next year, or how is this going? Thank you. Javier? Yes. Hello, Paco. How are you? Nice talking to you. Yes, as we mentioned during the presentation, our focus continues to become a 100% industrial REIT. We are going to approach and are approaching a potential divestment from the retail portfolio the same way that we did on the legacy office portfolio from Fibra Mty. We're already working on that, but I cannot give any further details other than those. But we're going to keep you apprised of the process, but our- Our objective is to eventually divest the retail portfolio. Right. Thank you. As a final reminder, if you want to make a question, please use the function "raise your hand" in your Zoom tool. Our next question comes from Elisa Gómez from BTG Pactual. Please go ahead. Hi. Good morning. Thanks for taking my question. Now that you have secured more than the 95% of Fibra Macquarie's acquisition of the fees, what timeline do you expect for the delisting and the internalization agreement to take effect, and for the synergies beyond the elimination of the advisory fee to materialize? Thank you. Yes, of course. The acceptance period for the second tender offer concluded on October 30. Based on the result, as you mentioned, we are ready now to initiate the process of the delisting. Today is the registration date of the process, and tomorrow we have the settlement. Following the satisfaction of the conditions of this internalization agreement and the completion of the tender offer, we expect to proceed tomorrow with the payment of the internalization consideration to Macquarie Asset Management, which is the current manager. Upon such payment, MAM will cease to serve as manager, and Mr. Alfredo Monterrey will formally assume that role. With respect to the remaining certificates not acquired through the other tender offer, we intend to promptly initiate the necessary steps to pursue the requisition. The timing for the delisting, we will start with these efforts soon. Of course, we will be paying close attention and be very close to the authorities to give more color on timing, but we will need to start another process soon, and perhaps by the first quarter of next year, we will be concluding that process. Perfect. Thanks. Just a follow-up. Do you know how much will be paid in cash of the second tender? Hi, Elisa. This is Cesar. Thank you very much for the question. The result will be publicly available in no time. As Waldo mentioned, we are in the registration, and tomorrow will be a settlement. The final perspective will be published in the next couple of hours or maybe tomorrow, and then you will be seeing how was the split between cash and shares consideration. Perfect. Thank you. Thank you, Elisa. With no further questions in the queue, I would like to return the call to the management for the close of this conference. Well, thank you, everyone, and we hope to hear you and see you soon. Thank you, and have a great week. Thank you. You may disconnect.