Vesta aims to double rental revenue by 2030
VTMX•Vesta aims to nearly double annual rental revenue to $489 million by 2030 from $251 million, investing $1.7 billion to develop 20.5 million square feet of additional space.
1. Growth targets
Vesta aims to nearly double annual rental revenue to $489 million by 2030 from $251 million. Its plan calls for $1.7 billion in investment to develop 20.5 million square feet of additional space.
2. Property value
Vesta projects its investment property value will reach $6.8 billion, including an estimated $1.5 billion increase in value.
