Vesta presents USD 1.7 billion development plan through 2030
VTMX•Vesta plans to invest USD 1.7 billion in development through 2030, targeting doubled rental revenue and a portfolio of 63 million square feet.
1. Development targets
Vesta’s planned development totals 20.5 million square feet, which would take its portfolio to 63 million square feet and its investment property value to USD 6.8 billion. Funding is expected to come from debt, operating cash flow, and equity and capital recycling; occupancy across its 233 industrial properties stands at 93.9%.




