Exhibit 99.8
Translation for Informational Purposes
CORPORACIÓN INMOBILIARIA VESTA, S.A.B. DE C.V. ANNUAL REPORT OF THE INVESTMENT COMMITTEE
Fiscal year 2025
Dear shareholders and members of the board of directors of Corporación Inmobiliaria Vesta, S.A.B. de C.V:
The undersigned acting as president of the investment committee of Corporación Inmobiliaria Vesta, S.A.B. de C.V. (the “Company”), hereby submit to your consideration, the annual activity report of the investment committee during the fiscal year ended on December 31st, 2025.
During the fiscal year of 2025, the investment committee was integrated as follows:
| Member | Office | Character |
| Douglas M. Arthur | President | Independent Board Member |
| Stephen B. Williams | Member | Independent Board Member |
|
Lorenzo Manuel Berho Corona |
Member |
Executive Chairman of the Board of Directors |
| Craig Wieland | Member | Independent Board Member |
| Manuela Molina Peralta | Member | Independent Board Member |
The performance of the investment committee during the fiscal year of 2025 was according with the applicable rules set forth by the board of directors.
During the fiscal year ended on December 31st, 2025, the investment committee met twice on: (i) June 30th and (ii) November 14th.
The investment committee focused on (1) approving and/or recommending the board of directors to approve the acquisition of new land for future developments in the different regions where the Company has presence, (2) approving the development of infrastructure within its land reserves, and (3) approving the development of inventory and built to suit buildings within its land reserves.
During 2025, the investment committee approved projects for the amounts set forth in each case:
| Type of Investment | Amount |
| Land acquisition | US$238,610,000 |
|
Recommendations to the board to approve land acquisitions |
US$206,300,000 |
| Development of infrastructure | US$147,910,000 |
| Development of inventory buildings | US$51,820,000 |
| Total amount approved | US$438,340,000 |
Mexico City, January 19th, 2026
/S/ Douglas M. Arthur
President of the Investment Committee of Corporación Inmobiliaria Vesta, S.A.B. de C.V.