Earnings ·
Logistic Properties of the Americas filed its unaudited condensed consolidated interim financial statements and…
LPALogistic Properties of the Americas
Logistic Properties of the Americas filed its unaudited condensed consolidated interim financial statements and management discussion and analysis for the six months ended June 30, 2026. The company reported total revenues of $29.1 million, a 23.8% increase from the prior year period, driven by rental rate growth, lease expansions, new tenant commencements in Mexico, and favorable foreign exchange fluctuations. Profit for the period was $6.7 million compared to a loss of $54,000 in the same timeframe last year. Investment property valuation gains totaled $10.7 million, largely due to fair value adjustments reflecting announced transactions and increasing construction costs. The company maintains a 100% stabilized occupancy rate across its 34 operating properties in Costa Rica, Colombia, Peru, and Mexico, with a weighted average remaining lease term of 4.5 years. Logistic Properties of the Americas is a real estate investment trust that develops, owns, and manages logistics and industrial warehouse assets in Latin America.