Recent Updates — LPA
Logistic Properties of the Americas received definitive regulatory approval from Peru’s antitrust authority, INDECOPI, for the $145.0 million sale of Parque Logístico Lima Sur (PLS) to FIBRA Prime on September 11, 2026. The transaction involves a premier 1.3 million square foot logistics park in Peru. With this approval, only customary administrative closing matters remain before completion. The company expects net proceeds of approximately $85.0 million, before taxes, which will be redeployed into Mexico to capitalize on growth opportunities and generate higher risk-adjusted returns. Logistic Properties of the Americas is a developer, owner, and manager of institutional quality industrial and logistics real estate in Latin America.
Logistic Properties of the Americas reported second quarter 2026 financial results showing total revenue increased 26.1% to $14.7 million and net operating income rose 27.0% to a record $12.2 million. Same-property cash NOI grew 15.6% on a constant-currency basis, while stabilized occupancy reached 100.0%. The company announced a strategic alliance with FIBRA Prime involving the pending divestment of Parque Logístico Lima Sur for approximately $145.0 million, expected to generate roughly $85.0 million in net proceeds after debt repayment. Logistic Properties of the Americas is a developer, owner, and manager of institutional-quality logistics and industrial real estate across Latin America.
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.
Logistic Properties of the Americas filed a Form 6-K to furnish proxy materials for its Annual General Meeting scheduled for September 16, 2026. The meeting agenda includes the re-election of directors Mauricio Salgar and Francoise Lavertu, and the election of new director Pablo Ottado, following the non-nomination of Roger Lazarus. Additionally, shareholders will ratify Deloitte & Touche, S.A. as the company's auditor for 2026. The record date for voting is July 20, 2026, with 31,698,635 ordinary shares outstanding. This filing constitutes routine governance matters and does not contain material information affecting valuation or operations. Logistic Properties of the Americas operates in the industrial real estate sector, owning and operating logistics facilities primarily in Latin America.