SAN JOSÉ, Costa Rica, August 12, 2026-Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or “the Company”) announced today its unaudited consolidated financial results for the second quarter ended June 30, 2026 (“second quarter 2026” or “2Q26”). The financial results are expressed in U.S. dollars and are presented in accordance with International Accounting Standard (“IAS”) 34 – Interim Financial Reporting, as issued by the International Accounting Standards Board (“IASB”), which differs in certain significant respects from the U.S. Generally Accepted Accounting Principles (“GAAP”). This information should be read in conjunction with, and is qualified in its entirety by reference to, the Company’s condensed consolidated interim financial statements, including the notes thereto. All comparisons within this announcement are year-over-year (“YoY”), unless otherwise noted. LPA’s financial results are stated in U.S. dollars unless otherwise noted.
LPA is a leading developer, owner, acquirer and manager of logistics and industrial real estate of institutional quality in the Americas, and one of the few internally managed, vertically integrated, and institutional-quality platforms operating across the region.
We delivered yet another exceptional quarter in 2026. Total revenue increased 26.1% year-over-year and NOI expanded 27.0% to a record $12.2 million, extending the earnings momentum of our unique regional logistics platform. Peru again led growth as PepsiCo’s LEED Gold-certified facility at our Callao park contributed a full quarter of revenue and as new leases with Inkafarma and other tenants increased revenue from recently delivered space. Colombia also posted strong gains, supported by the lease of U.S.-based retailer PriceSmart, contractual inflation adjustments, and the appreciation of the country’s currency, while our properties in Puebla, Mexico contributed $0.5 million of rental revenue.
No less important, the strength of LPA’s underlying portfolio performance was equally impressive. Same-Property Cash NOI increased 15.6% on a constant-currency basis, average rent per square foot rose 10.0%, and stabilized occupancy was 100.0% for a third consecutive quarter. These results showcase the quality of our Class A logistics assets, the depth and durability of demand from global and regional tenants, and the pricing power we command with modern, well-located facilities in markets that remain structurally underserved. They also demonstrate the growing scale advantages of our platform, as G&A expenses declined while operating GLA, revenue and NOI all increased.
Another highlight is that our strong performance was broad-based. Peru’s rental revenue grew 50.4% as recently delivered capacity ramped up; Colombia’s rental revenue increased 29.3% through a combination of organic leasing and contractual escalations, and Costa Rica delivered 5.6% growth through renewals and re-leasing at higher rates. Mexico, albeit a still relatively small but soon to be growing portion of our property portfolio, continued to perform in line with our underwriting and added another source of diversified earnings. Across our markets, resilient domestic consumption, accelerating e-commerce adoption, supply chain regionalization, and the chronic structural undersupply of institutional-quality logistics infrastructure continue to support mid- and long-term tenant demand.
To effectively capitalize on the various long-term market opportunities before us, we remain focused on disciplined capital allocation, proactive asset management, and long-term value creation as a fully integrated, internally managed logistics and industrial real estate company. With the goal of establishing an additional value lever, we announced during the quarter our strategic alliance with FIBRA Prime, which begins with the pending $145.0 million divestment of Parque Logístico Lima Sur. Subject to customary approvals and closing conditions, the transaction is expected to generate approximately $85.0 million in net proceeds after debt repayment and before taxes, significantly increasing our flexibility to fund LPA’s next phase of growth, primarily in Mexico, and to drive higher returns on capital.
In closing, our operating portfolio is fully occupied, while approximately 92% of our 440,383-square-foot development pipeline is pre-leased, including the fourth building at Callao that is fully committed to a regional packaging manufacturer. That contracted backlog gives us visibility into future rental revenue growth and further strengthens LPA’s role as a partner of choice to industry leaders expanding across Latin America’s markets.
Quarter after quarter, we are delivering on our vision: bridging local insight with global impact.
Esteban Saldarriaga
Chief Executive Officer
Real Estate Portfolio
| As of June 30, 2026 | As of December 31, 2025 | As of June 30, 2025 | |
|---|---|---|---|
| Number of operating real estate properties | 34 | 34 | 31 |
| Operating GLA (sq. ft) | 5,804,146 | 5,804,261 | 5,292,588 |
| Leased area (sq. ft) | 6,208,826 | 5,992,995 | 5,606,033 |
| Number of tenants | 57 | 58 | 55 |
| Average rent per square foot | $8.88 | $8.65 | $8.07 |
| Weighted average remaining lease term | 4.5 years | 4.9 years | 5.0 years |
| Stabilized occupancy rate (% of GLA) | 100.0% | 100.0% | 94.5% |
Financial Performance
Revenues
(Amounts expressed in thousands of dollars, unless otherwise noted)
| For the three months ended June 30, | |||
|---|---|---|---|
| 2026 | 2025 | % Chg. | |
| Rental revenue | |||
| Costa Rica | $6,274 | $5,940 | 5.6% |
| Colombia | 3,107 | 2,402 | 29.3% |
| Peru | 4,885 | 3,248 | 50.4% |
| Mexico | 450 | — | NM |
| Unallocated revenue | 27 | 103 | (73.6%) |
| Total revenue | $14,743 | $11,693 | 26.1% |
Investment Property Operating Expenses
(Amounts expressed in thousands of dollars, unless otherwise noted)
| For the three months ended June 30, | |||
|---|---|---|---|
| 2026 | 2025 | % Chg. | |
| Investment property operating expense | |||
| Costa Rica | $(1,080) | $(959) | 12.6% |
| Colombia | (431) | (398) | 8.3% |
| Peru | (1,006) | (650) | 54.7% |
| Mexico | (32) | — | NM |
| Total investment property operating expense | $(2,549) | $(2,007) | 27.0% |
Please refer to LPA’s quarterly Supplemental Information and Management Discussion and Analysis, both of which are available on the Company’s Investor Relations website at: https://ir.lpamericas.com
When: Thursday, August 13, 2026, 9:00 a.m. Eastern Time/8:00 a.m. Central Time
Who: Mr. Esteban Saldarriaga, Chief Executive Officer, Mr. Paul Smith, Chief Financial Officer, and Mr. Camilo Ulloa, Investor Relations
Dial-in: +1 (833) 461 5787 (US Toll-Free) / +1 (585) 542 9983 (US/International Toll)
Conference ID: 941803188
Pre-Register: You may pre-register at any time: Click here. Callers will need to press # to be connected to an operator to access LPA’s financial results conference call via telephone.
Webcast: Click here.
A call recording will also be available for replay on LPA’s website for a limited time.
Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to sustain its growth through strong client relationships, local market insight, and the acquisition and development of high-quality, strategically located facilities in its target markets.
As of June 30, 2026, LPA’s operating and development portfolio comprised 34 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,136 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com.
This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore caution against relying on any of these forward-looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA’s ability to manage growth; (iii) LPA’s ability to continue to comply with applicable listing standards of NYSE American; (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA’s estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission. There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward-looking statements due to their inherent uncertainty. Nothing within this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
Camilo Ulloa
Logistic Properties of the Americas
+506 6293 9083
Barbara Cano / Ivan Peill
InspIR Group
barbara@inspirgroup.com / ivan@inspirgroup.com
Source: Logistic Properties of the Americas
The Company extends its solidarity to communities affected by the earthquake and confirms the safety of all employees and tenants at its logistics park in Colombia.
SAN JOSÉ, Costa Rica, August 11, 2026 – Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or “the Company”) today expressed its support for the people of Colombia following the August 10, 2026 earthquake in the western part of the country. The Company’s thoughts are with the families who lost loved ones, those who were injured, and the communities now facing recovery. Following an initial assessment, LPA confirmed that all employees and tenant personnel at its Parque Logístico Calle 80 facility in Colombia are safe and accounted for. The Company’s facilities sustained no damage and are fully operational.
Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas, said, “Our hearts are with everyone across Colombia who has been affected by this earthquake. We extend our deepest condolences to the families who have lost loved ones and stand in solidarity with the communities facing the recovery ahead. Colombia has been an important part of LPA’s history and growth, and today we stand with the country during this challenging time.
“We are grateful that all LPA and tenant employees at our Calle 80 logistics park are safe and that our facilities remain fully operational. Our foremost concern, however, is for the people, families, and communities impacted by this tragedy.”
Guillermo Zarco, Country Manager of LPA Colombia, added, “As Colombians, moments like these remind us of the strength, resilience, and solidarity that define our country. Our thoughts are with the families who are grieving and the communities now working to recover. We are thankful that our employees, customers, and partners are safe, and we remain committed to supporting our people and continuing to serve our customers. As the country moves forward, we will explore how LPA can contribute to the recovery in the weeks and months ahead.”
LPA’s Parque Logístico Calle 80 was developed and constructed in accordance with applicable seismic standards and, like all assets in the Company’s property portfolio, is fully insured against earthquakes and other natural disasters. Operations within the park saw minimal disruption in the hours immediately following the earthquake and have since returned to normal operations.
Logistic Properties of the Americas is a leading developer, owner, and manager of institutional-quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies, among others. LPA expects to continue its growth through strong client relationships, market insight, and the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio comprised 36 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,118 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com.
This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore cautions against relying on any of these forward-looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks, variability, and contingencies, many of which are beyond LPA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA’s ability to manage growth; (iii) LPA’s ability to continue to comply with applicable listing standards of NYSE American; (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA’s estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission. There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward-looking statements due to their inherent uncertainty.
Nothing within this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
Camilo Ulloa
Logistic Properties of the Americas
+506 6293 9083
Barbara Cano / Ivan Peill
InspIR Group
barbara@inspirgroup.com/ivan@inspirgroup.com
San José, Costa Rica, July 29, 2026 – Logistic Properties of the Americas (NYSE American: LPA) (“LPA” or the “Company”), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Latin America, announced today the reporting dates for its Second Quarter 2026 financial results.
Sale Generates Growth Capital for Mexico and Reflects Portfolio’s Substantial Premium to LPA’s Current Share Price
Lima, Peru — [June 17, 2026] — Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or “the Company”), today announced a strategic alliance with FIBRA Prime, a preeminent diversified Real Estate Investment Trust in Peru, through the divestment of Parque Logístico Lima Sur (“PLS”), a premier logistics park located in the Lurín submarket of Lima.
Subject to customary regulatory approvals and closing conditions, FIBRA Prime will acquire 100% of PLS for a total consideration of US$145.0 million, substantiating the carrying value of LPA’s real estate portfolio and its resulting book value of approximately $8.00 per ordinary share. The sale will generate US$85.0 million in net proceeds for LPA after debt repayment and before taxes, bolstering the Company’s financial flexibility to drive its expansion plans. PLS generated US$10.3 million in net operating income (cash NOI) for the last twelve months ended March 31, 2026, with the potential for further growth, underscoring the institutional quality and stabilized cash flow profile of the asset.
The landmark transaction represents a successful ’roundtrip’ of LPA’s vertically integrated platform, demonstrating the Company’s ability to source land, develop institutional-grade logistics properties, lease and stabilize assets through a diversified base of blue-chip customers, and ultimately realize value at attractive economics. PLS comprises approximately 1.3 million square feet of modern logistics space and has served as a core asset within LPA’s portfolio since its in-house development.
“This inaugural transaction is a clear confirmation of our regional platform’s ability to create and realize value across the entire real estate value chain,” said Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas. “It also further advances a path to a more asset-light model, to enhance profitability and purposefully position us to reallocate capital toward higher-return opportunities in Mexico.”
The Company expects to redeploy proceeds of the sale into its actionable investment pipeline in Mexico, where mid- and long-term demand fundamentals, strong domestic consumption, nearshoring and ecommerce tailwinds, as well as a robust acquisition and development opportunity set all offer compelling risk-adjusted returns. This capital is expected to be fully invested in stabilized, high-quality properties over the course of the next 12 to 18 months as LPA evaluates select opportunities across key submarkets of the country.
LPA remains fully committed to Peru and its other foundational markets. The Company will continue operating PLS on behalf of FIBRA Prime, maintaining responsibility for tenant relationships, service delivery, and operational excellence, while generating fee income. In addition, LPA’s Peru platform will remain anchored by Parque Logístico Callao (“PLC”), adjacent to Jorge Chávez International Airport and the Port of Callao, a cornerstone of the Company’s ongoing operations and future growth in the country.
Beyond the monetization of PLS, the alliance establishes a synergistic relationship with FIBRA Prime, a preeminent diversified REIT and institutional owner of stabilized commercial real estate in Peru. LPA envisions this relationship as a springboard for further collaboration in the future, strategically combining LPA’s strong development and operating capabilities with FIBRA Prime’s local and institutional capital base.
“PLS is the flagship logistics real estate asset in Peru and fits squarely within our long-term investment plans,” said Ignacio Mariátegui, Chief Executive Officer of FIBRA Prime. “Our alliance with LPA marks a pivotal moment in the institutionalization of Peru’s capital markets and reflects our conviction in the underpenetrated and undersupplied logistics property market in Lima.”
LPA continues to evaluate similar partnerships across its portfolio, aligned with its geographic reallocation of assets and aimed at enhancing value, funding reinvestment in higher-return opportunities and strengthening the Company’s ability to deliver best-in-class logistics solutions to companies operating across the Americas.
Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio was comprised of 36 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,118 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com.
FIBRA Prime is a publicly listed Real Estate Investment Trust (FIBRA) in Peru, structured as a fideicomiso de titulización para inversión en renta de bienes raíces and listed on the Bolsa de Valores de Lima (BVL: FIBPRIME). The company focuses on the acquisition, ownership, and management of institutional-grade, income‑producing real estate assets across Peru, including logistics, office, and retail properties. FIBRA Prime provides investors with exposure to a diversified portfolio of stabilized assets designed to generate recurring income through long-term leases, while offering liquidity and transparency through public market participation. The vehicle is managed by Administradora Prime S.A. and operates under the supervision of the Superintendencia del Mercado de Valores (SMV), adhering to institutional governance and reporting standards. As the first and one of the leading FIBRAs in Peru, FIBRA Prime plays a key role in the development of the country’s real estate capital markets, facilitating investment, promoting transparency, and supporting the growth of high-quality commercial real estate infrastructure.
This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore caution against relying on any of these forward-looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA’s ability to manage growth; (iii) LPA’s ability to continue to comply with applicable listing standards of NYSE American; (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA’s estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission. There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward-looking statements due to their inherent uncertainty.
Nothing within this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
Camilo Ulloa
Logistic Properties of the Americas
+506 6293 9083
ir@lpamericas.com
Barbara Cano / Ivan Peill
InspIR Group
barbara@inspirgroup.com / ivan@inspirgroup.com
Nos complace compartir que el Parque Logístico e Industrial Calle 80 logró certificar su Sistema de Gestión Ambiental local para las actividades de administración, operación y mantenimiento de áreas comunes bajo la norma ISO 14001:2015.
La ISO 14001:2015 es el estándar internacional que establece los requisitos para un Sistema de Gestión Ambiental. Su obtención implica que el parque cuenta con procesos formales para identificar los aspectos ambientales de sus operaciones, controlar sus impactos sobre el entorno, cumplir con la legislación aplicable y establecer objetivos de mejora continua en su desempeño ambiental. En el caso de Calle 80, el alcance certificado cubre la gestión de residuos, el uso eficiente de recursos como agua y energía, el control de aspectos ambientales significativos en zonas verdes y de circulación, y la atención a contingencias ambientales propias de la operación diaria.
Para nuestros inquilinos, esto se traduce en la confianza de operar dentro de un entorno gestionado bajo estándares internacionales, lo que aporta directamente a sus propios compromisos de sostenibilidad y a sus reportes ESG. Para LPA, este logro se enmarca dentro de nuestra estrategia de sostenibilidad (ESG) y reafirma el compromiso de desarrollar infraestructura logística e industrial responsable en la región, integrando la gestión ambiental como un componente estructural de la operación y no como una iniciativa aislada.
Felicitamos en particular al equipo de Colombia, donde el proceso fue liderado por la Sra. Catalina González, con el impulso del Sr. Guillermo Zarco y la gestión de nuestros asesores de Planearte a cargo de la Sra. Esmeralda Monguí y su equipo.
Cabe destacar la trayectoria hacia los mas altos estándares internacionales adoptados en la operación en Colombia, donde la propia certificación del SGA del parque se complementa con los sistemas tercerizados a proveedores con certificaciones ISO 9001, ISO 18788 e ISO 41001, entre otras.
Si tiene interés en conocer más sobre procesos de normalización y certificación de sistemas locales o corporativos, puede ponerse en contacto con uno de nuestros Gestores de Procesos.
SAN JOSÉ, Costa RIca, May 26, 2026 – Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or the “Company”), announced today that BTG Pactual has initiated equity research coverage of the Company.
Esteban Saldarriaga, Chief Executive Officer of LPA, said, “We are pleased that BTG Pactual has initiated coverage of LPA. As one of the leading investment banks serving institutional investors across the U.S., Europe, and Latin America. BTG brings broad reach and deep market expertise that we believe will enhance investor awareness and understanding of our platform, strategy, and long-term growth opportunity.” He continued, “Over the past decade, we have assembled an institutional-quality logistics real estate portfolio across Costa Rica, Colombia, and Peru, while recently expanding into Mexico, Latin America’s largest and most dynamic industrial market. We believe LPA is well-positioned to benefit from powerful structural tailwinds, including nearshoring, supply chain reconfiguration, and continued e-commerce growth across the region.”
A copy of the research report is available to eligible investors through BTG Pactual’s research distribution channels.
Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio was comprised of 36 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,118 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com.
This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore caution against relying on any of these forward-looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA’s ability to manage growth; (iii) LPA’s ability to continue to comply with applicable listing standards of NYSE American; (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA’s estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission. There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward-looking statements due to their inherent uncertainty.
Nothing within this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
Camilo Ulloa
Logistic Properties of the Americas
+506 6293 9083
camilo@lpamericas.com
Barbara Cano / Ivan Peill
InspIR Group
barbara@inspirgroup.com / ivan@inspirgroup.com
Expansion includes double-digit rental rate growth, reflects strong demand in supply-constrained Lima logistics submarket
LIMA, Peru (May 21, 2026) – Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or the “Company”), today announced the expansion of its existing lease agreement with Scharff Logística Integrada S.A. (“Sharf”) at Building 100 within Parque Logístico Callao, a premier logistics park located adjacent to Jorge Chávez International Airport in Callao, Peru.
Under the agreement, Scharf, an existing tenant at Parque Logístico Callao, will lease an additional 38,438 square feet at Building 100, further expanding its operational footprint within the park. The expanded lease is scheduled to commence on June 1, 2026 and underscores LPA’s continued ability to capture demand and drive occupancy growth, aligned with the Company’s asset‑optimization strategy, in one of Peru’s most supply‑constrained logistics submarkets.
The lease expansion was executed at market‑aligned rental rates and represents a double‑digit increase over the prior lease for the space, reflecting sustained demand for high‑quality, airport‑adjacent logistics facilities and LPA’s ability to capture embedded rental growth within its existing portfolio.
“We are pleased to expand our relationship with Scharf, a long‑standing logistics operator with a growing presence at Parque Logístico Callao,” said Álvaro Chinchayán, Country Manager for Peru at LPA. “This transaction reflects continued demand for high‑quality logistics space in strategically located, airport-adjacent submarkets and reinforces our strategy of supporting customers as they scale operations within our logistics parks.”
Esteban Saldarriaga, Chief Executive Officer of LPA, added: “This lease expansion demonstrates our ability to generate incremental value within our stabilized portfolio by capturing embedded rental growth while deepening relationships with high‑quality customers. Callao remains one of Peru’s most strategic logistics corridors, and demand for institutional‑quality logistics space in this submarket continues to outpace available supply.”
Scharf, one of Peru’s leading third‑party logistics (“3PL”) providers with more than 30 years of operating history, will use the additional space to support auto parts distribution operations for a global automotive brand. The expansion leverages Parque Logístico Callao’s strategic airport‑adjacent location and Class A infrastructure to meet stringent service and performance requirements.
Parque Logístico Callao benefits from direct access to Peru’s primary international airport and major transportation corridors, positioning the park as a preferred location for logistics operators requiring speed, reliability, and connectivity. LPA continues to advance its portfolio through disciplined leasing activity focused on enhancing cash flow visibility, customer quality, and long‑term asset value.
Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio was comprised of 34 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,118 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com.
This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore caution against relying on any of these forward-looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA’s ability to manage growth; (iii) LPA’s ability to continue to comply with applicable listing standards of NYSE American; (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA’s estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission. There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward-looking statements due to their inherent uncertainty.
Nothing within this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
Camilo Ulloa
Logistic Properties of the Americas
+506 6293 9083
ir@lpamericas.com
Barbara Cano / Ivan Peill
InspIR Group
barbara@inspirgroup.com / ivan@inspirgroup.com
Logistic Properties of the Americas Announces First Quarter 2026 Earnings Results
Growth Momentum Continues, as Revenues Grow 21.6% YoY and NOI increases 28.6%
SAN JOSÉ, Costa Rica, May 13, 2026 – Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or “the Company”), announced today its unaudited consolidated financial results for the first quarter ended March 31, 2026 (“first quarter 2026” or “1Q26”). The financial results are expressed in U.S. dollars and are presented in accordance with International Accounting Standard (“IAS”) 34 – Interim Financial Reporting, as issued by the International Accounting Standards Board (“IASB”), which differ in certain significant respects from the U.S. Generally Accepted Accounting Principles (“GAAP”). This information should be read in conjunction with, and is qualified in its entirety by reference to, the Company’s condensed consolidated interim financial statements, including the notes thereto. All comparisons within this announcement are year-over-year (“YoY”), unless otherwise noted. LPA’s financial results are stated in U.S. dollars unless otherwise noted. LPA is a leading developer, owner, acquirer and manager of logistics and industrial real estate of institutional quality in the Americas, and one of the few internally managed, vertically integrated, and institutional-quality platforms operating across the region.
We are off to an exceptional start in 2026. Revenue surged 21.6% year-over-year and NOI expanded 28.6%, underscoring the powerful earnings trajectory of our regional logistics platform as recently stabilized and acquired assets begin to fully ramp. Peru delivered standout performance, driven by the successful stabilization of new buildings at our Callao logistics park, anchored by the LEED Gold-certified facility delivered to PepsiCo, which sharply accelerated rental revenue growth. The DHL-anchored properties we acquired last year in Mexico added further fuel to the quarter, validating both the strategic value of our initial entry into this much larger, high-growth market and the significant opportunity ahead.
Just as importantly, this growth was powered by the strength of our underlying portfolio – not portfolio expansion alone. Same-Property Cash NOI climbed 10.9%, average rent per square foot rose 9.8%, and stabilized occupancy held at a full 100.0% across our operating portfolio. These results showcase the exceptional quality of our Class A logistics assets, the depth and durability of demand from global and regional tenants, and the significant pricing power we command with modern, well-located facilities in markets that remain structurally underserved. They also underscore the operating leverage materializing in our platform: NOI outpaced revenue growth for yet another quarter.
Equally notable, we delivered this performance against a backdrop of continued macroeconomic and political volatility across our markets and globally, including an unforeseen one-time emergency tax in Colombia, a presidential transition in Peru, and escalating conflict in the Middle East. While these developments created near-term noise and incremental costs, they in no way detract from the strength of our underlying operations, our team’s ability to navigate complex environments, or our conviction in the fundamentals and secular trends of the markets and global customers we serve. If anything, they reinforce our conviction. Across Costa Rica, Peru, Colombia, and Mexico, the fundamental mid- and long-term demand drivers remain firmly intact and increasingly compelling: resilient domestic consumption, accelerating e-commerce adoption, supply chain regionalization, and pronounced structural undersupply of institutional-quality logistics infrastructure. Combined with the strength of our platform and the caliber of our team, we are exceptionally well positioned to continue capturing this opportunity.
Against this backdrop, we remain laser-focused on disciplined capital allocation, proactive asset management, and long-term value creation as a fully integrated, internally managed logistics and industrial real estate company. Our execution is deliberate, and our strategy is built to compound value through cycles. With roughly 92% of our development pipeline already pre-leased, meaningful embedded rent growth potential, and a fully occupied operating portfolio, LPA is exceptionally well positioned to accelerate its expansion, scale its regional footprint, and further compound its earnings power. We are not just growing – we are strengthening our position as the only truly cross-border, diversified logistics partner for leading companies expanding across the Americas.
Quarter after quarter, we are delivering on our vision: bridging local insight with global impact.
Esteban Saldarriaga
Chief Executive Officer
| As of March 31, 2026 | As of December 31, 2025 | As of March 31, 2025 | |
| Number of operating real estate properties | 34 | 34 | 31 |
| Operating GLA (sq. ft) | 5,804,261 | 5,804,261 | 5,292,588 |
| Leased area (sq. ft) | 6,208,639 | 5,992,995 | 5,810,181 |
| Number of tenants | 57 | 58 | 57 |
| Average rent per square foot | $8.74 | $8.65 | $7.96 |
| Weighted average remaining lease term | 4.7 years | 4.9 years | 5.0 years |
| Stabilized occupancy rate (% of GLA) | 100.0% | 100.0% | 98.0% |
Revenues
(Amounts expressed in thousands of dollars, unless otherwise noted)
| For the three months ended March 31, | |||
| 2026 | 2025 | % Chg. | |
| Rental revenue | |||
| Costa Rica | 6,198 | 6,001 | 3.3% |
| Colombia | 2,996 | 2,400 | 24.8% |
| Peru | 4,706 | 3,364 | 39.9% |
| Mexico | 461 | — | NM |
| Unallocated revenue | 38 | 75 | (49.5%) |
| Total revenue | $14,398 | $11,840 | 21.6% |
(Amounts expressed in thousands of dollars, unless otherwise noted)
| For the three months ended March 31, | |||
| 2026 | 2025 | % Chg. | |
| Investment property operating expense | |||
| Costa Rica | (935) | (849) | 10.1% |
| Colombia | (383) | (459) | (16.5%) |
| Peru | (905) | (1,030) | (12.2%) |
| Mexico | (19) | — | NM |
| Total investment property operating expense | $(2,242) | $(2,338) | (4.1%) |
Please refer to LPA’s quarterly Supplemental Information and Management Discussion and Analysis, both of which are available on the Company’s Investor Relations website at: https://ir.lpamericas.com
1Q26 Earnings Conference Call
When: Thursday, May 14, 2026, 9:00 a.m. Eastern Time/8:00 a.m. Central Time
Who: Mr. Esteban Saldarriaga, Chief Executive Officer, Mr. Paul Smith, Chief Financial Officer, and Mr. Camilo Ulloa, Investor Relations
Dial-in: +1 800 715 9871 (North American Toll-Free), +1 646 307 1963 (USA/International)
Conference ID: Conference ID: 1974421
Pre-Register: You may pre-register at any time: Click here. Callers will need to press # to be connected to an operator to access LPA’s financial results conference call via telephone.
Webcast: Click here.
A call recording will also be available for replay on LPA’s website for a limited time.
Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio was comprised of 34 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,118 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com.
This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore caution against relying on any of these forward-looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA’s ability to manage growth; (iii) LPA’s ability to continue to comply with applicable listing standards of NYSE American; (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA’s estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission. There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward-looking statements due to their inherent uncertainty.
Nothing within this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
Camilo Ulloa
Logistic Properties of the Americas
+506 6293 9083
ir@lpamericas.com
Barbara Cano / Ivan Peill
InspIR Group
barbara@inspirgroup.com / ivan@inspirgroup.com
Water Tower Research analyst Eric Goldstein has initiated coverage of Logistic Properties of the Americas (NYSE American: LPA), highlighting the Company’s differentiated Class A logistics real estate platform, focus on high-growth markets, and the long-term demand drivers supporting modern logistics infrastructure across the Americas.
The report highlights LPA’s presence across Costa Rica, Peru, Colombia, and Mexico, as well as the Company’s strategy of combining local market expertise with institutional-quality infrastructure and regional scale.
As LPA continues expanding its platform, the Company remains focused on supporting evolving supply chains, nearshoring trends, and growing demand for modern logistics facilities across the region.
Read the full report here
LatinFinance recently featured Logistic Properties of the Americas (NYSE American: LPA) in an article focused on the Company’s expansion strategy in Mexico.
In the interview, CEO Esteban Saldarriaga discussed LPA’s capital recycling program, which could generate between $50 million and $100 million through selected asset sales in Peru, Colombia, and Costa Rica, while maintaining a presence in those markets.
The article also highlights LPA’s recently announced agreement to acquire a $200 million portfolio of Class A industrial properties in Tepeji del Río, Hidalgo, within Central Park 57, a large-scale industrial and logistics park located along the Mexico–Querétaro highway.
This coverage reinforces LPA’s strategic focus on disciplined growth, capital allocation, and expansion in key logistics corridors across the Americas.
Read the full article on LatinFinance.
https://latinfinance.com/daily-brief/2026/04/22/lpa-to-fund-mexico-expansion-with-latam-asset-sales/
