Logistic Properties of the Americas develops, own, manages, and operates industrial and logistics real estate properties in Costa Rica, Colombia, and Peru. It serves third party logistics, retailer, consumer goods distribution, and others. The company is based in Miami, Florida.
Logistic Properties of the Americas Announces Second Quarter 2026 Earnings Results
LPA reported Q2 2026 revenue of $14.7 million, up 26.1% year-over-year, and NOI of $12.2 million, up 27.0%, driven by strong leasing activity and 100.0% portfolio occupancy.
Same-Property Cash NOI increased 15.6% on a constant-currency basis to $9.9 million, while average rent per square foot rose 10.0% to $8.88.
The company announced a strategic alliance with FIBRA Prime involving the pending $145.0 million divestiture of Parque Logístico Lima Sur, expected to generate $85.0 million in net proceeds.