topstockalerts
Logistic Properties of the Americas rose in after-hours trading Wednesday after completing the $145 million sale of Parque Logístico Lima Sur to Peruvian REIT FIBRA Prime. The price represented a nearly 20% premium to the property’s book value before its Q2 2026 fair-value adjustment.
LPA received $85 million at closing, with the remaining $60 million payable in two $30 million installments over 12 and 24 months. To accelerate access to deferred proceeds, the company secured a $55 million credit facility from BTG Pactual at a fixed 8.5% annual rate.
LPA plans to reinvest the proceeds in its Mexican portfolio, including acquisitions and its previously announced agreement with Fortem Capital for stabilized assets at Central Park 57. The company will continue managing the Lima property for FIBRA Prime, generating management fees.
As of June 30, 2026, LPA had 34 logistics facilities across Costa Rica, Colombia, Peru and Mexico, totaling about 576,000 square meters of gross leasable area.
$LPA
3
3
