Articles from Logistic Properties of the Americas

Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or “the Company”), announced today its audited consolidated financial results for the year ended December 31, 2024 ("FY24"). The financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (“IFRS”) 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 audited consolidated 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 platforms operating across the region.

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 Central and South America, announced today the reporting dates for its Fourth Quarter and Full-Year 2024 financial results.

Logistic Properties of the Americas (NYSE American: LPA) (“LPA” or the “Company”) announced that its entire operating portfolio achieved 100% occupancy, following the signing of a new lease agreement with a long-standing regional tenant and one of the world's leading logistics providers. The new lease covers 71,580 square feet of Gross Leasable Area at Building 400 in Parque Logistico Lima Sur (PLS) in Peru.

Logistic Properties of the Americas (NYSE American: LPA) (“LPA” or the “Company”), today announced that its management team will participate in a panel discussion at Citi’s 2025 Global Property CEO Conference on Monday, March 3, 2025 at 10:15 AM ET. LPA will also host individual meetings with investors during the conference. A copy of materials provided by the Company at the conference will be available in the “News & Presentations” section of LPA’s investor relations website at https://ir.lpamericas.com.

Logistic Properties of the Americas (NYSE American: LPA) (“LPA” or the “Company”) announced the execution of a USD-denominated lease with a leading third-party logistics provider and a subsidiary of Grupo Intercorp at their Parque Logístico Callao facility (PLC) in Lima, Peru. This five-year lease for 63,103 square feet replaces a prior lease and brings Building 100 to full occupancy, thereby reinforcing PLC’s status as Lima’s premier logistics hub.

Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or the “Company”), announced today that its Board of Directors has authorized a 12-month share repurchase program (the "Program") to buy back up to $10 million of the Company's outstanding ordinary shares, effective November 22, 2024. Under this program, LPA may repurchase its shares from time to time, based on equity market conditions, legal requirements, and other corporate considerations, under a 10b5-1 plan or similar trading arrangement. The Company intends to fund any repurchase of its shares using cash from operations. Any repurchased shares will be held in LPA’s treasury.

Logistic Properties of the Americas (NYSE American: LPA) (“LPA” or the “Company”), today announced the signing of a USD-denominated lease for 41,226 square feet of gross leasable area ("GLA") at Parque Logístico Callao with a leading third-party logistics provider that serves the pharmaceutical, medical device, and consumer goods sectors in Peru.

Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or the “Company”), announced today its unaudited financial results for the three months ended September 30, 2024 (“third quarter 2024” or “3Q24”). The Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (“IFRS”), 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 consolidated financial statements, including the notes thereto. Financial results are preliminary and subject to year-end audit and adjustments. 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 platforms operating across the region.

Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or the “Company”), announced today that it had entered into a strategic partnership with Inmobiliaria y Constructora Alas, S.A. de C.V. (“Falcon”), a leading real estate developer in Mexico, marking LPA’s entry into the Mexican market. The partnership with Falcon enables LPA to establish a strong foothold in Mexico’s rapidly growing manufacturing industry by adding two operating properties with a combined gross lease area of 257,677 square feet, anchored by DHL as a tenant, to LPA’s portfolio.

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 Central and South America, announced today the reporting dates for its Third Quarter 2024 financial results.

Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or the “Company”), a leading developer, owner, acquirer and manager of logistic and industrial real estate of international quality in Central and South America, and one of the few, internally managed, vertically-integrated, and institutional platforms operating across the region, today announced unaudited financial results for the three months ended June 30, 2024 (“second quarter 2024” or “2Q24”). Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (“IFRS”), which differs in certain significant respects from U.S. GAAP. This information should be read in conjunction with, and is qualified in its entirety by reference to, the Company’s consolidated financial statements, including the notes thereto. Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted. LPA’s financial results are stated in US dollars unless otherwise noted.

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 Central and South America, announced today the reporting dates for its Second Quarter 2024 financial results.

Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or the “Company”), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced the appointments of Françoise Lavertu and Javier Marquina as independent directors, increasing the Company’s board to seven members and the number of independent directors to six.

Logistic Properties of the Americas (“LPA” or the “Company”), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced that it will ring the Opening Bell at the New York Stock Exchange (“NYSE”) on May 30, 2024, to celebrate the Company’s public listing that followed its previously disclosed business combination with TWOA.

Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or the “Company”), a leading developer, owner, and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced the refinancing of $120 million of its mortgage loans related to the Company’s La Verbena Logistics Park in Costa Rica and Lima Sur Logistics Park in Peru.

Logistic Properties of the Americas (“LPA”), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced an evolution of its leadership structure establishing a COO role with a separate CFO position to further strengthen the team, aligned with LPA’s next phase of growth following its NYSE listing in March 2024.

LatAm Logistic Properties, S.A. (“LLP”), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, and two, a Cayman Islands exempted company (“TWOA”), today announced the successful closing of their previously disclosed business combination (the “Business Combination”). Upon the completion of the Business Combination, LLP and TWOA became subsidiaries of Logistic Properties of the Americas, a Cayman Islands exempted company ("LPA"). Beginning on March 28, 2024, LPA's ordinary shares are expected to begin trading on the NYSE American under the ticker symbol “LPA”.