Welcome to our dedicated page for Logistic Properties news (Ticker: LPA), a resource for investors and traders seeking the latest updates and insights on Logistic Properties stock.
Logistic Properties of the Americas (LPA) delivers modern warehouse logistics solutions across Central and South America, specializing in Class A properties within high-demand markets. This page provides investors and industry professionals with a comprehensive repository of official company announcements and market developments.
Access curated press releases detailing LPA's strategic acquisitions, financial results, and portfolio expansions. Our collection focuses on material updates including property development milestones, management initiatives, and market positioning strategies within the logistics real estate sector.
All content is verified for accuracy and relevance, offering insights into LPA's operations in regions with significant supply-demand imbalances. Bookmark this page to efficiently track the company's progress in developing mission-critical logistics infrastructure while navigating complex emerging markets.
Logistic Properties of the Americas (NYSE: LPA) reported strong Q1 2025 financial results with revenue increasing 12.9% to $11.8 million. The growth was primarily driven by building stabilizations in Peru and Costa Rica, along with positive rental rate growth. Net Operating Income (NOI) rose 6.0% to $9.4 million, while Same-Property Cash NOI decreased 4.3% to $8.6 million. The company maintained a high occupancy rate of 98.0% in its operating portfolio.
LPA secured significant leases in Peru, including 63,109 sq. ft. at Parque Logístico Callao and 71,580 sq. ft. at Parque Logistico Lima Sur. General and Administrative expenses increased 112.1% to $3.6 million. The company continued its share repurchase program, buying back an additional $0.8 million in shares. Post-quarter, LPA announced plans to expand Parque Logístico Callao with a new 227,172 sq. ft. facility that is already 70% pre-leased.
Logistic Properties of the Americas (NYSE: LPA) has announced the filing of its Form 20-F Annual Report for fiscal year 2024 with the SEC on April 7, 2025. The report covers the fiscal year ended December 31, 2024, and includes Amendment No. 1. Shareholders can access the Annual Report through the SEC website or LPA's Investor Relations website. The company is offering free hard copies of the Annual Report containing audited consolidated financial statements to shareholders upon request through their Investor Relations Department.
Logistic Properties of the Americas (NYSE American: LPA), a leading developer and manager of Class A industrial and logistics real estate in Central and South America, has scheduled its First Quarter 2025 financial results announcement.
The company will release its earnings report on Wednesday, May 14, 2025, after market close. A conference call will follow on Thursday, May 15, 2025, at 9:00 a.m. ET (8:00 a.m. CT).
Interested parties can participate through:
- USA Toll-Free: (800) 715-9871
- USA/International Toll: +1 (646) 307-1963
- Conference ID: 6436556
A webcast option is available, and a recording of the call will be accessible on LPA's website for a limited time.
Logistic Properties of the Americas (LPA) announced plans to expand its Parque Logístico Callao property in Peru with a new 215,300 sq. ft. facility called Building 200. The project has already secured 73.1% pre-leasing commitments, including Peru's largest consumer products company (96,000 sq. ft.) and largest pharmacy chain (67,000 sq. ft.).
The development, scheduled for completion in first half 2026, will be strategically located near the Port of Callao and Jorge Chávez International Airport. Upon completion, Parque Logístico Callao will feature four Class A buildings totaling 1,044,432 sq. ft. of Gross Leasable Area serving Lima's 11+ million residents.
The facility aims for EDGE certification with select buildings targeting LEED Gold certification, demonstrating LPA's commitment to sustainability. This expansion follows the recent full occupancy achievement of Building 100, with all new leases denominated in US dollars.
Logistic Properties of the Americas (NYSE American: LPA), a leading developer and manager of Class A industrial and logistics real estate in Central and South America, has scheduled its Fourth Quarter and Full-Year 2024 financial results announcement.
The company will release its earnings report on Wednesday, April 2, 2025, after market close. A conference call will follow on Thursday, April 3, 2025, at 9:00 a.m. ET (8:00 a.m. CT). Investors can participate by dialing (888) 672-2415 for North American toll-free access or +1 (646) 307-1952 for international calls, using Conference ID: 6436556. A webcast will be available, and a recording will be accessible on LPA's website for a time.
Logistic Properties of the Americas (NYSE American: LPA) has achieved 100% occupancy across its operating portfolio following a new lease agreement for 71,580 square feet at Building 400 in Parque Logistico Lima Sur (PLS) in Peru. The tenant is a global logistics provider operating in over 100 countries, specializing in consumer goods, e-commerce, and pharmaceuticals.
PLS comprises six Class A buildings with 1,519,300 square feet of total Gross Leasable Area, all leased in US dollars. Located in Lima's Lurin district, the facility features sustainable elements including a grey water treatment and recycling system. The park has received two final EDGE certifications from GBCI, with Building 200 achieving EDGE Advanced certification.
Logistic Properties of the Americas (NYSE American: LPA) has announced its upcoming participation in Citi's 2025 Global Property CEO Conference. The company's management team is scheduled to take part in a panel discussion on Monday, March 3, 2025, at 10:15 AM ET.
During the conference, LPA will engage in individual meetings with investors. The company will make conference materials available to the public through the 'News & Presentations' section of their investor relations website at https://ir.lpamericas.com.
Logistic Properties of the Americas (NYSE American: LPA) has announced full occupancy of Building 100 at their Parque Logístico Callao (PLC) facility in Lima, Peru, following a new five-year USD-denominated lease for 63,103 square feet with a Grupo Intercorp subsidiary. The lease brings PLC's existing 421,321 square feet of Gross Leasable Area (GLA) to 100% occupancy.
Upon completion, PLC will comprise four Class A buildings totaling 1,044,432 square feet of GLA. The facility, located next to Jorge Chávez International Airport, is designed to meet EDGE certification standards, with some buildings targeting LEED Gold certification. The project is expected to generate 300 construction jobs and 1,000 operational jobs when fully completed.
Logistic Properties of the Americas (NYSE American: LPA) has announced a new share repurchase program authorized by its Board of Directors. The program allows for the buyback of up to $10 million of outstanding ordinary shares over a 12-month period, effective November 22, 2024. The repurchases will be funded through cash from operations and executed under a 10b5-1 plan. CEO Esteban Saldarriaga stated this initiative reflects confidence in the business strength and aims to address current market dislocation while highlighting the company's dollar-denominated real assets and platform value.
Logistic Properties of the Americas (NYSE American: LPA) has signed a USD-denominated lease for 41,226 square feet at Parque Logístico Callao with a leading third-party logistics provider in Peru. This brings the facility's occupancy to 85.9% of its 418,543 square feet currently under construction. The master-planned Class A logistics park, located near Jorge Chávez International Airport in Lima, will ultimately comprise four buildings totaling 1,044,432 square feet. The project aims for EDGE certification with some buildings targeting LEED Gold certification and is expected to create 300 construction jobs and 1,000 operational jobs when completed.
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