Logistic Properties of the Americas SEC filings document its reporting as a Form 20-F filer and its current reports on Form 6-K. The record includes annual reporting, audited and unaudited consolidated financial statements, management discussion and analysis, and supplemental corporate information for an internally managed logistics real estate company operating in Costa Rica, Colombia, Peru, and Mexico.
The filings also furnish press releases and exhibits covering financial-result announcements, reporting dates, lease and development updates, and material property acquisition agreements. LPA reports results in U.S. dollars under IFRS and IAS interim reporting, with disclosures tied to rental revenue, occupancy, development activity, and portfolio expansion across Class A industrial assets.
Logistic Properties of the Americas Chief Operating Officer Annette Fernandez Pagan reported her equity holdings in a Form 3 filing. She holds 6,300 Ordinary Shares directly. In addition, she has several grants of Restricted Stock Units (RSUs) under the 2024 Equity Incentive Plan, each RSU representing one Ordinary Share upon vesting.
One RSU award tied to calendar year 2025 will vest in roughly equal thirds on April 1, 2026, April 1, 2027, and April 1, 2028, subject to continued employment. A second RSU award will vest 100% on April 1, 2027. A third RSU award for calendar year 2024 vested one-third on April 1, 2025, with remaining thirds scheduled to vest on April 1, 2026 and April 1, 2027, also contingent on ongoing employment.
Logistic Properties of the Americas Chief Executive Officer Esteban Saldarriaga filed an initial Form 3 reporting his equity holdings, mainly in the form of restricted stock units (RSUs) tied to Ordinary Shares. He holds RSUs covering 50,000, 120,000 and 50,000 Ordinary Shares, plus 10,500 Ordinary Shares received from vested RSUs.
The filing notes that 6,167 Ordinary Shares were withheld from the vested amount to cover taxes. Several RSU awards were granted under the 2024 Equity Incentive Plan, with vesting schedules running through April 1, 2028, and each RSU representing one future Ordinary Share upon vesting, subject to continued employment.
Logistic Properties of the Americas director Mauricio Salgar filed an initial ownership report showing equity awards and shares tied to his role. He reports two Restricted Stock Unit awards, each covering 7,500 Ordinary Shares, granted on May 15, 2024 and April 1, 2025 under the 2024 Equity Incentive Plan. These RSU awards were fully vested as of their grant dates. He also reports 15,000 Ordinary Shares related to RSUs and a separate holding of 2,500 Ordinary Shares, all held directly.
Logistic Properties of the Americas Chief Financial Officer James Paul Smith-Marquez has reported his initial equity holdings. The filing shows he directly holds 8,610 Ordinary Shares, after 5,056 shares were withheld for taxes on vesting. He also holds two Restricted Stock Unit awards covering 41,000 underlying Ordinary Shares each, tied to 2024 and 2025 grants that vest in roughly one-third installments from April 1, 2025 through April 1, 2028, as long as he remains employed.
Logistic Properties of the Americas insider Zarco Berdejo Guillermo Jose, who serves as Colombia Country Manager, filed an initial Form 3 to report beneficial ownership status. The filing shows no reported transactions or derivative positions, indicating this is a baseline disclosure of his insider status.
Logistic Properties of the Americas director Diego Durruty has reported his equity holdings. The filing shows Restricted Stock Unit awards under the company’s 2024 Equity Incentive Plan, representing a total of 15,000 Ordinary Shares, from two fully vested RSU grants of 7,500 underlying shares each.
Logistic Properties of the Americas director Javier Marquina filed an initial statement of beneficial ownership. He reports 15,000 Ordinary Shares underlying restricted stock units granted under the 2024 Equity Incentive Plan, which vested in full upon grant, plus 9,462 Ordinary Shares held directly.
Logistic Properties of the Americas reported strong full-year 2025 growth and returned to profitability. Revenue rose 14.3% to $50.1 million, driven by building stabilizations in Peru, rental rate growth in Colombia and Peru, and initial contributions from newly acquired properties in Mexico.
Net operating income (NOI) increased 11.9% to $41.0 million, while profit for the year reached $16.1 million, compared with a $19.4 million loss in 2024 that had included a large one-time listing expense. In the fourth quarter alone, revenue grew 23.3% year over year and NOI rose to $11.6 million, highlighting accelerating momentum.
The operating portfolio expanded to 5.8 million square feet across 34 properties with a 100.0% occupancy rate. Average rent per square foot increased 11.0% to $8.65, and Same-Property Cash NOI grew 5.0% for 2025. The balance sheet showed investment properties of $649.8 million, total debt of $295.3 million, and a leverage ratio of 40.2%.
LPA also advanced its growth pipeline. It entered a forward purchase agreement representing an approximately US$200 million investment in Class A industrial properties in Central Park 57 in Mexico and is developing a 224,427 square foot project in Peru with an estimated development yield in the low-teens. Management emphasized strong tenant demand, fully stabilized occupancy across Costa Rica, Colombia, Peru, and Mexico, and high pre-leasing levels in its development portfolio as key supports for continued earnings growth into 2026.
Logistic Properties of the Americas has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The report is available on the SEC’s website and in the SEC Filings section of the company’s investor relations site, and shareholders can request a free hard copy with audited consolidated financial statements.
The company describes itself as a leading developer, owner, and manager of industrial and logistics real estate in high‑growth, high‑barrier markets across Latin America. As of December 31, 2025, its operating and development portfolio consisted of 35 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 560,000 square meters, or about 6.0 million square feet, of gross leasable area.
The press release also includes standard forward‑looking statement language, noting that expectations about future growth and performance are subject to economic, regulatory, competitive, and other risks discussed in its SEC filings.
Logistic Properties of the Americas, a Cayman Islands company focused on industrial and logistics real estate in Costa Rica, Colombia, Peru and Mexico, files its 2025 Form 20-F, reporting 31,617,815 Ordinary Shares outstanding as of December 31, 2025 and IFRS-based audited financial statements.
The filing explains that LPA was created to complete a business combination with TWOA and LatAm Logistic Properties, making those entities wholly owned subsidiaries and treating LLP’s history as LPA’s. LPA is an emerging growth company, a foreign private issuer and a controlled company, so it uses reduced SEC and NYSE American governance and reporting requirements while JREP holds majority voting power.
Extensive risk disclosures highlight exposure to real estate cycles, tenant concentration and lease defaults, competition for logistics space, development and construction cost inflation, supply chain disruption, and interest rate volatility on $295.3 million of debt. The company also details prior covenant breaches and waivers, political and currency risks in its Latin American markets, potential eminent domain and regulatory issues, and dilution and market risks tied to a standby equity purchase agreement with New Circle.