Logistic Properties of the Americas (LPA) Wins $145 Million Sale Approval. Can Mexico Replace Peru Income?
Logistic Properties of the Americas (LPA) received approval to sell its Lima logistics park for $145M. FIBRA Prime will acquire the 1.3M sq ft park, with LPA expecting $85M net proceeds. LPA plans to reinvest in Mexico, aiming to replace the income from Lima Sur, which generated $10.3M in cash NOI. LPA's Q2 revenue grew 26.1% to $14.7M, with 100% portfolio occupancy.
How this was made

The 30-second read
Why it matters
The sale removes a stable cash‑flow asset but provides capital for higher‑growth Mexican properties.
Market read
Deal size and clear deployment plan make this a material event for LPA shareholders.
What to watch
Tax treatment of proceeds and timing risk of a 12‑18 month deployment horizon.
Background
Logistic Properties of the Americas (LPA) is a REIT focused on logistics assets in Latin America.
Ticker impact
Regulatory approval of the $145M sale of Parque Logístico Lima Sur enables the REIT to redeploy proceeds in Mexico.
Short-term upside as investors price in the cash infusion and growth prospects.
Deal size is material, proceeds are sizable, and the company has a clear deployment plan.
Market effects
May signal increased M&A activity in Latin American logistics REITs.
Potential boost to Mexican logistics property market as new capital arrives.
Limited to niche REIT sector, no broad market effect.
Counterpoint
Proceeds may be misallocated, leading to lower returns if Mexican assets underperform.
Key entities
- buyerFIBRA Prime
Acquirer of the Lima Sur logistics park.
