Logistic Properties of the Americas Sells Property in Peru; Shares Surge -- Update

Dow Jones06-18

By Kelly Cloonan

Logistic Properties of the Americas plans to sell a logistics park in Lima, Peru for $145 million to real estate investment trust Fibra Prime.

The deal sent LPA's stock surging, up 59% to $4.99 in after-hours trading Wednesday. At market close, shares were up 15% year to date.

The industrial and logistics real estate developer and owner said it would divest its Parque Logístico Lima Sur property to Fibra Prime as part of a strategic alliance.

LPA expects the sale to generate $85 million in net proceeds after debt repayment and before taxes.

LPA expects to put the proceeds toward its pipeline in Mexico, where the company sees higher-return opportunities given mid- and long-term demand fundamentals, strong domestic consumption, nearshoring and e-commerce tailwinds, it said. The company expects to fully invest the capital from the sale into properties over the course of the next 12 to 18 months.

LPA plans to continue operating the logistics park on behalf of Fibra Prime, with responsibility for tenant relationships and service delivery. The logistics park has about 1.3 million square feet of modern logistics space and is located in the Lurín submarket of Lima.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

June 17, 2026 17:31 ET (21:31 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2644722860?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-18 05:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2644722860","market":"sg","top_or_hot":-1,"title":"Logistic Properties of the Americas Sells Property in Peru; Shares Surge -- Update","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Kelly Cloonan \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/LPA\">Logistic Properties</a> of the Americas plans to sell a logistics park in Lima, Peru for $145 million to real estate investment trust Fibra Prime. \n</p>\n<p>\n  The deal sent LPA's stock surging, up 59% to $4.99 in after-hours trading  Wednesday. At market close, shares were up 15% year to date. \n</p>\n<p>\n  The industrial and logistics real estate developer and owner said it would divest its Parque Logístico Lima Sur property to Fibra Prime as part of a strategic alliance. \n</p>\n<p>\n  LPA expects the sale to generate $85 million in net proceeds after debt repayment and before taxes. \n</p>\n<p>\n  LPA expects to put the proceeds toward its pipeline in Mexico, where the company sees higher-return opportunities given mid- and long-term demand fundamentals, strong domestic consumption, nearshoring and e-commerce tailwinds, it said. The company expects to fully invest the capital from the sale into properties over the course of the next 12 to 18 months. \n</p>\n<p>\n  LPA plans to continue operating the logistics park on behalf of Fibra Prime, with responsibility for tenant relationships and service delivery. The logistics park has about 1.3 million square feet of modern logistics space and is located in the Lurín submarket of Lima. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 17, 2026 17:31 ET (21:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Logistic Properties of the Americas Sells Property in Peru; Shares Surge -- Update</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLogistic Properties of the Americas Sells Property in Peru; Shares Surge -- Update\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-18 05:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Kelly Cloonan \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/LPA\">Logistic Properties</a> of the Americas plans to sell a logistics park in Lima, Peru for $145 million to real estate investment trust Fibra Prime. \n</p>\n<p>\n  The deal sent LPA's stock surging, up 59% to $4.99 in after-hours trading  Wednesday. At market close, shares were up 15% year to date. \n</p>\n<p>\n  The industrial and logistics real estate developer and owner said it would divest its Parque Logístico Lima Sur property to Fibra Prime as part of a strategic alliance. \n</p>\n<p>\n  LPA expects the sale to generate $85 million in net proceeds after debt repayment and before taxes. \n</p>\n<p>\n  LPA expects to put the proceeds toward its pipeline in Mexico, where the company sees higher-return opportunities given mid- and long-term demand fundamentals, strong domestic consumption, nearshoring and e-commerce tailwinds, it said. The company expects to fully invest the capital from the sale into properties over the course of the next 12 to 18 months. \n</p>\n<p>\n  LPA plans to continue operating the logistics park on behalf of Fibra Prime, with responsibility for tenant relationships and service delivery. The logistics park has about 1.3 million square feet of modern logistics space and is located in the Lurín submarket of Lima. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 17, 2026 17:31 ET (21:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LPA","symbol_name":"Logistic Properties","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2644722860","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644722860","pubTimestamp":1781731860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Logistic Properties of the Americas plans to sell a logistics park in Lima, Peru for $145 million to real estate investment trust Fibra Prime.The deal sent LPA's stock surging, up 59% to $4.99 in after-hours trading  Wednesday. At market close, shares were up 15% year to date.The industrial and logistics real estate developer and owner said it would divest its Parque Logístico Lima Sur property to Fibra Prime as part of a strategic alliance.LPA expects the sale to generate $85 million in net proceeds after debt repayment and before taxes.LPA expects to put the proceeds toward its pipeline in Mexico, where the company sees higher-return opportunities given mid- and long-term demand fundamentals, strong domestic consumption, nearshoring and e-commerce tailwinds, it said. The company expects to fully invest the capital from the sale into properties over the course of the next 12 to 18 months.LPA plans to continue operating the logistics park on behalf of Fibra Prime, with responsibility f","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LPA":"Logistic Properties","GLS.SI":"Lion SG Phy Gold S$","BK4233":"房地产运营公司","CLR.SI":"LION-PHILLIP S-REIT","SRT.SI":"CSOP S-REITs INDEX ETF","JJJ.SI":"Lion-Nomura Japan Active ETF","CFA.SI":"NikkoAM-STC Asia REIT","BK4539":"次新股","SRU.SI":"CSOP iEdge SREIT ETF US$"},"translate_title":"美洲物流地产出售秘鲁房产；股价飙升——更新","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLS.SI":0.6,"JJJ.SI":0.6,"SRT.SI":0.6,"SRU.SI":0.6,"CLR.SI":0.6,"CFA.SI":1.5,"LPA":1.5},"content_text":"By Kelly Cloonan \n\n\n \n\n\nLogistic Properties of the Americas plans to sell a logistics park in Lima, Peru for $145 million to real estate investment trust Fibra Prime. \n\n\n  The deal sent LPA's stock surging, up 59% to $4.99 in after-hours trading  Wednesday. At market close, shares were up 15% year to date. \n\n\n  The industrial and logistics real estate developer and owner said it would divest its Parque Logístico Lima Sur property to Fibra Prime as part of a strategic alliance. \n\n\n  LPA expects the sale to generate $85 million in net proceeds after debt repayment and before taxes. \n\n\n  LPA expects to put the proceeds toward its pipeline in Mexico, where the company sees higher-return opportunities given mid- and long-term demand fundamentals, strong domestic consumption, nearshoring and e-commerce tailwinds, it said. The company expects to fully invest the capital from the sale into properties over the course of the next 12 to 18 months. \n\n\n  LPA plans to continue operating the logistics park on behalf of Fibra Prime, with responsibility for tenant relationships and service delivery. The logistics park has about 1.3 million square feet of modern logistics space and is located in the Lurín submarket of Lima. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 17, 2026 17:31 ET (21:31 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2644722860","isCrawlerRequest":true}