Logistic Properties Of The Americas ( (LPA) ) has released its Q2 earnings. Here is a breakdown of the information Logistic Properties Of The Americas presented to its investors.
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Logistic Properties of the Americas (LPA) is a prominent developer, owner, and manager of high-quality industrial and logistics real estate in Central and South America, catering to multinational and regional e-commerce retailers, third-party logistic operators, and retail distribution companies.
In its second quarter of 2025, LPA reported a revenue increase of 6.4% reaching $11.7 million, driven by building stabilizations in Peru and Costa Rica, and higher rental rates in Colombia. The company also noted a year-to-date revenue growth of 9.6%.
Key financial highlights include a 3.7% increase in Net Operating Income (NOI) to $9.6 million, despite a 17.5% rise in operating expenses. The occupancy rate of LPA’s operating portfolio was slightly down at 94.5%, and the company continued its share repurchase program, buying back $1.1 million worth of shares in the quarter. Additionally, LPA appointed Eduardo Nakash as Country Manager for Mexico to strengthen its presence in the expanding market.
Looking forward, LPA is optimistic about its growth prospects, focusing on expanding its logistics facilities in Mexico and leveraging favorable market conditions. The company aims to capitalize on strong demand for logistics space, driven by demographic trends and digital commerce, to enhance long-term income and portfolio value.
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