Logistic Properties of the Americas sells Peru’s Parque Logístico Lima Sur for US$145 million
LPA•
LPA•Logistic Properties of the Americas sold Parque Logístico Lima Sur in Peru to FIBRA Prime for US$145 million, nearly 20% above carrying value before a Q2 2026 fair value adjustment. It received US$85 million at closing, with US$60 million due in two installments.
Logistic Properties of the Americas closed the sale of Parque Logístico Lima Sur to FIBRA Prime for US$145 million. The company received US$85 million at closing; the remaining US$60 million is due in two US$30 million installments 12 and 24 months later. It entered a US$55 million credit facility with BTG Pactual at a fixed 8.50% rate to accelerate access to the deferred proceeds. The company will continue managing the logistics park for FIBRA Prime, generating fee income, and earmarked the sale proceeds for expansion in Mexico.