Logistic Properties of the Americas wins Peru antitrust approval for USD 145 million Lima logistics park sale to FIBRA Prime
LPA•Expected proceeds earmarked for reinvestment in Mexico
Management expects about USD 85 million of net proceeds before taxes, and said the capital will be earmarked for reinvestment in Mexico.
Peru antitrust approval clears key hurdle for Lima logistics park sale
Logistic Properties of the Americas secured INDECOPI clearance for a USD 145 million sale of Parque Logístico Lima Sur to FIBRA Prime.
The deal covers a 1.3 million-square-foot logistics park in Peru; closing now hinges on customary administrative steps.
