Logistic Properties of the Americas releases transcript of first-quarter 2026 earnings call

Logistic Properties of the Americas

Logistic Properties of the Americas

LPA

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  • Logistic Properties of the Americas held first-quarter 2026 earnings call attended by Investor Relations Officer Camilo Ulloa, CEO Esteban Saldarriaga Gaviria, CFO James Paul Smith Marquez, and analysts from Sidoti, BTG Pactual, and Water Tower Research.
  • Revenue rose 21.6% and NOI increased 28.6% with platform 100% occupied; same-property NOI gained 10.9% and average rent per square foot climbed 9.8% to $8.74.
  • Management framed Mexico as key growth market, citing Fortem Capital agreement to acquire about $200 million of stabilized dollar-denominated Class A assets in Central Park 57 starting in second and third quarters; funding to include debt, local equity partners, and asset sales.
  • Asset recycling focus centered on mature, stabilized properties in Colombia and Peru; CEO pointed to potential yield compression from 11%-12% development yields to 7%-8% monetization levels, with proceeds targeted for higher-return Mexico deployments.
  • CFO pegged Colombia emergency tax impact at about $400,000; valuation swung to $9.2 million loss mainly from $7.2 million reduction in Colombia tied to updated assumptions, while net debt to investment properties ended quarter at 42.1%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Logistic Properties of The Americas published the original content used to generate this news brief on May 15, 2026, and is solely responsible for the information contained therein.