Logistic Properties Q1 revenue rises on higher rental revenues in Peru

Logistic Properties of The Americas

13/05/2026 21:42

Overview

Latin America logistics real estate firm's Q1 revenue rose 21.6% yr/yr, driven by Peru and Colombia

Net operating income up 28.6%, reflecting improved operating leverage in Colombia and Peru

General and administrative expenses rose 13.3% due to one-time tax charge in Colombia

Outlook

Company says mid- and long-term demand drivers remain strong across core markets

LPA says about 92% of its development pipeline is already pre-leased

Result Drivers

PERU RENTAL GROWTH - Revenue growth was mainly driven by a 39.9% increase in rental revenues in Peru, reflecting the stabilization of newly constructed buildings in the Callao Logistics Park

COLOMBIA RENTAL RATE INCREASES - Revenue in Colombia rose 24.8%, driven by rental rate growth and a positive foreign exchange effect

MEXICO ACQUISITIONS - Mexico contributed $0.5 mln of rental revenue from two investment properties acquired in Puebla in August 2025

Company press release: ID:nBw3cgCJ4a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$14.4 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)