Logistic Properties of the Americas Announces Third Quarter 2026 Earnings Results
Key Highlights
- ➤Total revenue rose 19.3% to $15.4 million in 3Q26
- ➤NOI increased 21.1% to $12.6 million
- ➤Stabilized occupancy reached 100.0%, versus 97.9% in 3Q25
- ➤LPA agreed to sell Calle 80 park for approximately $152 million
- ➤Panamericana Sur development represents approximately $85 million investment, with LPA owning approximately 11%
Expert Statements
Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas
“Our strong third quarter results reflect the continued contributions of new properties we have delivered and leased across the region.”
Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas
“The persistent structural scarcity of Class A logistics facilities continues driving higher market rates that we continue capturing through lease renewals, re-leasing of space, and new tenants.”
Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas
“Although property operating costs increased significantly in the quarter, mainly as new facilities within LPA’s Callao park ramped up, that operational scaling contributed a proportionally larger increase in rental revenue and drove operating leverage.”
Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas
“The core objective of the strategy is to establish a new value lever by creating a self-funding growth engine that sells certain mature assets and then reallocates the capital toward investing in new, higher returning ones, directing most of this additional investment capacity toward expansion in Mexico.”
Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas
“In addition, future growth investments will be made in partnership with institutional partners, enabling a capital-light approach.”
Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas
“These arrangements preserve our local operating presence and maintain the extensive regional scope of LPA’s platform as we strategically change how we fund the next phase of growth to generate higher risk-adjusted returns on capital.”
Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas
“Our aim is to strategically rebalance and build a substantially broader regional operating platform, increase the efficiency of LPA’s capital, and translate expansion into significant and durable earnings growth for our fellow shareholders.”
Logistic Properties of the Americas Announces Third Quarter 2026 Earnings Results
Total Revenue Increases 19.3% YoY as LPA Advances Its Capital-Light Strategy
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