Logistic Properties of the Americas

Sale of stabilized, non-core property monetizes a mature asset, contributing additional investment capital to fund LPA’s expansion into Mexico SAN JOSÉ, Costa Rica--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, "LPA" or the "Company") announced today the sale of Bodegas Aurora, a stabilized, non-core logistics property in Heredia, Costa Rica, for a gross purchase price of US$6.6 million. The transaction reflects LPA’s active portfolio management approach of monetizing certain mature assets and redirecting the resulting capital toward higher-return opportunities, primarily in Mexico.Bodegas Aurora comprises approximately 103,440 square feet of net rentable area across two multi-tenant logistics buildings in Aurora, Heredia, one of Costa Rica’s established industrial submarkets. The property is leased to a diverse base of tenants spanning the manufacturing, retail, consumer goods, office and logistics sectors and currently generates approximately US$560,000 of annual net operating income.LPA intends to redeploy most of the sale’s net proceeds into investment opportunities focused on growing the Company’s Mexico platform.Esteban Saldarriaga, Chief Executive Officer of LPA, said: “The sale of Bodegas Aurora demonstrates the discipline with which we manage our regional property portfolio. Although the asset is stable and performs well, it is no longer core to the unique cross-border platform that we are methodically expanding. This latest divestment enables us to crystallize more of the value we have created and put that capital to work in Mexico, where the opportunity set is broader and the growth runway is considerably longer.”Luis Carlos Conejo, Country Manager for Costa Rica, added: “Since acquiring Bodegas Aurora in 2020, we have significantly increased its occupancy, strengthened the tenant mix and stabilized the property’s cash flows. With that work completed, now is the right moment to capture more value through active asset management that also focuses our Costa Rica portfolio on assets that are the strongest long-term strategic fit for LPA’s regional platform.”The sale of the Bodegas Aurora property is expected to follow the pending sale of Parque Logístico Lima Sur in Peru, further advancing LPA’s capital reallocation strategy: actively managing the Company’s property portfolio by recycling capital resulting from the divestment of mature or non-core assets and directing it toward opportunities with stronger long-term growth profiles and higher return potential.The all-cash transaction is structured as a direct asset transfer and remains subject to confirmatory due diligence and customary closing conditions, with its closing expected in the fourth quarter of 2026.About Logistic Properties of the AmericasLogistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue growing through strong client relationships, local market insight, as well as the acquisition and development of high-quality, strategically located facilities in its target markets. As of June 30, 2026, LPA’s operating and development portfolio comprised 34 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,136 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%

SAN JOSÉ, Costa Rica--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, "LPA" or the "Company"), announced today that members of its executive management team will participate in the Water Tower Research Virtual Insights Conference, which will take place on September 22 and 23, 2026. Representing LPA at the virtual conference will be Chief Executive Officer Esteban Saldarriaga and Chief Financial Officer Paul Smith. A live webcast of a fireside chat with Mr. Saldarriaga will be at 1:30pm ET on Tuesday, September 22 and can be accessed at: Click Here. A replay of the fireside chat will be available following the event. Management will also participate in virtual one-on-one meetings with pre-qualified investors participating in the conference. About Logistic Properties of America Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue growing through strong client relationships, local market insight, as well as the acquisition and development of high-quality, strategically located facilities in its target markets. As of June 30, 2026, LPA’s operating and development portfolio comprised 34 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,136 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com. Forward-Looking Statements This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore caution against relying on any of these forwar

SAN JOSÉ, Costa Rica--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or “the Company”) announced today that it has received approval from Peru’s antitrust authority, INDECOPI, for LPA’s previously announced $145.0 million sale of Parque Logístico Lima Sur (“PLS”), a premier 1.3 million square foot logistics park in Peru, to FIBRA Prime. With regulatory approval now received, the only remaining items are customary administrative closing matters. Esteban Saldarriaga, Chief Executive Officer of LPA, said, “INDECOPI’s approval clears the final regulatory hurdle to closing this landmark transaction with FIBRA Prime, a preeminent diversified Real Estate Investment Trust in Peru. We remain on track to complete the divestment of this institutional quality asset and proceed with redeploying the approximately $85.0 million of net proceeds, before taxes, into Mexico, a key growth market for LPA. This will mark a new phase of value creation as we strategically recycle capital into growth opportunities that generate higher risk-adjusted returns across our unique regional logistics platform.” About Logistic Properties of the Americas Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue growing through strong client relationships, local market insight, as well as the acquisition and development of high-quality, strategically located facilities in its target markets. As of June 30, 2026, LPA’s operating and development portfolio comprised 34 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,136 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com. Forward-Looking Statements This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore caut

Sustained Growth Momentum, with Revenues Growing 26.1% YoY and NOI increasing 27.0% SAN JOSÉ, Costa Rica--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or “the Company”) announced today its unaudited consolidated financial results for the second quarter ended June 30, 2026 (“second quarter 2026” or “2Q26”). The financial results are expressed in U.S. dollars and are presented in accordance with International Accounting Standard (“IAS”) 34 - Interim Financial Reporting, as issued by the International Accounting Standards Board (“IASB”), which differs in certain significant respects from the U.S. Generally Accepted Accounting Principles (“GAAP”). This information should be read in conjunction with, and is qualified in its entirety by reference to, the Company’s condensed consolidated interim financial statements, including the notes thereto. All comparisons within this announcement are year-over-year (“YoY”), unless otherwise noted. LPA’s financial results are stated in U.S. dollars unless otherwise noted.LPA is a leading developer, owner, acquirer and manager of logistics and industrial real estate of institutional quality in the Americas, and one of the few internally managed, vertically integrated, and institutional-quality platforms operating across the region.2Q26 Financial and Operating HighlightsTotal revenue increased 26.1% to $14.7 million in 2Q26. Growth was led by a 50.4% increase in rental revenue in Peru, primarily reflecting PepsiCo’s lease at Callao Logistics Park and the rapid lease-up of space that was scheduled to be vacated. Rental revenue increased 29.3% in Colombia, driven by new leasing, contractual local inflation adjustments and favorable foreign exchange movements; without the foreign exchange accounting effect, the increase in Colombia’s revenue would have been 11.0%. In addition, Mexico contributed $0.5 million of revenue from the two investment properties acquired in Puebla in August 2025.Net Operating Income (“NOI”) increased 27.0% to $12.2 million in 2Q26, driven by higher rental revenue across the Peru and Colombia segments and by Mexico’s revenue contribution, which began in 3Q25.Same-Property Cash NOI increased 15.6% to $9.9 million in 2Q26 on a constant-currency basis, primarily due to higher rental rates and increased occupancy.Operating GLA increased 9.7% to 5.8 million square feet across 34 operating properties, compared to 5.3 million square feet across 31 operating properties as of June 30, 2025. Average rent per square foot increased 10.0% to $8.88, primarily driven by contractual rent escalators, positive leasing spreads, and the favorable currency effect in Colombia. As of June 30, 2026, the occupancy rate in LPA’s operating portfolio was 100.0%, compared to 94.5% as of June 30, 2025.General and administrative expenses decreased 8.7% to $4.2 million in 2Q26, primarily reflecting lower corporate reporting and legal expenses.CEO CommentaryWe delivered yet another exceptional quarter in 2026. Total revenue increased 26.1% year-over-year and NOI expanded 27.0% to a record $12.2 million, extending the earnings momentum of our unique regional logistics platform. Peru again led growth as PepsiCo’s LEED Gold-certified facility at our Callao park contributed a full quarter of revenue and as new leases with Inkafarma and other tenants increased revenue from recently delivered space. Colombia also posted strong gains, supported by the lease of U.S.-based retailer PriceSmart, contractual inflation adjustments, and the apprecia

The Company extends its solidarity to communities affected by the earthquake and confirms the safety of all employees and tenants at its logistics park in Colombia. SAN JOSÉ, Costa Rica--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or “the Company”) today expressed its support for the people of Colombia following the August 10, 2026 earthquake in the western part of the country. The Company’s thoughts are with the families who lost loved ones, those who were injured, and the communities now facing recovery. Following an initial assessment, LPA confirmed that all employees and tenant personnel at its Parque Logístico Calle 80 facility in Colombia are safe and accounted for. The Company’s facilities sustained no damage and are fully operational.Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas, said, “Our hearts are with everyone across Colombia who has been affected by this earthquake. We extend our deepest condolences to the families who have lost loved ones and stand in solidarity with the communities facing the recovery ahead. Colombia has been an important part of LPA’s history and growth, and today we stand with the country during this challenging time.“We are grateful that all LPA and tenant employees at our Calle 80 logistics park are safe and that our facilities remain fully operational. Our foremost concern, however, is for the people, families, and communities impacted by this tragedy.”Guillermo Zarco, Country Manager of LPA Colombia, added, “As Colombians, moments like these remind us of the strength, resilience, and solidarity that define our country. Our thoughts are with the families who are grieving and the communities now working to recover. We are thankful that our employees, customers, and partners are safe, and we remain committed to supporting our people and continuing to serve our customers. As the country moves forward, we will explore how LPA can contribute to the recovery in the weeks and months ahead.”LPA’s Parque Logístico Calle 80 was developed and constructed in accordance with applicable seismic standards and, like all assets in the Company’s property portfolio, is fully insured against earthquakes and other natural disasters. Operations within the park saw minimal disruption in the hours immediately following the earthquake and have since returned to normal operations.About Logistic Properties of the AmericasLogistic Properties of the Americas is a leading developer, owner, and manager of institutional-quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies, among others. LPA expects to continue its growth through strong client relationships, market insight, and the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio comprised 36 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,118 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com.Forward-Looking StatementsThis press release contains certain forward-looking informati

SAN JOSÉ, Costa Rica--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (“LPA” or the “Company”), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Latin America, announced today the reporting dates for its Second Quarter 2026 financial results. Earnings Release Wednesday, August 12, 2026 Time: After Market Close Conference Call Thursday, August 13, 2026 Time: 9:00 a.m. ET | 8:00 a.m. CT To participate, please dial +1 (833) 461 5787 (US Toll-Free) +1 (585) 542 9983 (US/International Toll) Conference ID: 941803188 Webcast: click here A call recording will be available for replay on LPA’s website for a limited time. About Logistic Properties of the Americas Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio was comprised of 36 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,118 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com. Investor Relations Contact: Camilo Ulloa Logistic Properties of the Americas +506 6293 9083 ir@lpamericas.com Barbara Cano / Ivan Peill InspIR Group barbara@inspirgroup.com / ivan@inspirgroup.com Source: Logistic Properties of the Americas

Sale Generates Growth Capital for Mexico and Reflects Portfolio’s Substantial Premium to LPA’s Current Share Price LIMA, Peru--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, "LPA" or "the Company"), today announced a strategic alliance with FIBRA Prime, a preeminent diversified Real Estate Investment Trust in Peru, through the divestment of Parque Logístico Lima Sur (“PLS”), a premier logistics park located in the Lurín submarket of Lima.Subject to customary regulatory approvals and closing conditions, FIBRA Prime will acquire 100% of PLS for a total consideration of US$145.0 million, substantiating the carrying value of LPA's real estate portfolio and its resulting book value of approximately $8.00 per ordinary share. The sale will generate US$85.0 million in net proceeds for LPA after debt repayment and before taxes, bolstering the Company's financial flexibility to drive its expansion plans. PLS generated US$10.3 million in net operating income (cash NOI) for the last twelve months ended March 31, 2026, with the potential for further growth, underscoring the institutional quality and stabilized cash flow profile of the asset.A Winning Roundtrip Across Entire Value ChainThe landmark transaction represents a successful 'roundtrip' of LPA's vertically integrated platform, demonstrating the Company's ability to source land, develop institutional-grade logistics properties, lease and stabilize assets through a diversified base of blue-chip customers, and ultimately realize value at attractive economics. PLS comprises approximately 1.3 million square feet of modern logistics space and has served as a core asset within LPA's portfolio since its in-house development."This inaugural transaction is a clear confirmation of our regional platform's ability to create and realize value across the entire real estate value chain," said Esteban Saldarriaga, Chief Executive Officer of Logistic Properties of the Americas. "It also further advances a path to a more asset-light model, to enhance profitability and purposefully position us to reallocate capital toward higher-return opportunities in Mexico."Reallocating Capital Toward Growth in MexicoThe Company expects to redeploy proceeds of the sale into its actionable investment pipeline in Mexico, where mid- and long-term demand fundamentals, strong domestic consumption, nearshoring and ecommerce tailwinds, as well as a robust acquisition and development opportunity set all offer compelling risk-adjusted returns. This capital is expected to be fully invested in stabilized, high-quality properties over the course of the next 12 to 18 months as LPA evaluates select opportunities across key submarkets of the country.Continued Presence in PeruLPA remains fully committed to Peru and its other foundational markets. The Company will continue operating PLS on behalf of FIBRA Prime, maintaining responsibility for tenant relationships, service delivery, and operational excellence, while generating fee income. In addition, LPA's Peru platform will remain anchored by Parque Logístico Callao (“PLC”), adjacent to Jorge Chávez International Airport and the Port of Callao, a cornerstone of the Company's ongoing operations and future growth in the country.A Strategic Partnership with Peru's Preeminent REITBeyond the monetization of PLS, the alliance establishes a synergistic relationship with FIBRA Prime, a preeminent diversified REIT and institutional owner of stabilized commercial real estate in Peru. LPA envisions this relationship as a springboard for further collaboration in the future, strategically combining LPA's strong development and operating capabilities with FIBRA Prime's

SAN JOSÉ, Costa Rica--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, "LPA" or the "Company"), announced today that members of its executive management team will participate in The Small Cap Showcase & WTR Insights conference, taking place on June 9, 2026, in New York City. Representing the Company, Chief Executive Officer Esteban Saldarriaga will participate in a fireside chat discussion at 2:30pm ET, providing insights into LPA's business strategy, growth opportunities, and industry outlook. Management will also participate in one-on-one meetings with pre-qualified investors throughout the day. A live webcast of the Company's fireside chat will be available at: Click here. A replay of the fireside chat will be available following the event and may also be accessed through the Company's website under the Investor Relations section. The Small Cap Showcase & WTR Insights conference brings together executive management teams from approximately 20 micro and small cap companies across a diverse range of industries. This event provides a forum for discovering differentiated investment opportunities through company presentations, fireside chat discussions, one-on-one meetings, industry insights, and networking opportunities. About Logistic Properties of America Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio was comprised of 36 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,118 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com. Forward-Looking Statements This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to know

SAN JOSÉ, Costa Rica--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, "LPA" or the "Company"), announced today that BTG Pactual has initiated equity research coverage of the Company. Esteban Saldarriaga, Chief Executive Officer of LPA, said, “We are pleased that BTG Pactual has initiated coverage of LPA. As one of the leading investment banks serving institutional investors across the U.S., Europe, and Latin America. BTG brings broad reach and deep market expertise that we believe will enhance investor awareness and understanding of our platform, strategy, and long-term growth opportunity.” He continued, “Over the past decade, we have assembled an institutional-quality logistics real estate portfolio across Costa Rica, Colombia, and Peru, while recently expanding into Mexico, Latin America’s largest and most dynamic industrial market. We believe LPA is well-positioned to benefit from powerful structural tailwinds, including nearshoring, supply chain reconfiguration, and continued e-commerce growth across the region.” A copy of the research report is available to eligible investors through BTG Pactual’s research distribution channels. About Logistic Properties of America Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio was comprised of 36 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 580,118 square meters (or approximately 6.2 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com. Forward-Looking Statements This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or impli

Expansion includes double-digit rental rate growth, reflects strong demand in supply-constrained Lima logistics submarket LIMA, Peru--(BUSINESS WIRE)-- Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, "LPA" or the "Company"), today announced the expansion of its existing lease agreement with Scharff Logística Integrada S.A. (“Sharf”) at Building 100 within Parque Logístico Callao, a premier logistics park located adjacent to Jorge Chávez International Airport in Callao, Peru.Under the agreement, Scharf, an existing tenant at Parque Logístico Callao, will lease an additional 38,438 square feet at Building 100, further expanding its operational footprint within the park. The expanded lease is scheduled to commence on June 1, 2026 and underscores LPA’s continued ability to capture demand and drive occupancy growth, aligned with the Company’s asset‑optimization strategy, in one of Peru’s most supply‑constrained logistics submarkets.The lease expansion was executed at market‑aligned rental rates and represents a double‑digit increase over the prior lease for the space, reflecting sustained demand for high‑quality, airport‑adjacent logistics facilities and LPA’s ability to capture embedded rental growth within its existing portfolio.“We are pleased to expand our relationship with Scharf, a long‑standing logistics operator with a growing presence at Parque Logístico Callao,” said Álvaro Chinchayán, Country Manager for Peru at LPA. “This transaction reflects continued demand for high‑quality logistics space in strategically located, airport-adjacent submarkets and reinforces our strategy of supporting customers as they scale operations within our logistics parks.”Esteban Saldarriaga, Chief Executive Officer of LPA, added: “This lease expansion demonstrates our ability to generate incremental value within our stabilized portfolio by capturing embedded rental growth while deepening relationships with high‑quality customers. Callao remains one of Peru’s most strategic logistics corridors, and demand for institutional‑quality logistics space in this submarket continues to outpace available supply.”Scharf, one of Peru’s leading third‑party logistics (“3PL”) providers with more than 30 years of operating history, will use the additional space to support auto parts distribution operations for a global automotive brand. The expansion leverages Parque Logístico Callao’s strategic airport‑adjacent location and Class A infrastructure to meet stringent service and performance requirements.Parque Logístico Callao benefits from direct access to Peru’s primary international airport and major transportation corridors, positioning the park as a preferred location for logistics operators requiring speed, reliability, and connectivity. LPA continues to advance its portfolio through disciplined leasing activity focused on enhancing cash flow visibility, customer quality, and long‑term asset value.About Logistic Properties of AmericaLogistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of March 31, 2026, LPA’s operating and development portfolio was comprised of 34 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approxi