Business Wire·Nov 12, 2025, 4:32 PM ET

Logistic Properties of the Americas Announces Third Quarter 2025 Earnings Results

Logistic Properties of the Americas reported a 14.3% year-over-year revenue increase to $12.9 million for the third quarter of 2025.
Year-to-date revenue grew by 11.2% to $36.4 million, driven by new acquisitions in Mexico, higher occupancy in Colombia & Peru, & early contract completion.
Third-quarter Net Operating Income rose 8.7% to $10.4 million, while Cash NOI increased 9.0% to $29.3 million over the nine-month period.
Stabilized occupancy reached 97.9% at the end of September 2025, a 340 basis point year-over-year increase fueled by new leases in Costa Rica & Peru.
General & Administrative expenses fell 5.3% to $4.5 million in the quarter due to lower accounting fees, though they rose 15.2% year-to-date to $12.7 million.
Investment property valuation gains totaled $7.1 million for the quarter, a 12.5% decrease from the prior year, primarily due to lower gains in Colombia.
The company expanded its portfolio to 33 operating properties with 5.55 million square feet of Gross Leasable Area, adding two assets in Puebla, Mexico.
Average rent per square foot increased to $8.14, & the weighted average remaining lease term stood at 4.7 years as of September 30, 2025.
An earnings conference call is scheduled for November 13, 2025, featuring CEO Esteban Saldarriaga, CFO Paul Smith, & Investor Relations representative Camilo Ulloa.