USALPA▲
Logistic Properties to sell Peru asset for $145M in alliance with FIBRA Prime
Logistic Properties of the Americas has agreed to sell its Parque Logístico Lima Sur property in Peru to FIBRA Prime for $145 million, subject to regulatory approvals. The transaction is expected to generate about $85 million in net proceeds after debt repayment and before taxes. The company plans to use the proceeds to support expansion in Mexico and advance its shift toward a more asset-light model.
LPA · Capital · Positive Sale of Peru asset for $145M generates ~$85M net proceeds to fund expansion and shift to asset-light model.
FIBRA Prime · Capital · Positive Acquires Parque Logístico Lima Sur for $145M, expanding its industrial property portfolio.