Logistic Properties of the Americas (NYSE: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.