Logistic Properties of the Americas (LPA) Reports Q2 results

Logistic Properties of the Americas (NYSE: LPA) reported Q2 Revenue for the quarter at $14.74 million.

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.

For earnings history and earnings-related data on Logistic Properties of the Americas (LPA) click here.

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