Logistic Properties of the Americas Launches US$85 Million Development in Peru with Leading Local Institutional Investors
LPA launched Parque Logístico Panamericana Sur, a four-building, 1.1 million sq ft Class A logistics development in Lurín, Lima, with an expected total investment of approximately US$85 million over three years. The project is funded by Peruvian institutional investors including Credicorp Capital, La Positiva Seguros, and Inversiones Platinum, with LPA retaining an ~11% equity stake while earning fees for development, leasing, and management.
Key figures
- Glb sqft
- 1100000
- Buildings
- 4
- Lpa equity stake
- 11%
- Portfolio gla sqft
- 6200000
- Asset sales 2026 usd
- 300000000
- Portfolio facilities
- 34
- Total investment usd
- 85000000
- Third party equity usd
- 36000000
AI analysis
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