Logistic Properties of the Americas Announces Sale of Peruvian Property, Catalyzing New Strategic Alliance
Logistic Properties of the Americas agreed to sell its Parque Logístico Lima Sur (PLS) asset to FIBRA Prime for $145 million, a transaction that substantiates a book value of approximately $8.00 per ordinary share. The deal is expected to generate $85 million in net proceeds, which the company intends to redeploy into its investment pipeline in Mexico over the next 12 to 18 months to capitalize on nearshoring and ecommerce demand.
Key figures
- Deal Value Usd
- 145000000
- Noi ltm usd
- 10300000
- Asset size sqft
- 1300000
- Net proceeds usd
- 85000000
- Book value per share usd
- 8
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