LPA Secures New USD Lease in Peru
Ticker: LPA · Form: 6-K · Filed: Nov 22, 2024 · CIK: 1997711
Sentiment: neutral
Topics: lease-agreement, real-estate, peru
TL;DR
LPA just signed a new USD lease in Peru with a big logistics player.
AI Summary
On November 21, 2024, Logistic Properties of the Americas (LPA) announced a new USD-denominated lease agreement at its Parque Logístico Callao property in Peru. This lease is with a leading third-party logistics provider, strengthening LPA's portfolio.
Why It Matters
This new lease agreement in USD provides revenue stability and potentially hedges against currency fluctuations for Logistic Properties of the Americas.
Risk Assessment
Risk Level: low — The filing is a routine report of a lease agreement, with no immediate negative financial implications disclosed.
Key Players & Entities
- Logistic Properties of the Americas (company) — Registrant
- Parque Logístico Callao (company) — Property location
- USD (dollar_amount) — Lease currency
FAQ
What is the specific name of the third-party logistics provider that signed the lease?
The filing does not disclose the specific name of the third-party logistics provider.
What is the duration of the new lease agreement?
The filing does not specify the duration of the new lease agreement.
What is the rental amount for the new lease?
The filing does not disclose the specific rental amount for the new lease.
What is the size of the leased space at Parque Logístico Callao?
The filing does not provide details on the size of the leased space.
When was the press release announcing this lease published?
The press release announcing the lease was published on November 21, 2024.
Filing Stats: 263 words · 1 min read · ~1 pages · Grade level 15.4 · Accepted 2024-11-22 16:00:09
Filing Documents
- form6-k.htm (6-K) — 19KB
- ex99-1.htm (EX-99.1) — 12KB
- ex99-1_001.jpg (GRAPHIC) — 7KB
- 0001493152-24-047362.txt ( ) — 42KB
From the Filing
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of November 2024 Commission File Number: 001-41995 Logistic Properties of the Americas (Exact name of registrant as specified in its charter) 601 Brickell Key Drive Suite 700 Miami, FL 33131 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F EXPLANATORY NOTE On November 21, 2024, Logistic Properties of the Americas (“LPA”) published a press release announcing a USD-denominated lease at Parque Logístico Callao with a leading third-party logistics provider in Peru. A copy of this press release is attached as Exhibit 99.1 to this Form 6-K. The information in this Form 6-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act. EXHIBIT INDEX Exhibit No. Description 99.1 Press Release of Logistic Properties of the Americas dated November 21, 2024 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Logistic Properties of the Americas By: /s/ Esteban Saldarriaga Name: Esteban Saldarriaga Title: Chief Executive Officer Date: November 22, 2024