LatAm Logistic Properties, S.A. Announces Milestone Lease Agreement in Peru
two Class A Ordinary Shares (TWOA)
Company Research
Source: PR Newswire
Projected Rental Revenue Exceeds $43 Million Over Lease Term, Highest Value Contract to DateSAN JOSÉ, Costa Rica, March 18, 2024 /PRNewswire/ -- LatAm Logistic Properties, S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, has signed a lease agreement in Peru with a leading, globally-renowned food and beverage company.The agreement is considered a milestone as it represents LLP's highest value contract to date, with projected rental revenue of over $43 million during the lease term. The ten-year lease for 239,000 square feet, representing approximately 65% of Building B300 within the Latam Callao Logistic Park, will commence in June 2025. This lease agreement underscores multinational companies' overall confidence in the region and Peru's position as a strategic location for their operations.The Latam Callao Logistic Park is a four-building logistics
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News
- two and LatAm Logistic Properties, S.A. to Hold Virtual Investor Day on Tuesday, March 19, 2024, at 2:00 p.m. ETGlobeNewswire
- two and LatAm Logistic Properties, S.A. Announce Effectiveness of Registration Statement on Form F-4 in Connection with Business CombinationGlobeNewswire
- two and LatAm Logistic Properties S.A. Announce $15 Million Equity Investment at $10 per shareGlobeNewswire
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Sec Filings
- 3/29/24 - Form 4
- 3/29/24 - Form 4
- 3/29/24 - Form 4
- TWOA's page on the SEC website