# EDGAR Filing Document

**Accession Number:** 0001997711
**File Stem:** 0001997711-25-000094
**Filing Date:** 2025-8
**Character Count:** 89607
**Document Hash:** 2d112a1fb3c15c1c232e525064337b3e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001997711-25-000094.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001997711-25-000094

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 51

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Logistic Properties of the Americas
- **CENTRAL INDEX KEY:** 0001997711
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 981785198
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41995
- **FILM NUMBER:** 251212376

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** CONYERS TRUST COMPANY (CAYMAN) LIMITED
- **STREET 2:** CRICKET SQUARE HUTCHINS DR PO BOX 2681
- **CITY:** GRAND CAYMAN
- **NON US STATE TERRITORY:** GRAND CAYMAN
- **PROVINCE COUNTRY:** E9
- **ZIP:** KY1-1111
- **BUSINESS PHONE:** 506-2204-7020

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** CONYERS TRUST COMPANY (CAYMAN) LIMITED
- **STREET 2:** CRICKET SQUARE HUTCHINS DR PO BOX 2681
- **CITY:** GRAND CAYMAN
- **NON US STATE TERRITORY:** GRAND CAYMAN
- **PROVINCE COUNTRY:** E9
- **ZIP:** KY1-1111

**UNITED STATES**

**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 August 2025**

**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 □

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**EXPLANATORY NOTE**

On August 13, 2025, Logistic Properties of the Americas announced its financial results for the second quarter of 2025. A copy of this announcement and the accompanying supplemental information are furnished as Exhibit 99.1, 99.2, and 99.3 to this Report on 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** |
| <u>[99.1](ex991_q22025earningspressr.htm)</u> | <u>[Press Release of Logistic Properties of the Americas dated August 13, 2025](ex991_q22025earningspressr.htm)</u> |
| <u>[99.2](ex992_q225supplementalpa.htm)</u> | <u>[Second Quarter 2025 Supplemental Information](ex992_q225supplementalpa.htm)</u> |
| <u>[99.3](ex993_q225companypresent.htm)</u> | <u>[Second Quarter 2025 Corporate Information](ex993_q225companypresent.htm)</u> |

---

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**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** | **Logistic Properties of the Americas** |
| By: | */s/ Esteban Saldarriaga* |
| Name: | Esteban Saldarriaga |
| Title: | Chief Executive Officer |

---

Date: August 13, 2025

## Exhibit 99.1

**Exhibit 99.1**

**Logistic Properties of the Americas Announces Second Quarter 2025 Earnings Results**

**Revenue Increases a Solid 6.4% in 2Q25 and 9.6% YTD**

**SAN JOSÉ, Costa Rica, August 13, 2025 – Logistic Properties of the Americas (NYSE American: LPA)** (together with its subsidiaries, "LPA" or the "Company"), announced today its unaudited consolidated financial results for the second quarter ended June 30, 2025 ("second quarter 2025" or "2Q25"). The financial results are expressed in U.S. dollars and are presented in accordance with International Accounting Standard ("IAS") 34 - Interim Financial Reporting, as issued by the International Accounting Standards Board ("IASB"), which differs in certain significant respects from the U.S. Generally Accepted Accounting Principles ("GAAP"). This information should be read in conjunction with, and is qualified in its entirety by reference to, the Company's condensed consolidated interim financial statements, including the notes thereto. All comparisons within this announcement are year-over-year ("YoY"), unless otherwise noted. LPA's financial results are stated in U.S. dollars unless otherwise noted. LPA is a leading developer, owner, acquirer and manager of logistics and industrial real estate of institutional quality in the Americas, and one of the few internally managed, vertically integrated, and institutional platforms operating across the region.

**2Q25 Financial and Operating Highlights**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Revenue in the second quarter 2025 increased by 6.4% to $11.7 million, primarily due to building stabilizations, one in Peru in February 2025 and the other in Costa Rica in July 2024. Another significant contributor to revenue growth in 2Q25 was $0.9 million of additional revenue related to higher rental rates, primarily in Colombia. Partially offsetting these revenue increases were exchange rate fluctuations that had a total negative effect of $0.9 million in the quarter. For the six months ending June 30, 2025, revenue increased 9.6% to $23.5 million.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net Operating Income ("NOI") increased by 3.7% to $9.6 million, mainly due to a 5.9% increase in rental revenue and partially offset by a 17.5% increase in operating expenses in 2Q25. During the first six months of 2025, NOI increased 4.8% to $19.0 million. Same-Property Cash NOI increased by 0.8% to $8.7 million in 2Q25.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• At 94.5%, the 2Q25 occupancy rate of LPA's operating portfolio was 3.8 percentage points below year-end 2024 and slightly below the 94.6% occupancy rate at the end of second quarter 2024. During 2Q25, LPA signed a five-year U.S. dollar denominated lease for 121,632 square feet of space that had been previously occupied by another company at its Coyol 4 Logistic Park in Costa Rica. As of June 30, 2025, 98.2% of LPA's operating Gross Leasable Area ("GLA") was leased compared to 98.6% at the end of 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• General and Administrative expenses increased by 0.5% to $4.6 million in 2Q25, primarily due to the recognition of $0.9 million in share-based compensation related to Restricted Stock Units, and to a lesser extent due to higher audit fees and growth related headcount increases in fourth quarter 2024 and first quarter 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• During 2Q25, LPA repurchased $1.1 million of its ordinary shares, bringing the total amount of repurchased shares to $3.3 million under the Company's $10 million share repurchase program, which will expire on November 20, 2025.

**Subsequent Events**

During the second quarter, LPA appointed Eduardo Nakash as Country Manager for Mexico, under the Company's strategy to establish a strong local presence in the country and capitalize on the growth of its logistics and industrial real estate market. Mr. Nakash has over 18 years of experience in real estate investment, development, and strategic consulting in Latin America. In addition, he holds a bachelor's degree in industrial engineering from ITAM in Mexico and an MBA from The Wharton School of the University of Pennsylvania.

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**CEO Commentary** 

LPA's regional and vertically integrated logistics platform delivered another quarter of continuous revenue and NOI growth in the second quarter, while one-time factors hindered this growth slightly. With our operating portfolio 98% leased and with the goal of further exploiting persistent and favorable supply-demand imbalances in our foundational markets, we began construction of a second new building at our strategically-located Parque Logistico Callao in Lima. Both facilities are already substantially pre-leased and are expected to contribute meaningfully to revenue growth starting in late 2025 and into early 2026. This will also enhance LPA's operating leverage, as SG&A expenses remained relatively flat this quarter and we expect any future SG&A growth to remain controlled and primarily limited to our expanding activities in Mexico.

With the appointment of Eduardo Nakash as Country Manager for Mexico, who will spearhead LPA's entry into this significantly larger market, we are advancing our long-term growth strategy to expand and scale our unique regional platform. Our focus will be on selectively acquiring and developing logistics facilities to serve both existing regional and global clients, while also attracting new ones. As a reminder, our investment approach in Mexico will remain patient and disciplined, targeting key sub-markets and prioritizing tenant quality, while leveraging the extensive local expertise and deep market knowledge of strategic partners such as Alas.

Looking ahead, strong demographic tailwinds, digital commerce penetration, and resilient general domestic consumption are expected to sustain outsized demand for high-quality logistics space—still in short supply across both our core markets and Mexico. With the right team, strategy, and partners in place, LPA is well-positioned to seize this opportunity, grow long-term income, and unlock meaningful value across our portfolio.

Esteban Saldarriaga

Chief Executive Officer

**Real Estate Portfolio**

---

| | | | |
|:---|:---|:---|:---|
| | **As of June 30, 2025** | **As of December 31, 2024** | **As of June 30, 2024** |
| Number of operating real estate properties | 31 | 30 | 29 |
| Operating GLA (sq. ft) | 5292588 | 5121625 | 4965171 |
| Leased GLA (sq. ft) | 5606033 | 5637044 | 4996538 |
| Number of tenants | 55 | 57 | 50 |
| Average rent per square foot | $8.07 | $7.79 | $7.87 |
| Weighted average remaining lease term | 5.0 years | 5.1 years | 5.3 years |
| Stabilized occupancy rate (% of GLA) | 94.5% | 98.3% | 94.6% |

---

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**Financial Performance** 

**Revenues**

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| | | | |
|:---|:---|:---|:---|
| | **For the six months ended June 30,** | **For the six months ended June 30,** | |
| | **2025** | **2024** | % Change |
| &nbsp;&nbsp;&nbsp;Costa Rica | $5939710 | $5992920 | (0.9)% |
| &nbsp;&nbsp;&nbsp;Colombia | 2402263 | 2019177 | 19.0% |
| &nbsp;&nbsp;&nbsp;Peru | 3248012 | 2934997 | 10.7% |
| &nbsp;&nbsp;&nbsp;Unallocated revenue | 102707 | 39842 | 157.8% |
| Total revenues | $11692692 | $10986936 | 6.4% |

---

**Investment Property Operating Expenses**

---

| | | | |
|:---|:---|:---|:---|
| | **For the six months ended June 30,** | **For the six months ended June 30,** | |
| | **2025** | **2024** | % Change |
| &nbsp;&nbsp;&nbsp;Costa Rica | $959226 | $872246 | 10.0% |
| &nbsp;&nbsp;&nbsp;Colombia | 398133 | 291240 | 36.7% |
| &nbsp;&nbsp;&nbsp;Peru | 649776 | 544610 | 19.3% |
| Total investment property operating expense | $2007135 | $1708096 | 17.5% |

---

**Supplemental Information**

Please refer to LPA's quarterly Supplemental Information and Management Discussion and Analysis, both of which are available on the Company's Investor Relations website at <u>https://ir.lpamericas.com</u>

**2Q25 Earnings Conference Call** 

**When:** August 14, 2025, 9:00 a.m. Eastern Time / 8:00 a.m. Central Time

**Who:** Mr. Esteban Saldarriaga, Chief Executive Officer, Mr. Paul Smith, Chief Financial Officer, and Mr. Camilo Ulloa, Investor Relations

**Dial-in:** (800) 715-9871 (USA Toll-free), +1 (646) 307-1963 (USA/International)

**Passcode:** 6436556

**Pre-Register:** You may pre-register at any time at: https://events.q4inc.com/attendee/177805498. Callers will need to press # to be connected to an operator to access LPA's financial results conference call via telephone.

**Webcast:** https://events.q4inc.com/attendee/177805498

A call recording will also be available for replay on LPA's website for a limited time.

**About Logistic Properties of the Americas**

Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Central and South America. LPA's customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of June 30, 2025, LPA's operating and development portfolio was comprised of 33 logistics facilities in Costa

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Rica, Colombia and Peru totaling approximately 536,000 square meters (or approximately 5.8 million sq. ft.) of gross leasable area. For more information visit <u>https://ir.lpamericas.com</u>

**Forward-Looking Statements**

This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA's future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA's management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA's control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA's actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore caution against relying on any of these forward-looking statements.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA's control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA's ability to manage growth; (iii) LPA's ability to continue to comply with applicable listing standards of NYSE American; (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA's estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission. There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward-looking statements due to their inherent uncertainty.

Nothing within this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.

**Investor Relations Contacts**

Camilo Ulloa

Logistic Properties of the Americas

+506 6293 9083

camilo@lpamericas.com

Barbara Cano/Ivan Peill

InspIR Group

<u>barbara@inspirgroup.com</u> / <u>ivan@inspirgroup.com</u>

## Exhibit 99.2

![](ex992_q225supplementalpa001.jpg)

Logistic Properties of the Americas Second Quarter 2025 Supplemental Information LPA Parque Logístico Calle 80 – Bogota, Colombia LPA Parque Logístico Calle 80 – Bogota, Colombia

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![](ex992_q225supplementalpa002.jpg)

Disclaimer This presentation (the "Presentation") is provided for informational purposes only and has been prepared to provide interested parties with certain information about Logistic Properties of the Americas and its subsidiaries (collectively, "LPA") and for no other purpose. This Presentation is not a prospectus, product disclosure statement or any other offering or disclosure document under any other law. The information contained herein is of a general background nature and does not purport to be exhaustive, all-inclusive or complete. This Presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase, any equity, debt or other financial instruments of LPA. No such offering of equity or debt securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom. No representations or warranties, express or implied are given in, or in respect of, the accuracy or completeness of this Presentation or any other information (whether written or oral) that has been or will be provided to you. To the fullest extent permitted by law, LPA disclaims any and all liability for any loss or damage (whether foreseeable or not) suffered or incurred by any person or entity as a result of anything contained or omitted from this Presentation and such liability is expressly disclaimed. The viewer of this Presentation agrees that it shall not seek to sue or otherwise hold LPA or any of its respective directors, officers, employees, affiliates, agents, advisors or representatives liable in any respect for the provision of this Presentation, the information contained in this Presentation, or the omission of any information from this Presentation. Viewers of this Presentation should each make their own evaluation of LPA and of the relevance and adequacy of the information provided in this Presentation and should make such other investigations as they deem necessary before making an investment decision. Nothing herein should be construed as legal, financial, tax or other advice. You should consult your own advisers concerning any legal, financial, tax or other considerations concerning anything described herein, and, by accepting this Presentation, you confirm that you are not relying solely upon the information contained herein to make any investment decision. The general explanations included in this Presentation cannot address, and are not intended to address, your specific investment objectives, financial situations or financial needs. Forward-Looking Statements This Presentation contains certain forward-looking information which may not be included in future public filings or investor guidance. The inclusion of forward-looking financial information or metrics in this Presentation should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this Presentation may be considered forward-looking statements. Forward-looking statements include, without limitation, statements about future events or LPA's future financial or operating performance. For example, statements regarding anticipated growth in the industry in which LPA operates and anticipated growth in demand for LPA's products and solutions, the anticipated size of LPA's addressable market and other metrics are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "pro forma," "may," "should," "could," "might," "plan," "possible," "project," "strive," "budget," "forecast," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA's management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA's control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA's actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore cautions against relying on any of these forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA's control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA's ability to manage growth; (iii) LPA's ability to continue to comply with applicable listing standards of the New York Stock Exchange ("NYSE"); (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA's estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission (the "SEC"). There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward- looking statements due to their inherent uncertainty. Nothing in this Presentation should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Industry and Market Data This Presentation also contains estimates and other statistical data made by independent parties which they believe to be reliable and by LPA relating to market size and growth and other data about LPA's industry. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. In addition, projections, assumptions, and estimates of the future performance of the markets in which LPA operates are necessarily subject to a high degree of uncertainty and risk. LPA has not independently verified the accuracy or completeness of the independent parties' information. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of such independent information. Trademarks LPA owns or has rights to various trademarks, service marks and trade names used is connection with the operation of its business. This Presentation may also contain trademarks, service marks, trade names and copyrights of other companies or third parties, which are the property of their respective owners. LPA's use thereof does not imply an affiliation with, or endorsement by, the owners of such trademarks, service marks, trade names and copyrights. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this Presentation may be listed without the TM, SM or symbols, but LPA will assert, to the fullest extent under applicable law, the rights of the applicable owners to these trademarks, service marks, trade names and copyrights. Financial Measures Certain financial information contained herein is unaudited and is based on internal records and/or estimates. The Presentation also contains unaudited alternative financial measures that are measures of financial performance not calculated in accordance with generally accepted accounting principles in the United States (or international financial reporting standards ("IFRS")) and should not be considered as replacements or alternatives to net income or loss, cash flow from operations or other measures of operating performance or liquidity of LPA. These alternative financial measures should be viewed in addition to, and not as a substitute for, analysis of LPA's results reported in accordance with IFRS or otherwise. Notwithstanding these limitations, and in conjunction with other accounting and financial information available, LPA's management considers the alternative financial measures contained in this presentation (including EBITDA, EBITDA margin, Net Debt, Net Operating Income (NOI), NOI margin, Cash NOI, Same-Property NOI, Same-Property Cash NOI, Net debt to NOI and net debt to EBITDA ratio, Equity Value, FFO, and AFFO reasonable indicators for comparisons between LPA and LPA's principal competitors on the market. These alternative financial measures are used by market participants for comparative analysis, albeit with certain limitations as analytical tools, of the results of businesses in the sector and as indicators of LPA's capacity to generate cash flows. Nevertheless, alternative financial measures do not have any standardized meaning and therefore may not be comparable to similar measures presented by other companies. You should review LPA's financial statements and additional information included in its filings with the SEC.

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![](ex992_q225supplementalpa003.jpg)

3 Development and construction(2) of properties in the land bank DEVELOPER Asset ownership on a long-term basis OWNER Leasing and management(3) of assets MANAGER Logistic Properties of the Americas is a leading developer, owner, acquirer and manager of logistic and industrial real estate of international quality in Central and South America. LPA is one of the few, internally managed, vertically-integrated and institutional platforms operating across the region(1). Acquisition of stabilized assets ACQUIRER Notes: (1) The Company considers that most real estate companies and funds in Costa Rica, Colombia, and Peru do not focus exclusively on the industrial segment; instead, they have investments across multiple sectors, including retail, hospitality, and others, and often lack a regional presence. (2) Construction is outsourced to construction companies; (3) Relationship with tenants and administration of logistics parks.

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![](ex992_q225supplementalpa004.jpg)

4 Content Highlights • Company Profile 5 • Company Performance 6 • Financial Summary 7 Financial Information • Condensed Consolidated Interim Balance Sheet 8 • Condensed Consolidated Interim Statement of Profit or Loss and Other Comprehensive Income (Loss) 10 • Reconciliation for Adjusted EBITDA, Adjusted EBITDA margin, FFO, AFFO, NOI and NOI margin 11 Operations Overview • Total Portfolio GLA 13 • Operating Portfolio – Period end Occupancy 14 • Rental Revenues 15 • Net Operating Income 16 • Average Rent per Square Foot 17 • Same Property NOI Growth 18 • Other Non-IFRS Metrics 19 Operations • Customer Concentration and Lease Expiration Analysis 20 • Investment Properties Portfolio 21 Capital Deployment • Stabilized Properties ## • Development Portfolio 22 • Land Portfolio 23 Capitalization • Debt Summary and Metrics 24 Definitions • Definitions 25

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![](ex992_q225supplementalpa005.jpg)

5 BOGOTA, COLOMBIA Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 1,255,404 - 50.6 SAN JOSE, COSTA RICA Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 2,516,137 - - 7.3 mm sqft Gross Leasable Area(1) 94.5% Occupancy(2) 81.9% US dollars-denominated Leases(3) Example Properties 5.0 years Avg. remaining lease life(4) US $37.5 mm Q2'25 LTM 2025 NOI(5) 6.6% Cash NOI Growth YTD 2Q 2025 – 2024 Current Operations Expansion Plans Logistic Park San Jose Verbena, Alajuelita, Costa Rica Logistic Park Lima Sur, Lima, Peru Logistic Park Calle 80, Bogota, Colombia (1) Includes 5.8 million sq ft of GLA in our total portfolio and 1.5 million of potential new GLA to be built-out in our land portfolio. (2) Operating Portfolio period end occupancy. (3) Based on active leases as of June 30, 2025. (4) Remaining lease life weighted average by leased area (5) Includes NOI for the four-quarter period ended June 30, 2025. (6) Land reserve acres are adjusted for Floor Area Ratio ("FAR"). Highlights Company Profile As of June 30, 2025 LIMA, PERU Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 1,521,047 478,229 19.0

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![](ex992_q225supplementalpa006.jpg)

6 As of and for the three months ended US$ in millions, except for number of buildings, sq ft, and percentages June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Portfolio (sq ft) Same Property Portfolio No. of buildings 28 28 27 27 27 Gross leasable area (GLA) 4,745,082 4,745,082 4,570,653 4,570,653 4,570,653 Period end occupancy % 93.9% 97.8% 95.4% 93.8% 94.2% NOI 8.6 8.4 9.0 8.7 8.4 YTD NOI Growth over prior year(1) (0.4%) (3.0%) 1.3% 8.8% 2.0% Cash NOI 8.7 8.6 8.6 8.8 8.6 YTD Cash NOI Growth over prior year(1) (1.9%) (4.3%) 5.0% 9.2% 14.4% Operating Portfolio No. of buildings 31 31 30 30 29 Gross leasable area (GLA) 5,292,588 5,292,588 5,121,625 5,121,625 4,964,181 Period end leased % 98.2% 100.0% 98.6% 98.5% 94.6% Period end occupancy % 94.5% 98.0% 98.3% 94.5% 94.6% Development Portfolio No. of buildings 2 2 2 1 2 Gross leasable area (GLA) 478,229 479,306 421,321 166,410 323,854 Period end leased % 85.9% 73.8% 100.0% 100.0% 92.3% Period end occupancy % —% —% 25.2% 84.8% 72.3% Total Portfolio No. of buildings 33 33 32 31 31 Gross leasable area (GLA) 5,770,817 5,771,894 5,542,946 5,288,035 5,288,035 Period end leased % 97.1% 97.8% 98.7% 98.6% 94.5% Period end occupancy % 86.7% 89.9% 92.8% 94.2% 93.3% Highlights Company Performance (1) Year to date NOI and Cash NOI amounts are used to determine growth over the year to date prior period.

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7 Highlights Financial Summary (1) Net Debt/Investment properties US$ in millions, except for percentages As of and for the three months ended June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Rental revenues 11.6 11.8 11.0 11.2 10.9 Revenues 11.7 11.8 11.1 11.3 11.0 Cash net operating income (Cash NOI) 9.6 9.2 8.9 9.2 8.7 Net operating income (NOI) 9.6 9.4 8.9 9.6 9.2 NOI margin % 82.8% 80.5% 80.8% 84.8% 84.4% Net earnings (loss) -1.1 1.1 9.8 4.8 12.4 Adjusted EBITDA 6.3 6.7 6.0 5.8 5.9 Adjusted EBITDA margin 53.7 % 56.5 % 53.8 % 51.6 % 53.8 % FFO, as defined by LPA (0.1) (0.6) (3.6) (2.2) (0.5) AFFO 0.3 (0.4) (3.0) (2.2) (0.9) Debt Outstanding balance at carrying value 276.1 265.7 265.9 271.0 275.9 Cash and restricted cash (32.0) (32.9) (34.7) (37.3) (52.9) Net Debt 244.1 232.8 231.2 233.7 223.0 Investment properties 579.0 567.0 554.5 535.6 525.9 Leverage ratio(1) 42.2% 41.1% 41.7% 43.6% 42.4% Cash interest rate at period end 7.7% 7.6% 8.1% 8.4% 8.4%

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8 As of June 30, 2025 December 31, 2024 ASSETS CURRENT ASSETS: Cash and cash equivalents $25,572,768 $28,827,347 Lease and other receivables, net 3,082,111 2,641,772 Receivables from the sale of investment properties - short term — 3,589,137 Prepaid construction costs 2,055,808 165,836 Prepaid income taxes 1,292,303 2,008,553 Other current assets 6,001,901 2,769,109 Total current assets 38,004,891 40,001,754 NON-CURRENT ASSETS: Investment properties 579,044,985 554,518,864 Tenant notes receivable - long term, net 1,553,335 1,748,616 Restricted cash equivalents - long term 6,474,858 5,835,117 Property and equipment, net 303,259 313,202 Deferred tax asset 105,919 241,967 Other non-current assets 3,124,082 4,360,058 Total non-current assets 590,606,438 567,017,824 TOTAL ASSETS $628,611,329 $607,019,578 Financial Information Condensed Consolidated Interim Statements of Financial Position

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9 As of June 30, 2025 December 31, 2024 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable and accrued expenses $10,979,450 $8,356,915 Income tax payable 3,065,308 2,764,352 Retainage payable 1,657,114 1,500,729 Long term debt - current portion 9,480,626 12,636,821 Security deposits – current portion 190,594 167,005 Lease liability – current portion 594,497 458,081 Other current liabilities 164,350 640,933 Total current liabilities 26,131,939 26,524,836 NON-CURRENT LIABILITIES: Long term debt 266,650,524 253,248,978 Deferred tax liability 41,409,367 40,141,510 Security deposits 2,624,246 2,440,371 Lease liability 13,197,832 12,972,016 Other non-current liabilities 537,474 890,449 Total non-current liabilities 324,419,443 309,693,324 TOTAL LIABILITIES $350,551,382 $336,218,160 EQUITY: Ordinary shares 3,190 3,180 Additional paid-in capital 219,394,507 218,291,347 Retained earnings 36,652,383 38,593,217 Treasury shares, at cost (3,273,154) (1,242,773) Foreign currency translation reserve (18,646,049) (26,680,095) Equity attributable to owners of the Company 234,130,877 228,964,876 Non-controlling interests 43,929,070 41,836,542 Total equity $278,059,947 $270,801,418 TOTAL LIABILITIES AND EQUITY $628,611,329 $607,019,578 Financial Information Condensed Consolidated Interim Statements of Financial Position (continued)

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10 Financial Information Condensed Consolidated Interim Statements of Profit or Loss and Other Comprehensive Income (Loss) Three Months Ended June 30, 2025 2024 REVENUES Rental revenue $11,589,985 $10,947,094 Other revenue 102,707 39,842 Total revenues 11,692,692 10,986,936 Investment property operating expense (2,007,135) (1,708,096) General and administrative (4,579,830) (4,556,683) Investment property valuation (loss) gain (257,400) 4,550,714 Financing costs (4,933,560) (5,808,977) Net foreign currency gain (loss) 64,530 (158,361) Other income 212,567 10,837,729 Other expenses — (1,172,442) Profit (loss) before taxes 191,864 12,970,820 INCOME TAX EXPENSE (1,306,837) (539,160) PROFIT (LOSS) FOR THE PERIOD $(1,114,973) $12,431,660 OTHER COMPREHENSIVE INCOME (LOSS): Items that may be reclassified subsequently to profit or loss: Translation gain (loss) from functional currency to reporting currency 3,089,457 (7,125,921) TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE PERIOD $1,974,484 $5,305,739 PROFIT (LOSS) FOR THE PERIOD ATTRIBUTABLE TO: Owners of the Company $(1,208,387) $9,907,633 Non-controlling interests 93,414 2,524,027 Total profit (loss) for the period $(1,114,973) $12,431,660 TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO: Owners of the Company $1,881,070 $2,781,712 Non-controlling interests 93,414 2,524,027 Total comprehensive income (loss) for the period: $1,974,484 $5,305,739 Weighted average number of shares – basic 31,584,816 31,709,747 Weighted average number of shares – diluted 31,584,816 31,863,168 Earnings (loss) per share attributable to owners of the Company - basic $(0.04) $0.31 Earnings (loss) per share attributable to owners of the Company - diluted $(0.04) $0.31

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11 Financial Information Reconciliation for Adjusted EBITDA, Adjusted EBITDA margin, FFO, AFFO, NOI and NOI margin(1) (1) Refer to the "Non-IFRS Financial Measures and Other Measures and Reconciliations" in the Management's Discussion and Analysis ("MD&A") for more details around the non-IFRS measures. (2) The adjustment related to financing costs includes all financing costs per the statements of profit or loss, as well as interest expenses related to lease liabilities, which are included within investment property operating expenses and general and administrative expenses in the statements of profit or loss (3) Interest income settled in cash is excluded from other income for the calculation of FFO. (4) The adjustment related to financing costs includes the one-time debt extinguishment or modification gain or loss, amortization of debt issuance cost and accrued interest, and exclude the cash settled interest expense. For the three months ended US$ in millions, except for percentages June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Revenues 11.7 11.8 11.1 11.3 11.0 PROFIT (LOSS) FOR THE PERIOD (1.1) 1.1 9.8 4.8 12.4 Financing costs(2) 5.0 5.3 5.7 5.8 5.8 Income tax expense (benefit) 1.3 2.0 3.4 2.4 0.5 Depreciation and amortization 0.2 0.4 0.4 0.4 — Investment property valuation gain 0.3 (1.9) (14.4) (8.2) (4.6) Share-based payment 0.9 0.4 0.4 0.6 1.1 Other income (0.2) (0.3) (0.4) (1.1) (10.8) Other expenses — — 1.2 1.2 1.2 Net foreign currency gain (loss) (0.1) (0.2) — (0.1) 0.2 Adjusted EBITDA 6.3 6.7 6.0 5.8 5.9 Adjusted EBITDA margin 53.7 % 56.5 % 53.8 % 51.6 % 53.8 % For the three months ended US$ in millions June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 PROFIT (LOSS) FOR THE PERIOD (1.1) 1.1 9.8 4.8 12.4 Investment property valuation gain 0.3 (1.9) (14.4) (8.1) (4.6) FFO (0.9) (0.9) (4.7) (3.3) 7.9 Share-based payment 0.9 0.4 0.4 0.6 1.1 Other income(3) (0.1) (0.1) (0.1) (0.7) (10.7) Other expenses — — 0.8 1.2 1.2 FFO (as defined by LPA) (0.1) (0.6) (3.6) (2.2) (0.5) Depreciation and amortization 0.2 0.4 0.4 0.3 — Financing costs(4) 0.1 0.2 0.3 0.1 (0.1) Unrealized foreign currency loss (gain) — (0.1) (0.1) (0.1) 0.2 Straight-line rental revenue — (0.2) — (0.3) (0.6) Adjusted FFO 0.3 (0.4) (3.0) (2.2) (0.9)

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12 Financial Information Reconciliation for Adjusted EBITDA, Adjusted EBITDA margin, FFO, AFFO, NOI and NOI margin (continued)(1) For the three months ended US$ in millions June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Net Operating Income Rental revenues 11.6 11.8 11.0 11.2 10.9 Investment property operating expense (2.0) (2.3) (2.1) (1.6) (1.7) NOI 9.6 9.4 8.9 9.6 9.2 NOI margin 82.8% 80.5% 80.9% 84.8% 84.4% For the three months ended US$ in millions June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Net Operating Income PROFIT (LOSS) FOR THE PERIOD (1.1) 1.1 9.8 4.8 12.4 Other revenue (0.1) (0.1) (0.1) (0.1) — General and administrative 4.6 3.6 4.6 4.8 4.6 Investment property valuation gain 0.3 (1.9) (14.4) (8.2) (4.6) Financing costs 4.9 5.2 5.5 5.8 5.8 Net foreign currency gain (loss) (0.1) (0.2) — — 0.2 Other income (0.2) (0.3) (0.4) (1.1) (10.8) Other expenses — — 0.6 1.2 1.2 Income tax expense 1.3 2.0 3.4 2.4 0.5 NOI 9.6 9.4 8.9 9.6 9.2 Constant currency impact(2) — — 0.1 — (0.1) Less: non same-property NOI(3) 1.0 1.0 — 0.9 0.7 Same-Property NOI(3) 8.6 8.4 9.0 8.7 8.4 NOI 9.6 9.4 8.9 9.6 9.2 Straight-line rental revenue — (0.2) — (0.3) (0.6) CASH NOI 9.6 9.2 8.9 9.2 8.6 Constant currency impact(2) — — 0.1 — 0.1 Less: non same-property cash NOI(3) 0.9 0.6 0.4 0.4 0.1 Same-Property Cash NOI(3) 8.7 8.6 8.6 8.8 8.6 (1) Refer to the "Non-IFRS Financial Measures and Other Measures and Reconciliations" in the MD&A for more details around the non-IFRS measures. (2) Constant currency information is non-IFRS financial information that compares results between periods as if exchange rates had remained constant period-over-period. We use results on a constant currency basis as a measure to evaluate our performance. We calculate constant currency by calculating prior period results using the average foreign currency exchange rate for the three months ended June 30, 2025. (3) The same-property pool includes all properties that were classified as Operating Properties as of June 30, 2025 and since January 1, 2024, and excludes properties that were either disposed of prior to June 30, 2025, or held for sale to a third party as of June 30, 2025. As of June 30, 2025, the same-property pool consisted of 28 buildings aggregating approximately 4.7 million square feet. Non same-property NOI and cash NOI amounts exclude the NOI attributable to the same-property pool, while Same-Property NOI and Cash NOI amounts include the NOI attributable to the same-property pool.

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13 1,255 1,255 1,255 1,255 1,255 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Operations Overview Costa Rica ColombiaPeru By Geography 5,771 5,772 5,543 5,288 5,289 5,293 5,293 5,122 5,122 4,965 478 479 421 166 324 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Development GLA Operating GLA 2,516 2,516 2,516 2,516 2,516 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 1,999 2,001 1,772 1,517 1,517 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Total Portfolio GLA (in thousands of sq ft) Total Portfolio

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14 Total Operating Portfolio 92.2 100.0 100.0 90.0 90.0 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 95.3 95.3 94.8 89.9 89.9 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 95.2 98.7 99.4 99.2 99.8 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 94.5 98.0 98.3 94.5 94.6 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Operations Overview Operating Portfolio – Period End Occupancy (%) Costa Rica ColombiaPeru By Geography

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15 2.4 2.4 2.3 2.1 2.0 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 3.3 3.4 2.6 3.0 2.9 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 5.9 6.0 6.2 6.1 6.0 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 11.6 11.8 11.0 11.2 10.9 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Operations Overview Rental Revenues (US$ million) Total Portfolio (for the three months ended) Costa Rica Peru Colombia By Geography (for the three months ended)

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16 2.0 1.9 2.0 1.8 1.7 2.1 2.0 1.9 1.9 2.0 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 2.6 2.3 1.5 2.4 2.42.7 2.0 1.7 2.1 1.9 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 5.0 5.2 5.4 5.4 5.14.8 5.2 5.3 5.2 4.8 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 9.6 9.4 8.9 9.6 9.29.6 9.2 8.9 9.2 8.7 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Operations Overview Total Portfolio (for the three months ended) Costa Rica Peru Colombia NOI and Cash NOI by Geography (for the three months ended) NOI Cash NOI Net Operating Income (US$ million)

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17 7.34 7.14 6.55 6.76 6.81 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 7.66 7.58 7.49 7.41 7.38 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 8.68 8.60 8.57 8.72 8.60 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 8.07 7.96 7.79 7.92 7.87 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Operations Overview Total Portfolio Costa Rica Peru Colombia By Geography Average Net Effective Rent per Square Foot (US$/SqFt/Yr)

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18 23.9% 0.7% 12.0% 0.3% 15.0%16.6% 2.6% 1.5% (0.4)% 40.5% Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 4.4% (13.2)% (17.9)% (5.4)% (6.0)% 3.1% (19.7)% (26.5)% (7.7)% (1.5)% Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 (5.9)% (0.3)% 0.4% 4.0% (1.2)% (6.5)% (0.4)% (1.2)% 2.8% 9.3% Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 (0.4)% (3.0)% 1.3% 8.8% 2.0% (1.9)% (4.3)% 5.0% 9.2% 14.4% Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Operations Overview Same-Property NOI Growth (% YTD YoY) Total Same-Property Portfolio Costa Rica Peru Colombia By Geography NOI Cash NOI Same-Property NOI Growth (% QTD YoY)

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19 6.3 6.7 6.0 5.8 5.9 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Financial Overview Other Non-IFRS Metrics (US$ million) Adjusted EBITDA (for the three months ended) FFO, as defined by LPA (for the three months ended) (0.1) (0.6) (3.6) (2.2) (0.5) Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024

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20 28.9% 33.4% 24.9% 12.8% Operations Customer Concentration and Lease Expiration Analysis Lease Breakdown as Measured by Total Portfolio NER Customer Type Contractual Rent Increases Leases by Currency As of June 30, 2025 Logistic Services Consumer Goods Distribution Retailer Manufacturing and Other 21.0% 24.0% 51.1% 3.9%COL-CPI US-CPI Constant Escalator Other 79.0% 21.0%USD COP Top 10 Customers as % of Net Effective Rent % of Net Effective Rent Total Square Feet 1 Kuehne + Nagel 7.3% 384,777 2 Pequeño Mundo 6.1% 270,572 3 Alicorp 5.8% 335,812 4 Natura & Co 4.5% 206,785 5 PriceSmart 4.5% 167,831 6 Yichang 4.0% 220,875 7 CEVA 3.6% 219,734 8 Samsung 3.3% 200,209 9 Indurama 3.3% 191,684 10 Ikea 3.3% 185,548 Total 45.7% 2,383,827 Lease Expirations Net Effective Rent % of Currency Year Occupied Sq Ft Annualized (US$ in millions) % of Total $/Sq Ft/Yr COP USD Remainder of 2025 151,448 1.0 2.5% $6.58 — % 100.0% 2026 279,377 2.2 5.5% $7.91 23.6% 76.4% 2027 985,286 7.3 18.1% $7.41 37.7% 62.3% 2028 707,748 5.2 12.9% $7.32 15.4% 84.6% 2029 1,171,026 9.8 24.3% $8.41 26.6% 73.4% 2030 331,743 2.8 6.9% $8.50 — % 100.0% Thereafter 1,375,389 12.0 29.8% $8.75 12.2% 87.8% Total 5,002,017 40.3 100.0% $8.07 21.0% 79.0%

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21 US$ in millions US$ in millions US$ in millions Square Feet Net Effective Rent Investment Properties US$ in millions, except for number of buildings, sq ft, and percentages No. of buildings Total % of Total Occupied % Leased % Year to Date NOI Annualized Sqft / Year Total fair market value % of Total Operating Portfolio Costa Rica 19 2,516,137 47.5% 95.2% 100.0% $10.1 $20.8 $8.68 $260.4 50.4% Colombia 5 1,255,404 23.8% 92.2% 92.2% 3.9 8.5 7.34 119.5 23.1% Peru 7 1,521,047 28.7% 95.3% 100.0% 4.9 11.1 7.66 136.7 26.5% Subtotal 31 5,292,588 100.0% 94.5% 98.2% $19.0 $40.4 $8.07 $516.6 100.0% Development Portfolio Peru 2 478,229 100.0% —% 85.9% — — n.a 24.5 100.0% Total Portfolio 33 5,770,817 94.5% 97.1% $19.0 $40.4 $8.07 $541.1 Operations Investment Properties Portfolio As of June 30, 2025

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22 US$ in millions, except for sq ft, percentages and dates TEI Invested to Date Project Sq Ft Occupied % Leased % FMV Land + Infra Shell Total Land + Infra Shell Total Est. Stabilization Date Annualized estimated Rent Revenues Annualized estimated NOI Est. Return on Cost(1) Est. Develop. Yield(1) Type Peru Callao Logistic Park B. 200 226,095 — 70.2% $6.6 $7.4 $2.7 $10.1 $2.8 $— $2.8 Jun-26 $1.2 $0.9 12.0% 8.5% Pre Leased Callao Logistic Park B. 300B 252,134 — 100.0% 17.9 14.2 7.3 21.5 12.5 1.8 14.3 Nov-25 3.7 2.9 17.2% 13.5% Pre Leased Total 478,229 — 85.9% $24.5 $21.6 $10.0 $31.6 $15.3 $1.8 $17.1 $4.9 $3.8 16.0% 20.9% Capital Deployment Development Portfolio (1) Reflects the total development expenses of the entire industrial park, including costs associated with infrastructure, utilities, and landscaping, not just the individual warehouse. As of June 30, 2025

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23 Gross Land Area (Acres) Buildable Area (Sq Ft)(1) FMV FMV/Sq Ft of Gross Land Area US$ in millions, except for sq ft and percentages Q2 2025 Q4 2024 % Change Q2 2025 Q4 2024 % Change Q2 2025 Q4 2024 % Change Q2 2025 Q4 2024 % Change Colombia 50.6 50.6 —% 1,090,211 1,090,211 0.0% 26.2 23.9 9.9% $11.9 $10.8 9.9% Peru(2) 19.0 30.9 (38.5%) 441,115 670,322 (34.2%) 11.7 16.7 (29.8%) $14.2 $12.4 14.2% Total 69.6 81.5 (14.6%) 1,531,326 1,760,533 (13.0%) 37.9 40.5 (6.4%) $12.5 $11.4 9.6% Capital Deployment Land Portfolio (1) Buildable GLA of the Land Bank (2) Peru has a land lease contract with a third-party whereas LPA, through a 40% LPA -60% Capia ownership structure, acts as a lessee. As of June 30, 2025 and December 31, 2024

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24 Q2 2025 Q1 2025 Net debt (US$ in millions) 244.1 232.8 Net debt over investment properties (end of period) 42.2 % 41.1% Net debt / Adjusted EBITDA ratio(1) 9.4x 8.7x Net debt / NOI(1) 6.4x 6.2x US$ in millions Maturity Loans Wtd Avg.Cash Interest Rate Remainder of 2025 $4,507,486 6.1% 2026 $10,302,940 5.9% 2027 $11,331,629 6.0% 2028 $12,154,637 6.0% 2029 $13,079,339 6.1% 2030 $16,032,189 6.2% Thereafter $210,332,589 5.7% Sub-total debt at par $277,740,809 5.8% Accrued and deferred financing cost, net $(1,609,659) Total Debt $276,131,150 25.5% 74.5% Fixed vs Floating Rate Debt 100.0% Secured vs Unsecured Debt 86.7% 13.3% Capitalization Debt Summary and Metrics Debt Summary Debt Metrics As of June 30, 2025 (1) Net Debt related multiples are calculated using the annualized Adjusted EBITDA and NOI in their respective calculations. Debt by Currency SecuredFixed FloatingUSD COP

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26 Definitions Return on Cost This is calculated on development properties as Stabilized rental revenue divided by TEI. Same-Property Our Same-Property metrics are non-IFRS financial measures, which are commonly used in the real estate industry and expected from the financial community, on both a net-effective and cash basis. We evaluate the performance of the operating properties we own and manage using a "Same-Property" analysis because the population of properties in this analysis is consistent from period to period, which allows us to analyze our ongoing business operations. The Same-Property population for a given period includes the operating properties that were owned during the entirety of that period and the corresponding prior year period. Properties developed or acquired are excluded from the Same- Property population until they are held in the operating portfolio for the entirety of both such periods, and properties that sold during such periods are also excluded from the Same-Property population. We have defined the Same-Property portfolio, for the three months ended September 30, 2024, as those properties that were owned by LPA as of January 1, 2023 and have been in operations throughout the same three-month periods in both 2023 and 2024. We believe the factors that affect lease rental income, rental recoveries, property operating expenses and NOI in the Same-Property portfolio are generally the same as for our total operating portfolio. We use the following Same- Property metrics to valuate the performance of our operating properties: Same-Property NOI LPA defines Same Property NOI as NOI less non same-property NOI and adjusted for constant currency. LPA evaluates the performance of the properties it owns using a Same Property NOI, and LPA's management believes that Same Property NOI is helpful to investors and management as a supplemental performance measure because it includes the operating performance from the population of properties that is consistent from period-to-period, thereby eliminating the effects of changes in the composition of LPA's portfolio on performance. When used in conjunction with IFRS financial measures, Same Property NOI is a supplemental measure of operating performance that LPA's management believes is a useful measure to evaluate the performance and profitability of LPA investment properties Same-Property Cash NOI LPA defines Same Property Cash NOI as Cash NOI less non same-property cash NOI and adjusted for constant currency. The same property population for a given period includes the operating properties that were owned during the entirety of that period and the corresponding prior year period. Properties developed or acquired are excluded from the same property population until they are held in the operating portfolio for the entirety of both such periods, and properties that sold during such periods are also excluded from the same property population. Stabilization LPA defines stabilization as the earlier of the point at which a developed property has been completed for one year, or when it reaches a 90% occupancy rate. Stabilized NOI This metric is the estimated twelve months of potential gross rental revenue (base rent, including above or below market rents plus operating expense reimbursements) multiplied by 95% to adjust income to a stabilized vacancy factor of 5%, minus estimated operating expenses. Total Expected Investment ("TEI") This represents total estimated cost of development or expansion, including land, development and leasing costs. TEI is based on current projections and is subject to change. Total Portfolio is comprised of the Operating Portfolio and Development Portfolio. Discounted Cash Flow Method Using this valuation method, future cash flows forecasted over an investment horizon, together with the proceeds of a deemed disposition at the end of the holding period. This method allows for modeling any uneven revenues or costs associated with lease up, rental growth, vacancies, leasing commissions, tenant inducements and vacant space costs. These future financial benefits are discounted to a present value at an appropriate discount rate based on market transactions. • A discount rate applicable to future cash flows and determined primarily by the risk associated with income, and • A capitalization rate used to obtain the future value of the property based on estimated future market conditions. These rates are determined based on: • The constant interviews we have with the developers, brokers, clients and active players in the market to know their expectation of IRR (before debt or without leverage). • Mainly the real transactions in the market are analyzed. Since we are a leading company in the real estate sector, we have extensive experience in most purchase transactions and we have the details of these before and during the purchase, which allows us to have a solid base when selecting our rates. Direct Capitalization Method This method involves capitalizing a fully leased net operating income estimate by an appropriate yield. This approach is best utilized with stabilized assets, where there is little volatility in the net income and the growth prospects are also stable. It is most commonly used with single tenant investments or stabilized investments. Direct Comparison Approach The Direct Comparison Approach utilizes sales of comparable properties, adjusting for differences to estimate a value for the subject property. This approach is developed in a simplified method to establish a range of unit prices for market comparable sales. This method is typically developed to support the Income Approach rather than to conclude on a value. Cost Approach The Cost Approach is based on the principle of substitution - that a prudent and rational person would pay no more for a property than the cost to construct a similar and competitive property - assuming no undue delay in the process. The Cost Approach tends to set the upper limit of value before depreciation is considered. Gross Leasable Area (GLA). The total floor area designed for tenant occupancy and exclusive use, including basements, mezzanines, and upper floors. Net Effective Rent ("NER") This amount is calculated at the beginning of the lease using estimated total cash base rent to be received over the term and annualized. The NER per square foot number is calculated by dividing the annualized net effective rent by the occupied square feet of the lease. Net Operating Income ("NOI") LPA defines NOI as profit for the period excluding (a) other revenue (which primarily relates to development fee revenue), (b) general and administrative expenses, (c) listing expense, (d) investment property valuation gain, (e) interest income from affiliates, (f) financing costs, (g) net foreign currency gain or loss, (h) other income, (i) gain on disposition of asset held for sale, (j) other expenses, and (k) income tax expense. Operating Portfolio This includes stabilized industrial properties. Assets held for sale are excluded from the portfolio.

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www.lpamericas.com

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## Exhibit 99.3

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Investor Presentation Second Quarter 2025

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Disclaimer This presentation (the "Presentation") is provided for informational purposes only and has been prepared to provide interested parties with certain information about Logistic Properties of the Americas and its subsidiaries (collectively, "LPA") and for no other purpose. This Presentation is not a prospectus, product disclosure statement or any other offering or disclosure document under any other law. The information contained herein is of a general background nature and does not purport to be exhaustive, all-inclusive or complete. This Presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase, any equity, debt or other financial instruments of LPA. No such offering of equity or debt securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom. No representations or warranties, express or implied are given in, or in respect of, the accuracy or completeness of this Presentation or any other information (whether written or oral) that has been or will be provided to you. To the fullest extent permitted by law, LPA disclaims any and all liability for any loss or damage (whether foreseeable or not) suffered or incurred by any person or entity as a result of anything contained or omitted from this Presentation and such liability is expressly disclaimed. The viewer of this Presentation agrees that it shall not seek to sue or otherwise hold LPA or any of its respective directors, officers, employees, affiliates, agents, advisors or representatives liable in any respect for the provision of this Presentation, the information contained in this Presentation, or the omission of any information from this Presentation. Viewers of this Presentation should each make their own evaluation of LPA and of the relevance and adequacy of the information provided in this Presentation and should make such other investigations as they deem necessary before making an investment decision. Nothing herein should be construed as legal, financial, tax or other advice. You should consult your own advisers concerning any legal, financial, tax or other considerations concerning anything described herein, and, by accepting this Presentation, you confirm that you are not relying solely upon the information contained herein to make any investment decision. The general explanations included in this Presentation cannot address, and are not intended to address, your specific investment objectives, financial situations or financial needs. Forward-Looking Statements This Presentation contains certain forward-looking information which may not be included in future public filings or investor guidance. The inclusion of forward-looking financial information or metrics in this Presentation should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this Presentation may be considered forward-looking statements. Forward- looking statements include, without limitation, statements about future events or LPA's future financial or operating performance. For example, statements regarding anticipated growth in the industry in which LPA operates and anticipated growth in demand for LPA's products and solutions, the anticipated size of LPA's addressable market and other metrics are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "pro forma," "may," "should," "could," "might," "plan," "possible," "project," "strive," "budget," "forecast," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA's management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA's control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA's actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore cautions against relying on any of these forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA's control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA's ability to manage growth; (iii) LPA's ability to continue to comply with applicable listing standards of NYSE American; (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA's estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission (the "SEC"). There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward-looking statements due to their inherent uncertainty. Nothing in this Presentation should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Industry and Market Data This Presentation also contains estimates and other statistical data made by independent parties which they believe to be reliable and by LPA relating to market size and growth and other data about LPA's industry. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. In addition, projections, assumptions, and estimates of the future performance of the markets in which LPA operates are necessarily subject to a high degree of uncertainty and risk. LPA has not independently verified the accuracy or completeness of the independent parties' information. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of such independent information. Trademarks LPA owns or has rights to various trademarks, service marks and trade names used is connection with the operation of its business. This Presentation may also contain trademarks, service marks, trade names and copyrights of other companies or third parties, which are the property of their respective owners. LPA's use thereof does not imply an affiliation with, or endorsement by, the owners of such trademarks, service marks, trade names and copyrights. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this Presentation may be listed without the TM, SM or symbols, but LPA will assert, to the fullest extent under applicable law, the rights of the applicable owners to these trademarks, service marks, trade names and copyrights. Financial Measures Certain financial information contained herein is unaudited and is based on internal records and/or estimates. The Presentation also contains unaudited alternative financial measures that are measures of financial performance not calculated in accordance with generally accepted accounting principles in the United States (or international financial reporting standards ("IFRS")) and should not be considered as replacements or alternatives to net income or loss, cash flow from operations or other measures of operating performance or liquidity of LPA. These alternative financial measures should be viewed in addition to, and not as a substitute for, analysis of LPA's results reported in accordance with IFRS or otherwise. Notwithstanding these limitations, and in conjunction with other accounting and financial information available, LPA's management considers the alternative financial measures contained in this presentation (including EBITDA, EBITDA margin, Net Debt, Net Operating Income (NOI), LTM NOI, NOI margin, Cash NOI, Same-Property NOI, Same-Property Cash NOI, Enterprise Value, Equity Value, FFO, AFFO, Yield-to- cost, and Return on Equity (ROE)) reasonable indicators for comparisons between LPA and LPA's principal competitors on the market. These alternative financial measures are used by market participants for comparative analysis, albeit with certain limitations as analytical tools, of the results of businesses in the sector and as indicators of LPA's capacity to generate cash flows. Nevertheless, alternative financial measures do not have any standardized meaning and therefore may not be comparable to similar measures presented by other companies. You should review LPA's financial statements and additional information included in its filings with the SEC.

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3 Development and construction(2) of properties in the land bank DEVELOPER Asset ownership on a long-term basis OWNER Leasing and management(3) of assets MANAGER Logistic Properties of the Americas is a leading developer, owner, acquirer and manager of logistic and industrial real estate of international quality in Central and South America. LPA is one of the few, internally managed, vertically-integrated and institutional platforms operating across the region(1). Acquisition of stabilized assets ACQUIRER Notes: (1) The Company considers that most real estate companies and funds in Costa Rica, Colombia, and Peru do not focus exclusively on the industrial segment; instead, they have investments across multiple sectors, including retail, hospitality, and others, and often lack a regional presence. (2) Construction is outsourced to construction companies; (3) Relationship with tenants and administration of logistics parks.

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4 LIMA, PERU Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 1,521,047 478,229 19.0 BOGOTA, COLOMBIA Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 1,255,404 - 50.6 SAN JOSE, COSTA RICA Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 2,516,137 - - 7.3 mm sqft Gross Leasable Area(1) 81.9% US dollars-denominated Leases(3) 5.0 years Avg. remaining lease life(4) Current Operations Expansion Plans Logistic Park San Jose Verbena, Alajuelita, Costa Rica Logistic Park Calle 80, Bogota, Colombia Logistic Park Lurin I, Lima, Peru LPA at a Glance As of June 30, 2025 94.5% Occupancy(2) Example Properties Logistic Park Lima Sur, Lima, Peru US $37.5 mm Q2'25 LTM 2025 NOI (5) 6.6% Cash NOI Growth YTD 2025 – 2024 (1) Includes 5.8 million sq ft of GLA in our total portfolio and 1.5 million of potential new GLA to be built-out in our land portfolio. (2) Operating Portfolio period end occupancy. (3) Based on active leases as of June 30, 2025. (4) Remaining lease life weighted average by leased area (5) Includes NOI for the four-quarter period ended June 30, 2025. (6) Land reserve acres are adjusted for Floor Area Ratio ("FAR").

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5 Natural Light Fire Protection System: NFPA Clear Height: 39 ft Floor Capacity: 0.5-0.7 Tons/sqft LPA Develops Facilities to meet U.S. Institutional Standards Facility Specs Interiors Distance between Columns: optimized

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6 Container Parking Platforms: 1 per 5,059 sqft Shared Maneuvering Yards: 187 ft Exclusive Maneuvering Yard: 125 ft LPA Develops Facilities to meet U.S. Institutional Standards Facility Specs Exteriors

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7 $5.3 $9.1 2025 2029E CAGR 25-29E: 9% $159 $175 $191 $208 $227 2025 2026E 2027E 2028E 2029E $.7 $1.4 2025 2029E 14% E-commerce is a Resilient Driver of Demand E-commerce requires ~3.0x the logistical space as compared to traditional retail logistics operations. E-commerce will continue to drive significant demand for LPA Source: Euromonitor, Apr 8, 2025 E-Commerce Penetration (E-Commerce as % of total sales – 2Q25)(US$ in billions) 2025 – 2029E CAGR Latin America Costa Rica 17% E-Commerce Sales – Latin America Peru 14% 27.9% 29.1% 21.0% 16.6% 14.4% 5.0% APAC North America Central & Eastern Europe Western Europe Latin America Middle East & Africa Colombia $7.4 $12.5 2025 2029E

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8 Colombia Proven Track Record of Performance and Growth Net Operating Income As of June 30, 2025 (1) 2021 – 2024 (Annualized) Operating Portfolio GLA Adjusted EBITDA US$ in thousands Sq Ft in thousands CAGR(1): 9.4% US$ in thousands CAGR(1): 12.3% CAGR(1): 4.2% 4,038 4,620 5,122 5,293 2022 2023 2024 Q2 2025 $22,195 $25,953 $25,604 $25,077 2022 2023 2024 LTM Q2 2025 $26,483 $34,185 $36,607 $37,481 $14,329 $19,352 $20,756 $20,947 $7,063 $7,784 $8,263 $8,826$5,091 $7,049 $7,588 $7,708 2022 2023 2024 LTM Q2 2025 Costa Rica Peru

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9 Coveted Tenant Relationships LPA's differentiated Class A product and geographic diversification make it the ideal partner to large multinationals and respected regional / local players Logistic Services Consumer Goods and Distribution Retailer (including E-Commerce) Manufacturing and Other

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10 28.9% 33.4% 24.9% 12.8% Operations Customer Concentration and Lease Expiration Analysis Lease Breakdown as Measured by Total Portfolio NER Customer Type Contractual Rent Increases Leases by Currency As of June 30, 2025 Logistic Services Consumer Goods Distribution Retailer Manufacturing and Other 21.0% 24.0% 51.1% 3.9%COL-CPI US-CPI Constant Escalator Other 79.0% 21.0%USD COP Top 10 Customers as % of Net Effective Rent % of Net Effective Rent Total Square Feet 1 Kuehne + Nagel 7.3% 384,777 2 Pequeño Mundo 6.1% 270,572 3 Alicorp 5.8% 335,812 4 Natura & Co 4.5% 206,785 5 PriceSmart 4.5% 167,831 6 Yichang 4.0% 220,875 7 CEVA 3.6% 219,734 8 Samsung 3.3% 200,209 9 Indurama 3.3% 191,684 10 Ikea 3.3% 185,548 Total 45.7% 2,383,827 Lease Expirations Net Effective Rent % of Currency Year Occupied Sq Ft Annualized (US$ in millions) % of Total $/Sq Ft/Yr COP USD Remainder of 2025 151,448 1.0 2.5% $6.58 — % 100.0% 2026 279,377 2.2 5.5% $7.91 23.6% 76.4% 2027 985,286 7.3 18.1% $7.41 37.7% 62.3% 2028 707,748 5.2 12.9% $7.32 15.4% 84.6% 2029 1,171,026 9.8 24.3% $8.41 26.6% 73.4% 2030 331,743 2.8 6.9% $8.50 — % 100.0% Thereafter 1,375,389 12.0 29.8% $8.75 12.2% 87.8% Total 5,002,017 40.3 100.0% $8.07 21.0% 79.0%

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11 10.9 11.2 11.0 11.8 11.6 9.2 9.6 8.9 9.4 9.6 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Rental Revenues and Net Operating Income continues to grow as positive annual changes in leases and increase in GLA Cash Same Properties NOI Growth Driven by Rent Growth and Free Rent Period Burning Out Solid Operating Performance Period-End Operating Portfolio Occupancy and Period-End Leased Development Portfolio Data as of June 30, 2025 94.6% 94.5% 98.3% 98.0% 94.5%92.3% 84.8% 100.0% 73.8% 85.9% Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Operating Portfolio Development Portfolio US$ in millions Rental Revenues NOI 2.0% 8.8% 1.3% (3.0)% (0.4)% 14.4% 9.2% 5.0% (4.3)% (1.9)% Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Same-Property NOI Same-Property Cash NOI

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12 90% 10% 441 1,090 Data as of June 30, 2025 Organic Growth of up to ~1.5 million additional square feet through the Development of our Land Portfolio 5,293 sq ft 478 sq ft 1,531 sq ft 7,302 sq ft Operating Portfolio Dev. Portfolio Land bank and Expansion Land (square feet in thousands) Operating Portfolio by Country Development Portfolio by Country Operating Portfolio Acquired vs Developed (based on sq ft) (based on sq ft) (based on sq ft) OPERATING PORTFOLIO METRICS Net Rentable Area (sq ft) 5,292,588 Average Portfolio Aging 4.4 years Number of Logistic Properties 31 Period End Occupancy % 94.5% Average Building Size per Country: sq ft in 000's Costa Rica 110 sq ft – 215 sq ft Peru 160 sq ft – 270 sq ft Colombia 215 sq ft– 325 sq ft Average Tenant Size per Country: sq ft in 000's Costa Rica 54 sq ft – 160 sq ft Peru 85 sq ft – 215 sq ft Colombia 160 sq ft– 270 sq ft DEVELOPMENT PORTFOLIO METRICS Net Rentable Area (sq ft) 478,229 Number of Logistic Properties 2 Leased % 85.9% Development Pipeline per Country: Bldg # GLA (sq ft) % Leased Costa Rica — — — Peru 2 478,229 85.9% Colombia — — — Total 2 478,229 85.9% 47% 29% 24% Land bank and Expansion Land Based on Buildable Square Feet in Thousands Peru Colombia Costa Rica Peru Colombia Peru Developed Acquired

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13 Q2 2025 Q1 2025 Net debt (US$ in millions) 244.1 232.8 Net debt over investment properties (end of period) 42.2 % 41.1% Net debt / Adjusted EBITDA ratio(1) 9.4x 8.7x Net debt / NOI(1) 6.4x 6.2x US$ in millions Maturity Loans Wtd Avg.Cash Interest Rate Remainder of 2025 $4,507,486 6.1% 2026 $10,302,940 5.9% 2027 $11,331,629 6.0% 2028 $12,154,637 6.0% 2029 $13,079,339 6.1% 2030 $16,032,189 6.2% Thereafter $210,332,589 5.7% Sub-total debt at par $277,740,809 5.8% Accrued and deferred financing cost, net $(1,609,659) Total Debt $276,131,150 25.5% 74.5% Fixed vs Floating Rate Debt 100.0% Secured vs Unsecured Debt 86.7% 13.3% Capitalization Debt Summary and Metrics Debt Summary Debt Metrics As of June 30, 2025 (1) Net Debt related multiples are calculated using the annualized Adjusted EBITDA and NOI in their respective calculations. Debt by Currency SecuredFixed FloatingUSD COP

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14 Strong Focus on Sustainability We believe our ESG commitment is institutionalized in LPA's corporate culture Social Governance Warehouses comply with highest standards of efficiency and environmental sustainability by means of EDGE certification – EDGE certification (sponsored by the IFC and World Bank), promotes the development of sustainable buildings with savings of at least 20% of potable water, electricity consumption and carbon footprint levels compared with conventional buildings All of LPA's projects are managed through the Ecological Blue Flag Program (Bandera Azul), an award that acknowledges effort and volunteer work seeking to improve social and environmental conditions Internally managed - alignment of interests Board of Directors with extensive experience and adequate representation of shareholders Committees led by independent members Transparency through defined policies and regulations Protection mechanisms for minority shareholders Defined investment criteria Long-term incentive program prepared for managers Human Capital: professional development policies, training programs, annual bonus, feedback and annual review Value Chain: strict supplier selection criteria, suppliers code of conduct and databases, sustainable procurement practices, sustainable use of facilities manual for tenants, open communications channels Deep understanding of client needs – strategic partners in growth Community: sustainable business and community strategy, "Bandera Azul Ecológica" environmental program, corporate volunteering & environmental education Environmental

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15LPA Logistic Park Calle 80, Colombia Appendix

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16 Strong Focus on Sustainability The CEO and CFO have a combined track record of 30+ years and are complemented by local managers with deep knowledge of their respective markets Country Manager, Costa Rica Luis Conejo • 5 years with LPA • Previously Client Relationship Manager at Vivicon • 15+ years of experience, 7 years with LPA • Principal in the Investment Team at Jaguar Growth Partners, a global private equity firm • Significant experience in real estate operating companies. • Led and executed multiple M&A transactions in the region • International investment banking experience (J.P. Morgan) • MBA from Columbia Business School in New York City and B.S. and M.Sc. in Economics from Universidad Javeriana in Bogota Esteban Saldarriaga Annette Fernández • 15+ years of industry experience, 7 years with LPA • Previously VP of Financial Operations and Investor Relations for FIBRA Prologis • 5 years at PwC. • B.S. in Accounting from University of Puerto Rico CEO COO Guillermo Zarco Country Manager, Colombia • 8 years with LPA • Previously Logistics Portfolio Manager at Terranum Alvaro Chinchayan Country Manager, Peru • 8 years with LPA • Previously Project Manager at PECSA and General Manager at Papelera Alfa Paul Smith • 15+ years of experience as a CFO of public and private companies • Experienced in financial structuring. Closed transactions in asset-heavy and asset-light businesses • Led and executed multiple M&A transactions in the region, consulting experience from McKinsey & Co. • MBA from Harvard Business School and B.S. in Accounting and Finance from Universidad Panamericana in Guadalajara, Mexico CFO Esteba l a riaga ith LPA has extensive industrial and real estate experience in Central and South America

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17 As a Corporate Entity, LPA Offers a Differentiated Value Proposition Notes: (1) Assets Under Management Corporate Entity REIT Investment Focus • Focused on industrial real estate assets – Participate in the whole value chain with Development capabilities + Asset valuation + Asset Management • Rules on how assets must be invested – Total assets must be at least 75% real estate investments – Acquired or developed assets should be used for leasing activities only – No more than 20% of the assets can be invested in other REITs listed on the Stock Market Fee Structure • More Shareholder-Friendly Structure – No fees charged to investors – In-house management is fully aligned with the Company's objectives • Fee structures can create conflicts of interest – Includes investor fees: i) fixed fee based on a % of AUM(1); and ii) incentive fee / specific metrics. – Potential conflict in prioritizing AUM(1) growth at the expense of choosing profitable, high-yielding investments Distributions • Focused on real estate quality and long-term value – Focused on total return – No requirement by regulation to distribute dividends – Taxes at the corporate level – All distributions to shareholders are post income tax on the P&L • Focused on initial returns – Focused on dividend yield – Required to distribute at least 90% of taxable net income as dividends annually – No taxes at the corporate level. Pass-through vehicle for the investor, subject to fiscal regime Compensation Structure • Internally Managed – Employed manager – Platform included (investment team, back-office support, etc.) • Externally Managed – Third-party manager – Dependence on the infrastructure of an external administrator

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19 Definitions Return on Cost This is calculated on development properties as Stabilized rental revenue divided by TEI. Same-Property Our Same-Property metrics are non-IFRS financial measures, which are commonly used in the real estate industry and expected from the financial community, on both a net-effective and cash basis. We evaluate the performance of the operating properties we own and manage using a "Same-Property" analysis because the population of properties in this analysis is consistent from period to period, which allows us to analyze our ongoing business operations. The Same-Property population for a given period includes the operating properties that were owned during the entirety of that period and the corresponding prior year period. Properties developed or acquired are excluded from the Same-Property population until they are held in the operating portfolio for the entirety of both such periods, and properties that sold during such periods are also excluded from the Same-Property population. We have defined the Same-Property portfolio, for the nine months ended September 30, 2024, as those properties that were owned by LPA as of January 1, 2023 and have been in operations throughout the same nine-month periods in both 2023 and 2024. We believe the factors that affect lease rental income, rental recoveries, property operating expenses and NOI in the Same-Property portfolio are generally the same as for our total operating portfolio. We use the following Same-Property metrics to valuate the performance of our operating properties: Same-Property NOI LPA defines Same Property NOI as NOI less non same-property NOI and adjusted for constant currency. LPA evaluates the performance of the properties it owns using a Same Property NOI, and LPA's management believes that Same Property NOI is helpful to investors and management as a supplemental performance measure because it includes the operating performance from the population of properties that is consistent from period-to-period, thereby eliminating the effects of changes in the composition of LPA's portfolio on performance. When used in conjunction with IFRS financial measures, Same Property NOI is a supplemental measure of operating performance that LPA's management believes is a useful measure to evaluate the performance and profitability of LPA investment properties Same-Property Cash NOI LPA defines Same Property Cash NOI as Cash NOI less non same-property cash NOI and adjusted for constant currency. The same property population for a given period includes the operating properties that were owned during the entirety of that period and the corresponding prior year period. Properties developed or acquired are excluded from the same property population until they are held in the operating portfolio for the entirety of both such periods, and properties that sold during such periods are also excluded from the same property population. Stabilization LPA defines stabilization as the earlier of the point at which a developed property has been completed for one year, or when it reaches a 90% occupancy rate. Stabilized NOI This metric is the estimated twelve months of potential gross rental revenue (base rent, including above or below market rents plus operating expense reimbursements) multiplied by 95% to adjust income to a stabilized vacancy factor of 5%, minus estimated operating expenses. Total Expected Investment ("TEI") This represents total estimated cost of development or expansion, including land, development and leasing costs. TEI is based on current projections and is subject to change. Total Portfolio is comprised of the Operating Portfolio and Development Portfolio. Discounted Cash Flow Method Using this valuation method, future cash flows forecasted over an investment horizon, together with the proceeds of a deemed disposition at the end of the holding period. This method allows for modeling any uneven revenues or costs associated with lease up, rental growth, vacancies, leasing commissions, tenant inducements and vacant space costs. These future financial benefits are discounted to a present value at an appropriate discount rate based on market transactions. • A discount rate applicable to future cash flows and determined primarily by the risk associated with income, and • A capitalization rate used to obtain the future value of the property based on estimated future market conditions. These rates are determined based on: • The constant interviews we have with the developers, brokers, clients and active players in the market to know their expectation of IRR (before debt or without leverage). • Mainly the real transactions in the market are analyzed. Since we are a leading company in the real estate sector we have extensive experience in most purchase transactions and we have the details of these before and during the purchase, which allows us to have a solid base when selecting our rates. Direct Capitalization Method This method involves capitalizing a fully leased net operating income estimate by an appropriate yield. This approach is best utilized with stabilized assets, where there is little volatility in the net income and the growth prospects are also stable. It is most commonly used with single tenant investments or stabilized investments. Direct Comparison Approach The Direct Comparison Approach utilizes sales of comparable properties, adjusting for differences to estimate a value for the subject property. This approach is developed in a simplified method to establish a range of unit prices for market comparable sales. This method is typically developed to support the Income Approach rather than to conclude on a value. Cost Approach The Cost Approach is based on the principle of substitution - that a prudent and rational person would pay no more for a property than the cost to construct a similar and competitive property - assuming no undue delay in the process. The Cost Approach tends to set the upper limit of value before depreciation is considered. Gross Leasable Area (GLA). The total floor area designed for tenant occupancy and exclusive use, including basements, mezzanines, and upper floors. Net Effective Rent ("NER") This amount is calculated at the beginning of the lease using estimated total cash base rent to be received over the term and annualized. The NER per square foot number is calculated by dividing the annualized net effective rent by the occupied square feet of the lease. Net Operating Income ("NOI") LPA defines NOI as profit for the period excluding (a) other revenue (which primarily relates to development fee revenue), (b) general and administrative expenses, (c) listing expense, (d) investment property valuation gain, (e) interest income from affiliates, (f) financing costs, (g) net foreign currency gain or loss, (h) other income, (i) gain on disposition of asset held for sale, (j) other expenses, and (k) income tax expense. Operating Portfolio This includes stabilized industrial properties. Assets held for sale are excluded from the portfolio.

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www.lpamericas.com

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