Logistic Properties of the Americas agrees to sell Bogotá logistics assets for COP 500 billion to Bancolombia

• Logistic Properties of the Americas agreed to sell five fully leased logistics buildings in Bogotá’s Calle 80 park to Bancolombia for COP 500 billion.
• All-cash deal valued at about USD 152 million; closing expected early Q4 2026, subject to customary conditions.
• Assets total about 1.26 million sq ft; price implies an 8.2% in-place cap rate.
• Expected net after-tax distributable proceeds of about USD 70 million; capital earmarked for higher-return growth, with focus shifting toward Mexico.
• Company will retain land for about 1.08 million sq ft of future development; to manage the park for a 1.5% fee on rental revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Logistic Properties of The Americas published the original content used to generate this news brief via Business Wire (Ref. ID: 202610050830BIZWIRE_USPR_____20261001_BW140423) on October 05, 2026, and is solely responsible for the information contained therein.