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Logistic Properties of the Americas(LPA) - 2024 Q4 - Annual Report

• Revenue increased 11.2% to 43.8millionin2024,primarilydueto43.8 million in 2024, primarily due to 3.6 million in additional rental income from three buildings that were stabilized in 2024 and to a 1.9millionincreaseinrevenuerelatedtohigherrentalratesassociatedwithleaserolloversandcontractualrentincreases.TheseYoYrevenueincreaseswerepartiallyoffsetbytheNovember2023tacticaldivestmentofabuildinginColombiathathadcontributed1.9 million increase in revenue related to higher rental rates associated with lease rollovers and contractual rent increases. These YoY revenue increases were partially offset by the November 2023 tactical divestment of a building in Colombia that had contributed 0.9 million in rental revenues for full year 2023 and by a $0.8 million reve ...