Logistic Properties of the Americas to Ring Opening Bell at New York Stock Exchange
30 Mai 2024 - 12:00PM
Business Wire
Logistic Properties of the Americas (“LPA” or the “Company”), a
leading developer, owner and manager of institutional quality,
Class A industrial and logistics real estate in Central and South
America, today announced that it will ring the Opening Bell at the
New York Stock Exchange (“NYSE”) on May 30, 2024, to celebrate the
Company’s public listing that followed its previously disclosed
business combination with TWOA.
Esteban Saldarriaga, CEO of LPA, said, “LPA’s listing on the
NYSE has given us greater access to capital to expand our
vertically integrated industrial and logistics real estate platform
to further capitalize on Latin America’s significant nearshoring
and e-commerce tailwinds. We are proud to join many of the world’s
leading companies on the NYSE, some of which we serve with LPA’s
premium, EDGE certified properties in strategic locations in the
region’s high-growth markets.”
Mr. Saldarriaga will be joined by members of LPA’s senior
leadership team and other colleagues to ring the Opening Bell at
9:30 a.m. ET. The event will be posted on LinkedIn, X and YouTube
at this time as well as live stream at
https://www.nyse.com/bell.
About Logistic Properties of the Americas
Logistic Properties of the Americas is a leading developer,
owner, and manager of institutional quality, Class A industrial and
logistics real estate 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. LPA’s strong customer relationships and
insight is expected to enable future growth through the development
and acquisition of high-quality, strategically located facilities
in its target markets. As of December 31, 2023, LPA consisted of an
operating and development portfolio of thirty-four logistic
facilities in Colombia, Peru and Costa Rica totaling more than
491,000 square meters (or approximately 5.3 million square feet) of
gross leasable area.
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 in 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240530383985/en/
Media Relations: Zach Kouwe / Kendal Till Dukas Linden
Public Relations +1 646-722-6533 LLP@dlpr.com Investor
Relations: Jennifer Carranza Logistic Properties of the
Americas +506 2204-7020 ir@lpamericas.com Barbara Cano InspIR Group
+1 917 861 2530 barbara@inspirgroup.com
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