LPA to Sell Colombian Logistic Assets for $152 Million

Key Facts

1Logistic Properties of the Americas announced an agreement to sell income-producing facilities in Bogotá, Colombia, for COP 500 billion.

2The buyer is Bancolombia S.A., a subsidiary of Grupo Cibest S.A., for approximately US$152 million.

Logistic Properties of the Americas announced an agreement to sell income-producing facilities in Bogotá, Colombia, for COP 500 billion. Business Wire reported that the buyer is Bancolombia S.A., a subsidiary of Grupo Cibest S.A., for a total consideration of approximately $152 million.

The transaction involves stabilized assets within the Parque Logístico Calle 80 and represents a monetization of the company's Colombian logistics portfolio. Shares of LPA closed at $2.99 on October 2, 2026, while CIB closed at $91.91 on the same date.