US Stock Alert | LPA surges 57% pre-market! Sells Peru logistics park for $145 million, nets $85 million profit and establishes strategic alliance

格隆汇 June 18｜A certain exchange surged 57.68% before the market open, trading at $4.95. According to news, LPA announced the sale of its flagship logistics park in Lima, Peru—Parque Logístico Lima Sur—to Peru's renowned diversified real estate investment trust (REIT) FIBRA Prime for $145 million. Before repaying related debts and paying taxes, this transaction is expected to bring LPA a net profit of $85 million. The sale is not only an asset divestment but also marks the establishment of a strategic partnership between LPA and FIBRA Prime. LPA will continue to operate the logistics park on behalf of FIBRA Prime, overseeing tenant relations and service delivery, and will thus earn recurring management fee income.