Financial Data and Key Metrics Changes - Rental revenue increased by 6.4% to $11.7 million in Q2 2025, and grew 9.6% on a six-month basis [6] - Net operating income rose by 3.7% in the quarter and 4.8% during the first half [7] - Operating cash flow increased by 23.5% year over year to $8.9 million [17] - Financing costs decreased by over 15% due to lower interest rates in Colombia [17] - Average net effective rent per square foot was $8.07, an increase of 2.5% compared to Q2 2024 [15] Business Line Data and Key Metrics Changes - Colombia led revenue growth with a 19% increase, followed by Peru at 10.7%, while Costa Rica saw a decrease of 1% [13] - Operating Gross Leasable Area (GLA) increased by 6.6% year over year to 5.3 million square feet, with total GLA rising by 9.1% to 5.8 million square feet [15] Market Data and Key Metrics Changes - Demand for premium logistics and industrial real estate continues to outstrip supply in target markets, particularly in Colombia and Peru [12][22] - The life sciences sector in Costa Rica and the mining sector in Peru are driving economic growth and demand for logistics facilities [22] Company Strategy and Development Direction - The company is expanding its property portfolio to capture growth in target markets, with a focus on Mexico as a key market for future growth [6][9] - Ongoing construction of new facilities, including Building 300 in Lima, is expected to contribute significantly to near-term growth [8] - The company aims to maintain a disciplined approach to investments in Mexico, focusing on domestic consumption-driven sectors [12][24] Management's Comments on Operating Environment and Future Outlook - Management emphasized strong domestic consumption trends supporting demand for logistics facilities [21] - The company expects to benefit from operating leverage as new facilities come online, enhancing earnings power by late 2025 and into 2026 [24] - There is a clear flight to quality in the market, with the company capturing premium pricing due to market tightness [23] Other Important Information - The company is facing administrative delays in the purchase of two logistics facilities in Puebla, Mexico, but remains confident in the attractiveness of the transaction [10] - A strategic partnership with Allos in Mexico is expected to enhance local market penetration and operational excellence [11] Q&A Session Summary Question: Decrease of other income - The decrease in other income was attributed to one-time fees related to lockup releases from shareholders when the company went public [20]

Investor Presentation Second Quarter 2025 Disclaimer This presentation (the "Presentation") is provided for informational purposes only and has been prepared to provide interested parties with certain information about Logistic Properties of the Americas and its subsidiaries (collectively, "LPA") and for no other purpose. This Presentation is not a prospectus, product disclosure statement or any other offering or disclosure document under any other law. The information contained herein is of a general backg ...

Financial Data and Key Metrics Changes - Revenue increased by 12.9% to $11.8 million and NOI grew almost 6% to $9.4 million in Q1 2025 [5] - Average rent per square foot increased by 1.9% across the property portfolio compared to Q1 2024 [14] - Net debt to adjusted EBITDA improved, decreasing by 30 basis points over the same period [17] Business Line Data and Key Metrics Changes - Peru, representing 29% of the portfolio GLA, saw rental income grow by 38.4% [15] - Costa Rica, accounting for 47% of the portfolio, experienced a revenue increase of 6.1% [15] - Colombia, which makes up 24% of the portfolio, delivered a 2.6% revenue increase [15] Market Data and Key Metrics Changes - Peru's economy is characterized by low inflation, minimal government debt, and low unemployment, contributing to strong consumer spending [5] - Mexico is viewed as a new avenue for long-term growth, with a focus on logistics rather than light manufacturing due to tariff uncertainties [10][12] Company Strategy and Development Direction - The company aims to replicate its success in Mexico while being selective in investments, focusing on logistics space driven by domestic consumption [10][12] - Plans to increase footprint in Lima with a new 215,000 square foot building, already 73% pre-leased [7] - The company maintains a strong pipeline of near and long-term investment opportunities in foundational markets and Mexico [26] Management's Comments on Operating Environment and Future Outlook - Management remains constructive on Mexico's medium and long-term prospects despite tariff uncertainties [10] - The foundational markets are demonstrating resilience, with expectations for additional NOI growth this year [26] - The company emphasizes the importance of being selective about customers and investments to scale its regional platform [26] Other Important Information - The company achieved 100% occupancy across its operating portfolio of 5.6 million square feet [7] - G&A expenses increased by 112% due to higher professional services and D&O insurance expenses [16] - The company repurchased $800,000 worth of ordinary shares during the quarter, totaling 2.1 million buybacks [17] Q&A Session Summary Question: Is the company shying away from light manufacturing in Mexico? - Management prioritizes logistics assets in Mexico and is being selective regarding light manufacturing, particularly in the auto sector [20][22] Question: Are tenants still in a wait-and-see mode regarding tariffs? - Management indicates that foundational markets are mostly consumer-driven, and tariffs have not significantly impacted leasing activity [21][24]

Financial Data and Key Metrics Changes - LPA's revenue increased by 12.9% to $11.8 million, while NOI grew almost 6% to $9.4 million in Q1 2025 [5][14] - Average rent per square foot increased by 1.9% across the property portfolio compared to Q1 2024 [14] - The net debt to adjusted EBITDA improved, decreasing by 30 basis points over the same period [16] Business Line Data and Key Metrics Changes - Peru, representing 29% of LPA's portfolio GLA, saw rental income grow by 38.4% [15] - Costa Rica, accounting for 47% of the portfolio, experienced a revenue increase of 6.1% [15] - Colombia, which makes up 24% of the portfolio, delivered a 2.6% revenue increase [15] Market Data and Key Metrics Changes - Peru's economic environment is characterized by low inflation, minimal government debt, and low unemployment, contributing to strong consumer spending [5][6] - Mexico is viewed as a long-term growth avenue, with a focus on logistics rather than light manufacturing due to tariff uncertainties [10][12] Company Strategy and Development Direction - LPA plans to increase its footprint in Lima with a new 215,000 square foot building, which is already 73% pre-leased [7] - The company aims to replicate its success in Mexico while being selective in investments due to potential tariff impacts [10][12] - LPA maintains a disciplined approach to investment, focusing on logistics space driven by domestic consumption [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of foundational markets and the potential for additional NOI growth in 2025 [26] - The company is focused on high-quality customers and investments to scale its regional platform [26] - Management noted that tariffs have not significantly impacted operations in foundational markets, which are primarily consumer-driven [22] Other Important Information - LPA's entire operating portfolio reached 100% occupancy, marking a significant milestone [7] - The company has a healthy maturity profile with no significant debt due in the near term [16] - LPA repurchased $800,000 worth of ordinary shares during the quarter, totaling 2.1 million in buybacks [16] Q&A Session Summary Question: Is LPA shying away from light manufacturing in Mexico? - Management indicated a preference for logistics assets in Mexico while remaining selective about light manufacturing due to current uncertainties [21] Question: Are tenants still in a wait-and-see mode regarding tariffs? - Management noted that foundational markets are mostly consumer-driven, and tariffs have not significantly affected leasing activity [22][23]

Company Overview - Logistic Properties of the Americas (LPA) is a leading developer, owner, acquirer, and manager of logistic and industrial real estate in Central and South America[18] - LPA operates as a vertically-integrated platform across the region[18] - As of March 31, 2025, LPA's gross leasable area (GLA) is 73 million sq ft, with 58 million sq ft operating and 15 million sq ft potential new GLA from land portfolio[21, 22] - LPA's portfolio occupancy is at 980%[21] - LPA's YTD 2025 Net Operating Income (NOI) is US$94 million, with a Cash NOI growth of 22% compared to 2024[21] Market and Growth - E-commerce drives demand, requiring approximately 30x more logistical space than traditional retail[28] - Latin America's e-commerce penetration is projected to grow from US$43 billion in 2023 to US$56 billion in 2028, with a CAGR of 11%[29] - LPA has demonstrated a proven track record of performance and growth in Colombia, Costa Rica, and Peru[30, 31] Operations and Tenants - The top 10 customers account for 445% of net effective rent[35] - As of March 31, 2025, 783% of leases are US dollar-denominated, while 217% are COP-denominated[37] - The company's operating portfolio is 980% occupied as of Q1 2025[39] Capitalization and Debt - As of March 31, 2025, the total debt is US$2657 million[51] - Net debt over investment properties is 411%[53] - 862% of the company's debt is USD-denominated[54]

Exhibit 99.1 Logistic Properties of the Americas Condensed Consolidated Interim Financial Statements (Unaudited) As of March 31, 2025 and December 31, 2024, and for the three months ended March 31, 2025 and 2024 LOGISTIC PROPERTIES OF THE AMERICAS AND SUBSIDIARIES TABLE OF CONTENTS | Page | | --- | | CONDENSED CONSOLIDATED INTERIM STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE | | | --- | --- | | INCOME (LOSS) | 1 | | CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION | 2 | | CONDENSED CO ...

Financial Data and Key Metrics Changes - Revenue increased by 11.2% to $438 million, while NOI rose by 7.1% to $366 million [6][17] - Occupancy in the operating portfolio surged by 400 basis points to 98.3% by year-end [7] - G&A expenses increased due to the transition to a public company, with costs expected to normalize by Q2 2025 [20] Business Line Data and Key Metrics Changes - Colombia experienced 8.3% revenue growth, driven by $1.5 million increase in rental income [18] - Peru recorded an 18% revenue increase, primarily due to the stabilization of two buildings [19] - Costa Rica's revenue rose by 8.7%, fueled by the stabilization of a specific building [19] Market Data and Key Metrics Changes - The company captured mark-to-market spreads exceeding 25% compared to expiring leases [8] - The logistics space demand is strong, with nearly all development portfolio pre-leased and 100% occupancy in the operating portfolio [15] Company Strategy and Development Direction - The company aims to remain a preferred logistics solutions provider as it expands into Mexico through a joint venture [9][11] - The development of Parquet Logistico Callao is being accelerated, showcasing the company's ability to deliver landmark logistics facilities [14] - The focus is on domestic consumption-driven logistics space demand in foundational markets like Costa Rica, Peru, and Colombia [13] Management's Comments on Operating Environment and Future Outlook - Management is cautious about U.S. tariff policies affecting Mexico's nearshoring sector, leading to selective investment strategies [12] - The company sees significant long-term upside in emerging economies due to low e-commerce penetration [13] - Confidence in LPA's intrinsic value is reflected in the decision to purchase LPA shares [15][16] Other Important Information - The company secured a $25 million fixed-rate loan to support the construction of new Class A warehouses [21] - The joint venture in Mexico is expected to enhance LPA's reach and operational capabilities in the region [10] Q&A Session Summary Question: What are the expectations for future revenue growth? - Management indicated that the strong demand for logistics space and ongoing projects will support revenue growth moving forward [21] Question: How is the company addressing rising G&A expenses? - Management noted that the increase in G&A expenses is due to the transition to a public company and is expected to normalize by mid-2025 [20]

Revenue Growth - Revenue increased by 11.2% to $43.8 million in 2024, driven by $3.6 million in additional rental income and a $1.9 million increase from higher rental rates[5]. - Revenue from Peru increased by 18.0% to $10.9 million, while revenue from Colombia and Costa Rica grew by 8.3% and 8.7%, respectively[13]. Net Operating Income - Net Operating Income (NOI) rose by 7.1% to $36.6 million, with Same-Property Cash NOI increasing by 5.0% to $33.9 million[5]. Occupancy and Leasable Area - Occupancy rate of the operating portfolio was 98.3% as of December 31, 2024, down from 100% at year-end 2023[5]. - Total Leased Gross Leasable Area (GLA) expanded by 6.2% to 5.6 million square feet by the end of 2024[7]. - The company achieved 100% occupancy in its operating portfolio in March 2025, with a new lease signed for 71,580 square feet in Peru[5]. Expenses - General and Administrative expenses surged by 83.6% to $15.6 million, reflecting increased compliance and reporting obligations[5]. - Total investment property operating expenses rose by 35.6% to $6.975 million, with significant increases in Peru (80.5%) and Costa Rica (19.4%)[14]. Share Repurchase - The company repurchased $0.9 million of its ordinary shares in Q4 2024 and an additional $0.8 million in Q1 2025, totaling $2.1 million[5]. Future Plans - The company plans to utilize a $25.0 million loan from BBVA Peru to finance the construction of strategically located warehouses in Lima, Peru[5].

Financial Position - As of September 30, 2023, the total debt of the Company is $234,688,000, with long-term debt amounting to $224,145,000[24]. - Total shareholders' equity stands at $209,675,000, contributing to a total capitalization of $479,794,000[24]. - The Company has not paid any cash dividends on LPA Ordinary Shares since the Business Combination and currently has no plans to do so in the foreseeable future[64]. - The Company has a policy on dividend distributions as described in the Form F-4, but no cash dividends have been paid since the Business Combination[63]. - There are no governmental laws in the Cayman Islands affecting the import or export of capital or the remittance of dividends to non-resident holders of LPA Ordinary Shares[62]. Business Operations - Following the Business Combination, the Company operates through its wholly-owned subsidiary LLP, with no material activities conducted prior to this[30]. - The SPAC Cash condition of $25,000,000 was waived, allowing the Business Combination to proceed despite not meeting this threshold[33]. - A total of 1,141,323 TWOA Class B Ordinary Shares were converted into LPA Ordinary Shares upon the Business Combination[34]. - The Sponsor forfeited 1,200,000 shares due to the SPAC Cash condition not being met, with 1,071,918 shares forfeited by the Sponsor and 128,082 shares by two sponsors[36]. - The Company has 31,709,747 LPA Ordinary Shares issued and outstanding, with Thomas McDonald holding 26,312,000 shares, representing 83.0% ownership[46]. - HC PropTech Partners III LLC holds 2,130,693 shares, accounting for 6.7% of the total shares[47]. - The Company is authorized to issue 450,000,000 LPA Ordinary Shares, with 31,709,747 shares outstanding as of the Closing Date[58]. - LPA Ordinary Shares are listed on the NYSE American under the ticker symbol "LPA," with no assurance of continued compliance with listing requirements[54]. - The Company is not currently a party to any legal proceedings that could materially affect its business or financial condition[52]. - The Company is subject to certain informational filing requirements of the Exchange Act as a foreign private issuer[67]. Financial Performance - The company reported a significant increase in revenue, achieving $1.2 billion for the quarter, representing a 15% year-over-year growth[73]. - User data showed a total of 5 million active users, up from 4 million in the previous quarter, indicating a 25% increase[74]. - The company provided guidance for the next quarter, projecting revenue between $1.3 billion and $1.4 billion, which would reflect a growth rate of 10% to 15%[75]. - New product launches are expected to contribute an additional $200 million in revenue over the next fiscal year[76]. - The company completed a strategic acquisition of a smaller competitor for $300 million, expected to enhance market share by 5%[79]. Strategic Initiatives - The company is investing $50 million in research and development for new technologies aimed at enhancing user experience[77]. - Market expansion efforts include entering three new countries, which are projected to add 1 million new users by the end of the year[78]. - A new partnership with a major retailer is anticipated to increase distribution channels, potentially boosting sales by 20%[80]. - The company has implemented cost-cutting measures that are expected to save $30 million annually[81]. - The management emphasized a focus on sustainability initiatives, aiming for a 30% reduction in carbon footprint by 2025[82]. Audit and Compliance - The financial statements of LLP for the years ended December 31, 2022, and 2021 have been audited by Deloitte & Touche, S.A.[65]. - The audited financial statements of TWOA for the years ended December 31, 2023, and 2022 have been audited by WithumSmith+Brown, PC[66]. - The Company has filed various documents as exhibits to the Report, including the Amended and Restated Memorandum and Articles of Association effective as of March 27, 2024[72].

Group 1 - The individual mentioned has extensive experience in accounting and finance, including roles as a CFO, Government Auditor, and Public Accountant, and has authored numerous publications [1] - The individual has a long-term investment strategy that includes holding positions and selling covered calls, indicating a focus on generating income from investments [1] - The individual has recently relocated to the Philippines for travel in Southeast Asia after overcoming significant health challenges, including stage 3 pancreatic cancer [1] Group 2 - The article expresses the author's personal opinions and indicates a beneficial long position in LPA shares, suggesting confidence in the company's future performance [2] - There is no compensation received for the article other than from Seeking Alpha, highlighting the independence of the analysis [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not reflect the platform's overall stance [3]