LatAm Logistic Properties has raised $77 million in growth capital to expand its logistics real estate operations in Costa Rica, Peru, and Colombia, targeting the underserved market for high-quality warehousing solutions.

Information on LatAm Logistic Properties

LatAm Logistic Properties (LLP) has successfully raised $77 million in growth capital to support its expansion in Latin America. This funding was arranged by Jaguar Growth Partners, LLC, and involved both new and existing institutional investors. Mike Fangman, CEO of LLP, emphasized the significance of this investment, indicating it propels the company towards its goal of establishing a fully integrated logistics real estate platform across Costa Rica, Peru, and Colombia.

LLP intends to leverage this capital to enhance its operations by providing Class-A warehousing and logistics solutions in underserved Latin American markets. Currently, the company manages over 1 million square feet of gross leasable area (GLA) under contract with various multinational and regional tenants, with plans to ultimately build or acquire an additional 5 million square feet.

Industry Overview in Latin America

Latin America represents a rapidly evolving landscape for the logistics and real estate sectors, characterized by increasing demand for modern warehousing solutions driven by the growth of