Logistic Properties of the Americas Expands Board with Appointments of Two Independent Directors
2024年7月15日 - 7:00PM
ビジネスワイヤ(英語)
Logistic Properties of the Americas (NYSE American: LPA)
(together with its subsidiaries, “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 the appointments of Françoise Lavertu and Javier
Marquina as independent directors, increasing the Company’s board
to seven members and the number of independent directors to
six.
Thomas McDonald, Chair of LPA’s board of directors, said,
“Françoise and Javier bring to LPA’s board extensive international
and regional experience and complementary skill sets, as well as
important business networks. Françoise has over 25 years of
international experience scaling businesses as well as developing
brands at leading global companies like Tesla, Louis Vuitton and
L'Oréal, while Javier has a strong track record of investing in and
growing commercial real estate companies throughout Latin America.
Our board looks forward to working with Françoise and Javier in
guiding LPA toward expanding its strategic footprint and further
leveraging its operational expertise to effectively capitalize on
the strong e-commerce and nearshoring trends that are driving
growth in Latin America’s underpenetrated industrial real estate
markets.”
Ms. Lavertu said, “Global supply chains are undergoing
unprecedented changes, creating significant opportunities for LPA.
The Company has the right business model and strategy in place to
effectively seize them, and I look forward to sharing my experience
in AI solutions for supply chain management with LPA’s management
team and board as the Company enters an exciting new phase of
growth.”
Mr. Marquina said, “I’m thrilled to contribute my many years of
international experience in real estate investment and development,
including serving on the board of LatAm Logistic Properties, S.A.
prior to its business combination with two, and look forward to
helping LPA efficiently expand its world-class real estate platform
and take full advantage of its highly promising position in markets
where global and regional companies are underserved in Latin
America.”
Françoise Lavertu has served as co-Chief Executive Officer since
April 2023 of AUBA, a San Francisco-based company that provides
AI-based supply chain visibility and optimization technologies for
large enterprises. She is also co-founder of South View Studio, a
strategic and creative brand-building firm advising B2C and B2B
companies, including those operating in real estate and logistics,
and she served as director of strategy from February 2019 to April
2023. Ms. Lavertu founded and served as an advisor and operating
partner from February 2019 to March 2023 at Utelias, which provided
strategic and operational guidance to private equity funds,
bringing hands-on experience scaling businesses to their portfolio
companies. Prior to Utelias, Ms. Lavertu was Tesla’s General
Manager for the Southeast U.S. and Latin America, and previously
Country Manager for Mexico. In addition to leading the launch of
Tesla’s Model X and Model 3 vehicles as well as energy products in
her markets, she had full P&L responsibility. Ms. Lavertu began
her career in consumer goods and has experience in retail, sales,
marketing, merchandising and purchasing at market-leading brands.
She has a Bachelor’s degree in Commerce from McGill University and
a Master’s degree in Statistics from HEC. Ms. Lavertu is a board
member at Spectrum (Grupo Pantaleon), Solfium and Kronia
Technologies, and serves as an advisor to Endeavor and CiBanco.
Javier Marquina is the founder and has served as Chief Executive
Officer since February 2019 of Miami-based ARQ Consultants Inc., a
firm specializing in real estate investment strategy and execution.
In addition, he has served on the board of Guatemala-based
Inmobiliaria Spectrum since June 2018 and was appointed as Vice
Chair of the board in June 2023. He has served as an independent
trustee at US-based TIDAL TRUST II, a regulated investment trust
with over 50 ETF holdings representing approximately US$5 billion
in assets, since July 2022. He has also served as manager since May
2023 of Neta Investments LLC, a US-based private real estate
investment trust. Mr. Marquina served on the board of LatAm
Logistic Properties, S.A. from November 2022 to March 2024. He also
served as interim Head of the Americas of Acciona Inmobiliaria from
January 2020 to June 2021 and as Head of Investment Team for Latin
America for GLL Real Estate Partners from September 2016 to January
2020. Previously, Mr. Marquina was the Real Estate Investment
Director of Miami-based Finaccess Advisors, where he designed and
implemented a new real estate investment strategy and successfully
closed three transactions totaling $250 million. Prior to this, he
was Partner and Finance Director of Aguirre Newman America, a SMM
LLC franchise that he launched in 2009 and expanded into Brazil,
Mexico and Peru. In 2002, Mr. Marquina co-founded SMM LLC and led a
management buyout of five CBRE offices in Latin America. Mr.
Marquina has a Master’s degree in Politics and Economics from the
University of Oxford and an MBA from Instituto de Empresa in
Madrid.
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 expects its strong customer
relationships and insight 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/20240715947701/en/
Investor Relations: Jennifer Carranza Logistic Properties
of the Americas +506 2204-7020 ir@lpamericas.com
Barbara Cano/Ivan Peill InspIR Group
barbara@inspirgroup.com/ivan@inspirgroup.com
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