Grupo Cibest SA

Grupo Cibest SA (CIB) News & Events

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CIB News

CIB Events

10/5 09:00

Logistic Properties of the Americas Sells Assets to Bancolombia for COP 500B

Logistic Properties of the Americas (LPA) announced an agreement to sell income-producing facilities located within Parque Logistico Calle 80 in Bogota, Colombia, to Bancolombia, a major regional financial institution and a subsidiary of Grupo Cibest (CIB), for COP 500B, or $152M, in an all-cash transaction. Closing is expected early in the fourth quarter of 2026, subject to the satisfaction of customary conditions.

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