The vacancy rate increased 2.2 pp compared to H1 2025, driven by the vacation of existing Class A space and the delivery of new Class B inventory with over 80% availability.
Insight
16 February 2026
Lima Logistics Report H2 2025
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Deliveries during this period reached the highest level on record, surpassing the H2 2021 result when 116,250 sqm was delivered to market. This performance was primarily supported by the completion of two new developments and the addition of higher-quality Class B space. Net absorption in H2 2025 increased 153% compared to H1 2025, driven by the delivery of new Class A space that was pre-leased during the construction phase.