Lima, Dec 04: The International Finance Corporation (IFC), a member of the World Bank Group, announced an investment of up to US$40 million to support Fibra Prime’s growth plan. Fibra Prime is the first and largest Real Estate Investment Trust (REIT) in Peru, structured as a Fideicomiso de Titulización para Inversión en Renta de Bienes Raíces (FIBRA).
This transaction marks IFC’s first entry into Peru’s real estate sector through a REIT. The purpose is to foster sustainable business infrastructure development, promote energy efficiency, and facilitate the creation of formal jobs across various sectors of the Peruvian economy. This financial structure offers investors access to a diversified portfolio of real estate assets, generating recurring income from leases.
The investment will enable Fibra Prime to execute its 2025–2026 expansion plan, which includes acquiring Class A office spaces, potentially converting an industrial warehouse, refinancing existing liabilities, and implementing improvements aimed at obtaining sustainable building certifications such as EDGE, granted by IFC.
IFC will also provide technical advisory through its Greening Real Estate Investment Portfolios (GRIP) program to develop a comprehensive decarbonization strategy, positioning Fibra Prime as a leader in green buildings in Peru.
“This investment not only strengthens Peru’s capital markets but also promotes sustainable construction and formal job creation, contributing to more inclusive and resilient growth,” said Matilde Bordón, IFC Country Manager for Peru and Ecuador.
“We are proud to have IFC’s support to accelerate our growth plan and become a benchmark for sustainability in Peru’s real estate sector. This partnership will allow us to deliver higher-quality infrastructure, reduce our carbon footprint, and create formal job opportunities nationwide,” stated Ignacio Mariátegui, General Manager of Administradora Prime, the managing company of Fibra Prime.
Through this transaction, IFC also contributes to capital market development by deepening market liquidity, democratizing access to real estate, improving transparency, channeling investment into commercial projects, and mobilizing private capital.
The project aligns with the World Bank Group’s Country Partnership Framework for Peru (2023–2027), the Climate Action Plan (2021–2025), and the Gender Strategy 2024–2030, reinforcing the Group’s commitment to sustainability and inclusion.
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