IFC advisory support through the GRIP program will help Fibra Prime develop a decarbonization strategy, reduce energy and water use, and position itself as a leading green real estate actor in Peru.

The investment supports a 2025–2026 expansion plan focused on Class A office acquisitions, potential industrial warehouse conversions, debt restructuring, and sustainability upgrades to achieve EDGE certification.

The Fibra Prime deal acts as a catalyst for Peru’s capital markets by validating the FIBRA structure, enhancing liquidity and transparency, and expanding access for smaller investors, while encouraging more REIT formations and foreign investment.

The transaction aims to deepen Peru’s capital markets, democratize real estate investment, channel private capital into productive infrastructure, and raise governance and transparency standards to establish a new benchmark for Peruvian real estate investment.

Leadership and framework alignment are emphasized, with support from IFC Country Manager Matilde Bordón and alignment to the World Bank Group’s Country Partnership Framework (2023–2027), Climate Action Plan, and Gender Strategy through 2030.

Sustainability is central, as IFC provides technical advisory via the Greening Real Estate Investment Portfolios program to pursue EDGE certification and drive decarbonization and appeal for tenants and investors.

IFC financing will fund Fibra Prime’s 2025–2026 expansion, including acquiring high-quality Class A offices, exploring industrial warehouse conversions, refinancing liabilities, and upgrading properties to meet sustainability standards such as EDGE.

The deal is positioned to promote sustainable construction, formal job creation, and broader private-sector growth, with development impact highlighted by Peru’s IFC country manager.

Success metrics will track asset quality improvements, EDGE certification milestones, formal job creation, and increased market liquidity to illustrate broader development impact.

Additional benefits include expanding formal employment, improving SME-oriented infrastructure, encouraging future commercial real estate investment, and mobilizing private capital toward long-term sustainable assets.

The investment aligns with World Bank Group strategies (Peru’s 2023–2027 Country Partnership Framework, Climate Action Plan 2021–2025, Gender Strategy 2024–2030) to advance sustainable infrastructure, climate resilience, private-sector growth, and inclusive employment.

Market positioning highlights Peru’s potential to become a regional REIT hub, with green buildings as a differentiator and a pathway to attracting ESG-focused capital in Latin America.

IFC commits up to $40 million to Fibra Prime, Peru’s first and largest REIT, marking IFC’s first entry into Peru’s REIT market and signaling international confidence in Peru’s capital markets and sustainable infrastructure potential.

Fibra Prime uses a Fideicomiso de Titulización para Inversión en Renta de Bienes Raíces to offer a diversified, long-term rental income portfolio, deepen liquidity, broaden access, and enhance transparency in Peru’s real estate sector.