August 12, 2020 |
Fibra Credicorp, a real estate investment trust (REIT) managed by the Peruvian financial services firm Credicorp, said it is offering $28 million worth of local notes to fund an acquisition.
The Lima-based REIT will use the proceeds to buy an office building for $25 million plus tax in the seaside district of Magdalena del Mar in the capital city. Fibra Credicorp expects to post returns around 11% from the building, where the current tenants include a government agency and a multinational corpor
Peruvian real estate investor offers $28 mln in notes to buy an office building in Magdalena del Mar