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Originally published by Capital Business
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business
December 15, 2025
3h ago

Africa Logistics Properties gets CMA nod for dollar-denominated REIT

Africa Logistics Properties gets CMA nod for dollar-denominated REIT

NAIROBI, Kenya, Dec 15 - Africa Logistics Properties Holdings Limited (ALPH) has received regulatory approval to launch a US dollar-denominated Real Kenya breaking news | Kenya news today |..

✨ Key Highlights

Africa Logistics Properties Holdings Limited (ALPH) has received approval from the Capital Markets Authority (CMA) to launch the ALP Industrial Real Estate Investment Trust (ALP REIT), the first US dollar-denominated issuance on the Nairobi Securities Exchange (NSE) and East Africa's first industrial REIT.

  • The ALP REIT will be an Income REIT (I-REIT), distributing at least 80 percent of its distributable income.
  • Up to 45 million units will be issued at $1 per unit, including a Restricted Offer of up to 30 million units.
  • The Restricted Offer will open on December 17, 2025, with trading on the NSE expected to begin on March 11, 2026.

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