TRIFIC to unveil Sh5bn green dollar-denominated I-REIT
NAIROBI, Kenya, Dec 15 - Two Rivers International Finance and Innovation Centre (TRIFIC), the operator of the Two Rivers Special Economic Zone (SEZ), has Kenya breaking news | Kenya news today |..
✨ Key Highlights
Two Rivers International Finance and Innovation Centre (TRIFIC) plans to launch Kenya's first Green, USD-denominated Income Real Estate Investment Trust (I-REIT), aiming to raise Sh5 billion to fund environmentally sustainable commercial towers within its Special Economic Zone (SEZ).
- The TRIFIC I-REIT will be Kenya's first USD-denominated, green, income-distributing REIT, targeting investors with an expected annual yield of above 7% from 100% USD-denominated leases.
- The offering, anticipated for January 2026 subject to regulatory approvals, will be listed on the Nairobi Securities Exchange.
- Initial proceeds will acquire the TRIFIC North Tower, which is approximately 90% occupied by multinational service-exporting firms.
- Brenda Mbathi, TRIFIC Chief Executive Officer, highlighted the SEZ's fully integrated ecosystem as underpinning the REIT's income stability.
- This project aligns with Kenya Vision 2030 and the Bottom-Up Economic Transformation Agenda, supporting globally traded services and foreign direct investment.
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Kenya Greenlights Dollar-Denominated REITs and a Tokenized Lending Platform - December 2025
Africa Logistics Properties Holdings Limited (ALPH) has received approval from the Capital Markets Authority (CMA) to launch the ALP Industrial Real Estate Investment Trust (REIT), the first US dollar-denominated issuance on the Nairobi Securities Exchange. Similarly, Two Rivers International Finance and Innovation Centre (TRIFIC) plans to launch Kenya's first Green, USD-denominated Income REIT, aiming to raise Sh5 billion. This I-REIT is intended to fund environmentally sustainable commercial towers within its Special Economic Zone. In a separate financial innovation, digital lender Tala partnered with Huma Finance to launch a tokenized consumer lending platform. This initiative uses a $50 million USDC credit facility built on the Solana blockchain to expand financial access in emerging markets.
