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

TRIFIC to unveil Sh5bn green dollar-denominated I-REIT

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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