PIDG Invests Sh1.95bn in Kenya’s Industrial Property Market

NAIROBI, Kenya, Jan 20 - The Private Infrastructure Development Group (PIDG) has approved a Sh1.95 billion ($15 million) investment to support the Africa Kenya breaking news | Kenya news today |..

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The Private Infrastructure Development Group (PIDG) has approved a Sh1.95 billion ($15 million) investment in Kenya’s Africa Logistics Properties Industrial Real Estate Investment Trust (ALP iREIT) to boost the country’s industrial and warehousing sector.

The investment, made through PIDG’s project development arm InfraCo, positions PIDG as an anchor investor in the ALP REIT.
The ALP REIT, approved by the Capital Markets Authority (CMA) in December 2025, is East Africa’s first industrial income Real Estate Investment Trust.
Funds will be used to finance ALP’s existing industrial parks, including 35,000 square metres at ALP North in Tatu City and 20,000 square metres at ALP West in Tilisi.
ALP Chief Executive Officer Raghav Gandhi stated the REIT will offer investors stable dollar-denominated returns and grow Kenya’s industrial real estate market.
ALP’s warehouses are certified under IFC EDGE standards, providing energy-efficient and environmentally friendly facilities.

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