Two Rivers International Finance and Innovation Centre (TRIFIC) Special Economic Zone has launched a Sh4.8 billion green US dollar-denominated Income Real Estate Investment Trust (I-REIT) to fund commercial real estate expansion within its Nairobi-based zone.

• The offer, open from May 13 to June 12, aims to finance the acquisition of the TRIFIC North Tower and develop additional sustainable commercial towers.
• TRIFIC, led by Chief Executive Officer Brenda Mbathi, is structuring the REIT around the TRIFIC North Tower, an eight-floor property currently generating approximately $3.2 million in annual rental income.
• The REIT will be accessible to both retail and institutional investors, with a minimum investment of Sh129,000 ($1,000), and proceeds will be exclusively invested in green-certified buildings.