News FinancesAfrica Logistics Properties lists East Africa's first industrial REIT on the NSE, raising $29.55M, with total listing value of $39.95M. The ALP REIT is the first USD-denominated security to list and trade on the Nairobi Securities Exchange, a landmark for the region's financial architecture. Its involvement in the ALP REIT follows an earlier engagement in affordable housing REITs in Nairobi. We are delighted to expand this expertise into Kenya's industrial real estate sector by supporting ALPH to develop its ALP REIT. What the ALP REIT Brings to MarketThe underlying assets of the ALP REIT are two operational industrial parks developed by ALPH since its founding in 2016.

Source: The North Africa Journal March 11, 2026 12:09 UTC