The Two Rivers International Finance and Innovation Centre (TRIFIC) has announced the launch of its 3.8 billion shillings, or 29.8 million US dollar-denominated income real estate investment trust (I-REIT), aiming to raise funds for the acquisition of the fully let TRIFIC North Tower from TRIFIC SEZ.
The I-REIT will be Kenya’s first USD-denominated green, income-distributing REIT, creating a new asset class for investors seeking stable dollar yields with measurable impact. The bond is set for listing at the Nairobi Securities Exchange on June 23 for trading on the main investment market segment, while allotment to successful investors is expected to be made on June 16, 2026, upon closure of the open window.