By Ken Muthomi - Reporter
Kenya, June 29, 2026 - The Nairobi Securities Exchange (NSE) has listed the Trific Green USD Income Real Estate Investment Trust (I-REIT) in a move to deepen sustainable investment opportunities and diversify Kenya’s capital markets.
The listing of the company follows a successful public offer that was oversubscribed by 103.3 %, raising KSh4 billion against a target of KSh3.9 billion, according to the NSE.
Speaking during the listing ceremony on Monday, NSE Chief Executive Officer Frank Mwiti said that the Trific USD I-REIT will be key to strengthening the country’s capital markets by offering investors exposure to US dollar-denominated real estate assets.
"The TRIFIC USD I-REIT represents an important milestone not only for its sponsors and investors, but also for Kenya's journey towards building deeper, more diversified and internationally competitive capital markets,” Mwiti said.
“By providing investors with exposure to USD-denominated assets, it also offers a valuable opportunity for currency diversification while investing through Kenya's capital markets," he added.
NSE said the listing expands investment options available to local and international investors while supporting the country's transition towards sustainable economic growth through green finance.
The announcement comes days after the Central Bank of Kenya (CBK) also unveiled a new market link with global securities settlement firm Clearstream, to provide foreign institutional investors with easier access to government bonds, infrastructure bonds, and Treasury bills through the Government Central Securities Depository (DhowCSD).
Clearstream is the post-trade business of Deutsche Börse Group and provides settlement and custody services for financial markets across the world. Clearstream's connection to the DhowCSD is expected to be central in ensuring that investors access the local market through a unique omnibus account structure.
The Link is the 60th domestic market link within Clearstream’s global network and the 2nd in Africa, after South Africa.
CBK is optimistic that the move will be fundamental in modernizing the country’s financial market infrastructure, promoting greater integration into the global financial system, and elevating Kenya as one of the leading financial hubs on the continent.
More from Kenya