Africa Logistics Properties (ALP REIT)

MOBILIST was an anchor investor in the listing of Africa Logistics Properties Industrial Real Estate Investment Trust (ALP REIT) on the Nairobi Securities Exchange (NSE), supporting the development of Kenya’s capital markets by increasing liquidity and expanding access to new investible assets for local institutional investors. 

Africa Logistics Properties (ALP REIT) is an industrial and logistics property trust with a portfolio of high-quality warehouses and logistics parks across Kenya. This infrastructure plays a critical role in enabling businesses to store and distribute goods efficiently, supporting trade and local economic activity. 

ALP REIT is one of the first listings on the NSE in a decade, the first industrial REIT in East Africa and the first USD-denominated security to list and trade on the NSE. MOBILIST anchored the listing alongside InfraCo Africa, a Private Infrastructure Development Group (PIDG) company, helping to crowd in private capital.  

ALP REIT’s road to listing also included an investment from British International Investment in 2017, which supported the company’s expansion in subsequent years.  

By supporting ALP REIT’s listing, MOBILIST is demonstrating how public markets can unlock domestic capital at scale while offering viable exit pathways for early-stage investors.  

Learn more about Africa Logistics Properties by visiting https://africawarehouses.com/