East Africa's first industrial REIT
![](data:image/svg+xml,<svg display="block" role="presentation" viewBox="0 0 142 38" xmlns="http://www.w3.org/2000/svg"><g d="M 70.781 6.16 L 64.76 6.16 L 51.996 30.242 L 57.879 30.242 L 60.46 25.151 L 75.012 25.151 L 77.593 30.242 L 83.545 30.242 L 70.781 6.16 Z M 61.662 22.685 L 67.718 10.873 L 72.707 20.678 L 65.542 20.678 C 65.267 20.678 64.996 20.751 64.758 20.889 Z M 129.679 6.16 L 113.2 6.16 L 113.2 30.242 L 118.704 30.242 L 118.704 22.467 L 129.679 22.467 C 135.872 22.467 140 19.646 140 14.313 C 140 8.98 135.872 6.16 129.679 6.16 Z M 129.232 17.926 L 121.438 17.926 C 121.024 17.926 120.626 18.091 120.333 18.384 L 118.704 20.012 L 118.704 10.77 L 129.232 10.77 C 132.328 10.77 134.393 11.596 134.393 14.348 C 134.393 17.101 132.328 17.926 129.232 17.926 Z M 94.039 25.953 L 92.314 27.678 L 92.314 22.434 L 92.317 22.435 L 92.317 6.16 L 86.812 6.16 L 86.812 30.242 L 109.346 30.242 L 109.346 25.495 L 95.144 25.495 C 94.729 25.495 94.331 25.659 94.038 25.953 Z M 31.165 1.203 C 31.165 1.868 30.626 2.407 29.961 2.407 C 29.945 2.407 29.929 2.407 29.913 2.406 L 29.899 2.406 L 4.847 1.203 L 29.899 0.001 L 29.913 0.001 C 29.929 0.001 29.945 0 29.961 0 C 30.626 0 31.165 0.539 31.165 1.204 Z M 33.707 6.012 C 33.707 6.677 33.168 7.216 32.503 7.216 C 32.487 7.216 32.47 7.216 32.453 7.215 L 32.44 7.215 L 0 6.012 L 32.44 4.809 L 32.453 4.809 C 32.47 4.808 32.487 4.808 32.503 4.808 C 33.168 4.808 33.707 5.347 33.707 6.012 Z M 30.202 35.473 C 29.957 35.934 29.456 36.171 28.967 36.101 L 28.958 36.1 L 20.46 34.909 L 28.963 33.717 L 28.974 33.715 C 29.216 33.682 29.47 33.722 29.702 33.844 C 30.289 34.156 30.513 34.884 30.202 35.472 Z M 32.753 30.658 C 32.522 31.095 32.058 31.331 31.595 31.294 L 31.584 31.294 L 31.572 31.293 L 19.166 30.098 L 31.551 28.898 L 31.595 28.894 C 31.816 28.876 32.043 28.919 32.253 29.03 C 32.84 29.342 33.064 30.07 32.752 30.658 Z M 35.306 25.841 C 35.074 26.279 34.61 26.515 34.146 26.478 L 34.134 26.478 L 18.165 25.276 L 34.121 24.079 L 34.123 24.079 L 34.153 24.077 C 34.372 24.06 34.598 24.103 34.807 24.213 C 35.394 24.525 35.618 25.253 35.306 25.841 Z M 37.86 21.022 C 37.639 21.439 37.196 21.688 36.725 21.661 L 36.715 21.661 L 16.786 20.461 L 36.711 19.258 L 36.725 19.258 C 36.938 19.244 37.157 19.288 37.36 19.395 C 37.948 19.706 38.172 20.435 37.86 21.022 Z M 42.965 11.392 C 42.756 11.786 42.346 12.032 41.9 12.032 L 41.9 12.032 L 41.831 12.03 L 41.828 12.03 L 0.001 10.828 L 41.811 9.627 C 42.03 9.611 42.256 9.654 42.464 9.764 C 43.052 10.075 43.275 10.804 42.964 11.392 Z M 40.413 16.206 C 40.19 16.626 39.754 16.86 39.309 16.846 L 39.29 16.846 L 39.276 16.845 L 3.613 15.644 L 39.27 14.44 L 39.315 14.438 C 39.517 14.432 39.722 14.477 39.913 14.578 C 40.5 14.889 40.724 15.618 40.413 16.205 Z M 31.596 31.294 L 31.584 31.294 M 29.913 2.406 L 29.9 2.406" fill="transparent" height="36.11316698321336px" id="LkZHWtls4" transform="translate(1 0.5)" width="139.99999482610377px"><path d="M 18.784 0.001 L 12.764 0.001 L 0 24.083 L 5.883 24.083 L 8.463 18.991 L 23.016 18.991 L 25.597 24.083 L 31.549 24.083 L 18.785 0.001 Z M 9.665 16.525 L 15.722 4.714 L 20.71 14.519 L 13.546 14.519 C 13.271 14.519 13 14.592 12.762 14.73 Z M 77.683 0.001 L 61.203 0.001 L 61.203 24.083 L 66.708 24.083 L 66.708 16.307 L 77.683 16.307 C 83.875 16.307 88.004 13.487 88.004 8.154 C 88.004 2.821 83.875 0 77.683 0 Z M 77.235 11.767 L 69.442 11.767 C 69.027 11.767 68.63 11.931 68.336 12.225 L 66.708 13.852 L 66.708 4.611 L 77.235 4.611 C 80.332 4.611 82.396 5.436 82.396 8.189 C 82.396 10.941 80.332 11.767 77.235 11.767 Z M 42.043 19.793 L 40.318 21.518 L 40.318 16.274 L 40.32 16.276 L 40.32 0.001 L 34.815 0.001 L 34.815 24.083 L 57.349 24.083 L 57.349 19.335 L 43.147 19.335 C 42.733 19.335 42.335 19.5 42.042 19.793 Z" fill="rgb(255, 255, 255)" height="24.082797727975105px" id="qUAp2XKtt" transform="translate(51.996 6.16)" width="88.00363404729517px"/><path d="M 31.165 1.203 C 31.165 1.868 30.626 2.407 29.961 2.407 C 29.945 2.407 29.929 2.407 29.913 2.406 L 29.899 2.406 L 4.847 1.203 L 29.899 0.001 L 29.913 0.001 C 29.929 0.001 29.945 0 29.961 0 C 30.626 0 31.165 0.539 31.165 1.204 Z M 33.707 6.012 C 33.707 6.677 33.168 7.216 32.503 7.216 C 32.487 7.216 32.47 7.216 32.453 7.215 L 32.44 7.215 L 0 6.012 L 32.44 4.809 L 32.453 4.809 C 32.47 4.808 32.487 4.808 32.503 4.808 C 33.168 4.808 33.707 5.347 33.707 6.012 Z M 30.202 35.473 C 29.957 35.934 29.456 36.171 28.967 36.101 L 28.958 36.1 L 20.46 34.909 L 28.963 33.717 L 28.974 33.715 C 29.216 33.682 29.47 33.722 29.702 33.844 C 30.289 34.156 30.513 34.884 30.202 35.472 Z M 32.753 30.658 C 32.522 31.095 32.058 31.331 31.595 31.294 L 31.584 31.294 L 31.572 31.293 L 19.166 30.098 L 31.551 28.898 L 31.595 28.894 C 31.816 28.876 32.043 28.919 32.253 29.03 C 32.84 29.342 33.064 30.07 32.752 30.658 Z M 35.306 25.841 C 35.074 26.279 34.61 26.515 34.146 26.478 L 34.134 26.478 L 18.165 25.276 L 34.121 24.079 L 34.123 24.079 L 34.153 24.077 C 34.372 24.06 34.598 24.103 34.807 24.213 C 35.394 24.525 35.618 25.253 35.306 25.841 Z M 37.86 21.022 C 37.639 21.439 37.196 21.688 36.725 21.661 L 36.715 21.661 L 16.786 20.461 L 36.711 19.258 L 36.725 19.258 C 36.938 19.244 37.157 19.288 37.36 19.395 C 37.948 19.706 38.172 20.435 37.86 21.022 Z M 42.965 11.392 C 42.756 11.786 42.346 12.032 41.9 12.032 L 41.9 12.032 L 41.831 12.03 L 41.828 12.03 L 0.001 10.828 L 41.811 9.627 C 42.03 9.611 42.256 9.654 42.464 9.764 C 43.052 10.075 43.275 10.804 42.964 11.392 Z M 40.413 16.206 C 40.19 16.626 39.754 16.86 39.309 16.846 L 39.29 16.846 L 39.276 16.845 L 3.613 15.644 L 39.27 14.44 L 39.315 14.438 C 39.517 14.432 39.722 14.477 39.913 14.578 C 40.5 14.889 40.724 15.618 40.413 16.205 Z M 31.596 31.294 L 31.584 31.294 M 29.913 2.406 L 29.9 2.406" fill="rgb(0, 222, 143)" height="36.113166983069775px" id="bBNOjz04E" transform="translate(0 0)" width="43.104522300804156px"/></g></svg>)
Listed. Governed. Built to last.
East Africa's first industrial REIT.
The ALP Industrial REIT is the first USD-denominated security to list and trade on the Nairobi Securities Exchange as of 11 March 2026. Up to 45 million units at one dollar each, with a minimum of 80% of distributable income paid to unit holders. ALP retains a long-term stake as a promoter. The REIT sits within the NSE Sustainable Finance Centre of Excellence — a certified green issuance.
ALP Industrial REIT
USD-denominated
listed on NSE March 2026
Disclosures
ALP REIT Half-Year Report 2026
for period ended 30 June 2026
Supplementary Offering Memorandum 2026
in relation to the transfer of ALP North 3 into the ALP REIT
Offering Memorandum 2025
ALP REIT: East Africa's pioneering Industrial Real Estate Investment Trust
The infrastructure gap is the opportunity
Logistics costs in Kenya are 30% of GDP. In developed economies it's 10–12%. That gap is closing. We're building the infrastructure that closes it.
![](data:image/svg+xml,<svg display="block" role="presentation" viewBox="0 0 142 38" xmlns="http://www.w3.org/2000/svg"><path d="M 70.783 6.167 L 64.762 6.167 L 51.999 30.249 L 57.882 30.249 L 60.462 25.158 L 75.014 25.158 L 77.595 30.249 L 83.547 30.249 L 70.783 6.167 Z M 61.664 22.691 L 67.72 10.88 L 72.709 20.685 L 65.544 20.685 C 65.269 20.685 64.998 20.758 64.76 20.896 Z M 129.679 6.167 L 113.2 6.167 L 113.2 30.249 L 118.705 30.249 L 118.705 22.474 L 129.679 22.474 C 135.872 22.474 140 19.653 140 14.32 C 140 8.988 135.872 6.167 129.679 6.167 Z M 129.232 17.933 L 121.439 17.933 C 121.024 17.933 120.626 18.098 120.333 18.391 L 118.705 20.019 L 118.705 10.777 L 129.232 10.777 C 132.329 10.777 134.393 11.603 134.393 14.355 C 134.393 17.108 132.329 17.933 129.232 17.933 Z M 94.041 25.959 L 92.315 27.685 L 92.315 22.441 L 92.318 22.442 L 92.318 6.167 L 86.813 6.167 L 86.813 30.249 L 109.346 30.249 L 109.346 25.502 L 95.145 25.502 C 94.73 25.502 94.333 25.666 94.039 25.959 Z M 31.164 1.202 C 31.164 1.868 30.625 2.407 29.96 2.407 C 29.944 2.407 29.928 2.407 29.912 2.406 L 29.898 2.406 L 4.847 1.202 L 29.898 0.001 L 29.912 0.001 C 29.928 0.001 29.944 0 29.96 0 C 30.625 0 31.164 0.539 31.164 1.204 Z M 33.706 6.012 C 33.706 6.677 33.167 7.216 32.502 7.216 C 32.486 7.216 32.469 7.216 32.453 7.215 L 32.439 7.215 L 0 6.012 L 32.439 4.809 L 32.453 4.809 C 32.469 4.808 32.486 4.807 32.502 4.807 C 33.167 4.807 33.706 5.346 33.706 6.012 Z M 30.201 35.472 C 29.956 35.933 29.455 36.17 28.966 36.1 L 28.957 36.099 L 20.46 34.908 L 28.962 33.716 L 28.973 33.715 C 29.215 33.681 29.469 33.721 29.701 33.843 C 30.288 34.155 30.512 34.883 30.201 35.471 Z M 32.752 30.657 C 32.521 31.094 32.057 31.33 31.594 31.293 L 31.583 31.293 L 31.572 31.292 L 19.165 30.097 L 31.55 28.898 L 31.594 28.893 C 31.815 28.875 32.042 28.918 32.252 29.03 C 32.839 29.342 33.063 30.07 32.752 30.657 Z M 35.305 25.841 C 35.073 26.278 34.609 26.515 34.145 26.477 L 34.133 26.477 L 18.164 25.275 L 34.12 24.078 L 34.122 24.078 L 34.152 24.076 C 34.371 24.06 34.597 24.102 34.806 24.213 C 35.393 24.524 35.617 25.253 35.305 25.841 Z M 37.859 21.022 C 37.638 21.438 37.195 21.688 36.724 21.66 L 36.714 21.66 L 16.785 20.461 L 36.71 19.257 L 36.724 19.257 C 36.937 19.243 37.156 19.287 37.359 19.394 C 37.947 19.706 38.171 20.434 37.859 21.022 Z M 42.964 11.391 C 42.755 11.785 42.345 12.032 41.899 12.032 L 41.899 12.032 L 41.83 12.03 L 41.827 12.03 L 0.001 10.828 L 41.81 9.627 C 42.029 9.61 42.255 9.654 42.463 9.764 C 43.05 10.075 43.274 10.804 42.963 11.391 Z M 40.412 16.206 C 40.189 16.626 39.753 16.859 39.308 16.845 L 39.289 16.845 L 39.275 16.844 L 3.612 15.644 L 39.269 14.44 L 39.314 14.438 C 39.516 14.432 39.721 14.477 39.912 14.577 C 40.499 14.889 40.723 15.617 40.412 16.205 Z M 31.595 31.293 L 31.583 31.293 M 29.913 2.406 L 29.899 2.406" fill="rgb(255, 255, 255)" height="36.11219008890724px" id="pDmZz9KZh" transform="translate(1 0.5)" width="140.0000002576953px"/></svg>)
