NSE: Investors pump Ksh4B into new property investment fund
By Sharon Atieno, June 29, 2026The Nairobi Securities Exchange (NSE) has recorded another major milestone in Kenya’s capital markets after successfully listing an oversubscribed Ksh4 billion green Real Estate Investment Trust (REIT), signaling growing investor confidence in the country’s sustainable finance agenda.
The newly listed TRIFIC SEZ Green USD Income REIT surpassed expectations after achieving a 103.3 per cent subscription rate, raising Ksh4 billion against its initial KSh3.9 billion target in what market players described as a strong endorsement of Kenya’s expanding green finance market.
Major boost for sustainable investment market
Speaking during the listing ceremony on Monday, June 29, 2026, NSE Chief Executive Officer Frank Mwiti said the transaction marked more than the admission of another security into the market, describing it as one of the most innovative REIT products Kenya has seen.
“We are not just listing another security in the capital market. Today we are proudly welcoming the TRIFIC Green USD Income REIT, one of the most innovative income REITs entering our market,” Mwiti stated.
He noted that the product aligns with NSE’s 2025–2029 strategy by expanding accessibility to retail investors, saying the minimum investment ticket of Ksh129,480.00 makes the product more accessible compared to other REITs currently trading in the market.
Oversubscription signals investor confidence
Mwiti further said the oversubscription sends an important signal to both regional and international investors that Africa does not suffer from lack of capital, but rather from limited quality investment pipelines.
“For years we have often heard that Africa struggles to attract capital. I maintain that we do not have a capital problem. We have a problem with enabling the right pipelines and channels to connect capital to the right opportunities,” he said.
He added that the REIT’s green focus and dollar-denominated structure reflected strong market research on investor demand.
NSE continues market expansion push
The latest listing comes just days after Family Bank officially joined the NSE in another significant capital markets milestone.
Mwiti said every successful listing strengthens investor confidence and supports NSE’s broader strategy of revitalising Kenya’s financial markets.
“Each successful transaction increases confidence, each innovation attracts new investors and each listing encourages the next issuer,” he added.
The latest development now positions Kenya as an increasingly attractive destination for sustainable and innovative capital market investments.