Frequently Asked Questions
Find answers to common questions about the bond offer
What is the net yield?
Focus on dividend yield (8%)
What is the current occupancy of the initial asset?
100%
What is the use of proceeds?
Acquisition of the initial asset by the IREIT
What is the USP of the TRIFIC I-REIT?
Dollar-denominated, domiciled in a purely business services SEZ, debt-free I-REIT therefore no rental income will be used to service any debt, and promises a high dividend yield compared to risk peers in the Kenyan market
What mechanisms does the TRIFIC I-REIT have in place that will enable liquidity?
A stabilization fund that will work as a market maker in cases where a counterparty is not readily available.
Will the TRIFIC I-REIT follow the trend of other I-REITs in the market?
No, we learnt from our predecessors and ensured the I-REIT does not bear any debt facility, the I-REIT annual costs are also set and low preventing any volatility that may eat up at the distributable income, and the I-REIT targets a 90% distribution – the legal requirement is 80%
Is the TRIFIC I-REIT leveraged?
No, the I-REIT is debt-free
Does the I-REIT have an anchor investment?
We are in an anchor investor book building process and expecting to have feedback by 10th November 2025
How will the TRIFIC I-REIT be listed?
On the Main Investment Market Segment, Restricted board of the NSE
How long does TRIFIC have the SEZ license for?
10 year licenses with automatic renewal unless there is a case of gross misconduct
Are there any potential changes to the SEZ tax exemptions that may negatively affect TRIFIC?
No, all changes that have ever been made to the SEZ exemptions have been to make the SEZ sector more attractive since its inception in 2015
Still have questions?
If you have any questions or clarifications, please reach out to the Placing Agents. Additionally, investors are encouraged to consult their tax advisors, financial or legal advisers in the event that they require investment or legal advice respectively.