Leasing Update - 14,000 sqm Nairobi Pre-Lease Agreed

Africa Logistics Properties (ALP) has agreed terms with an international occupier to lease the entire first unit of 14,000sqm at our ALP North project in Northern Nairobi, the largest industrial lease to date in Kenya. Our ALP North project of nearly 50,000 sqm currently under construction will be the first international standard grade-A logistics and distribution park in Kenya for the rental occupier market.