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The Two Rivers International Finance and Innovation Centre (TRIFIC) announced yesterday plans to launch a Sh4.8 billion ($37 milllion) property investment fund, designed to offer Kenyan investors US dollar yields from environmentally sustainable buildings in the special economic zone.
The operator of the services-focused special economic zone (SEZ) at the Two Rivers International Finance and Innovation Center- a designated area with different business and trade laws, said the TRIFIC Income Real Estate Investment Trust (I-REIT) would be Kenya's first US dollar-denominated "Green" income-distributing REIT.
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