Africa Logistics Properties (ALP) is an integrated property company that acquires, develops and manages modern logistics warehousing across Sub-Saharan Africa to provide high yield portfolio returns to investors. To date, ALP has 2 sites covering 71 acres on the edge of Nairobi. ALP plans to build over 50,000 Sqm of grade A industrial warehousing space at Tatu City, the smaller of the two sites, by the end of 2018. At the larger site, Tilisi, ALP plans to build 30,000 Sqm of industrial warehousing in phase one by the end of 2019 and a further 70,000 Sqm in phases two and three.
ALP was seeded by Maris in 2016. Investors alongside Maris include institutional investors including the CDC and the IFC, and a number of smaller investors.
Sector: Property Services