Africa Logistics Properties (ALP) has begun construction of Kenya’s first modern grade-A logistics and distribution warehousing complex at Tatu Industrial Park. The facility, which will offer a total floor space of 50,000 sqm in three units, will be the largest warehouse in Kenya to be built to international standards and available to the rental occupier market.
Speaking during the ground-breaking ceremony at Tatu Industrial Park, ALP CEO Toby Selman outlined the expected impact of the project and potential opportunities it presents for Kenya.
“Our distribution and logistics centre at Tatu Industrial Park offers international standard modern facilities for the rental market, and we plan on rolling out similar world-class developments across key African capital cities. Our multi-tenant facilities will allow not just international large companies to enjoy grade-A logistics and light industrial warehousing, but importantly will give regional SMEs access to international standard warehousing for the first time.” he said.
The project, which is supported by a range of global institutional shareholders such as World Bank’s International Finance Corporation, CDC Group, Africa-focused UK asset manager Mbuyu Capital, DOB Equity and Maris.
“The addition of Africa Logistics Properties to Tatu Industrial Park confirms our location as the hub for logistics and warehousing in East Africa,” said Stephen Jennings, founder and CEO of Rendeavour, Tatu City’s owner and developer.
Other companies at Tatu Industrial Park include Chandaria, Dormans Coffee, Unilever, Kim-Fay and Maxam.
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