Vintage Capital, an Africa-focused fund manager, has committed a substantial Sh6.1 billion to the Two Rivers International Finance and Innovation Centre (Trific), owned by Centum Investment.

This significant funding will facilitate the expansion of Trific’s workspace through the construction of additional office towers and the enhancement of the existing Trific North Tower.

Trific, which received Special Economic Zone (SEZ) status in June last year, plans to use this investment to build a new 76,800-square-metre office tower to meet the increasing demand from SEZ enterprises.

Additionally, part of the funding will be allocated to furnishing the already completed Trific North Tower, a 14,975-square-metre property adjacent to the Two Rivers development in Nairobi’s Gigiri area.

Brenda Mbathi, Chief Executive Officer of Trific, expressed her excitement about the investment.

"We are very excited to have been able to attract such an investment into our business. It is a strong show of confidence in the great opportunity that lies in the ecosystem we have created in a short time," she said.

Trific occupies 64 acres of the Two Rivers development, which spans a total of 106 acres.

The centre features grade-A offices, residential spaces, hospitality, and social amenities, making it a prime location for a diverse range of enterprises.

Already, Trific has secured bookings for its Trific North Tower from 14 different enterprises and anticipates further demand. 

Trific stated that the SEZ enterprises spanned various sectors, including business processing outsourcing firms, shared services centres, regional headquarters, and investment holding corporations.

A key attraction for SEZ enterprises is the direct access to the broader Two Rivers ecosystem, which includes residential developments, dining and lifestyle options, retail offerings, and entertainment venues.

This comprehensive environment supports both business operations and employee well-being.

The investment from Vintage Capital not only highlights confidence in Trific’s strategic growth but also bodes well for Nairobi’s commercial real estate sector.

With new office developments on the horizon and continued interest from various sectors, Trific is set to significantly influence Nairobi’s economic landscape in the coming years.