Sameer Africa Breaks Ground on Multi Million Industrial Warehouse

Sameer Africa has begun construction of a groundbreaking ‘built-to-suit’ industrial warehouse within its Nairobi complex, marking a significant leap forward in the company’s expansion strategy.

This state-of-the-art facility, with a total investment of Ksh XX million, is slated to commence operations by mid-2024. Engineered with the latest technologies and innovations, this custom-built establishment is poised to elevate operational efficiency and productivity significantly.

Among its key features, the property boasts a robust infrastructure, including a 10 MVA installed electrical power supported by reliable 66kV transmission lines, high-speed and reliable fiber connectivity, ample utility water sourced from dedicated boreholes with backup storage, and an in-house property management team dedicated to ensuring seamless operations.

John Mugo, Managing Director of Sameer Africa, emphasized the tailor-made nature of the project, stating, “This facility has been meticulously crafted to align with our tenant’s distinct needs, encompassing considerations of size, layout, features, and functionality. By constructing a bespoke facility from the ground up, our tenant can sidestep costly retrofits or modifications to an existing space.”

Mugo elaborated on the company’s decision to venture into industrial warehousing, citing the escalating demand for customized warehousing services in the country. “In a landscape riddled with supply chain disruptions and soaring real estate costs, businesses clamor for a proficient team capable of delivering flexible, purpose-built facilities tailored to their operational uniqueness. Grade A warehousing, like the one under construction, is poised to empower businesses to achieve unprecedented operational efficiencies, enhancing profit margins, and facilitating scalable growth while curbing operational expenditure,” stated Mugo.

Erastus Mwongera, Chairman of Sameer Africa, outlined the company’s commitment to investing in industrial property development through greenfield projects and enhancing existing properties. “Our strategic growth blueprint underscores the revitalization of our property business, which has consistently proven to be a robust source of income and growth for the Group. The property sector presents us with a distinctive opportunity to steer the future of our company while propelling Kenya’s emergence as a leading logistics hub,” affirmed Eng. Mwongera.

Sameer Africa embarked on its foray into industrial warehousing in January 2021, following the approval of a four-year Strategic Plan by the Board of Directors. This strategy, anchored in the company’s extensive real estate portfolio and tyre industry expertise, is currently underway, reshaping the landscape of Sameer Africa’s property business, a steadfast source of income and growth for the Group.

About Sameer Africa
Sameer Africa PLC, initially incorporated in Kenya in 1969 as Firestone East Africa Limited, specializes in the importation and sale of tyres and allied products, alongside investment property leasing. Operating primarily in Kenya, the company extends its tyre operations to Tanzania, Uganda, and Burundi.

Sameer Africa PLC is 72.15% owned by Sameer Investments Limited, a prominent force in East Africa’s economic landscape, boasting over thirty years of experience in Kenya’s industrial and economic development. The company serves as a direct and indirect employer for over 30,000 individuals.

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