Sameer Africa Plc

Sameer Africa PLC is a Kenyan company primarily engaged in the letting and management of investment properties, with a strategic shift from manufacturing to real estate and investment property management. It offers commercial and industrial spaces across Kenya, generating core income from high-occupancy leasehold properties and buildings in Nairobi. The company also maintains dormant subsidiaries in Uganda, Tanzania, and Burundi, and holds investments in associates.

Founded in 1969 (with some sources citing 1927), Sameer Africa was historically involved in the importation, manufacturing, distribution, and retailing of tyres, tubes, and flaps through segments like Property Rentals, Sourcing and Distribution, Regional Operations, and Yana Tyre Centre. It has since pivoted towards property development and leasing, repaying all borrowings by 2024 and achieving strong financial growth, with 2024 revenue of KShs 389.5 million and net profit of KShs 259.9 million.

Listed on the Nairobi Securities Exchange, Sameer Africa holds a strong market position in Kenya's property sector due to its strategic land holdings and sustainable rental income. Headquartered in Nairobi, it employs 16 people and emphasizes corporate governance and operational efficiency.