Kenya's Real Estate Investment Trusts (REITs) market is under pressure to update its regulatory framework to better support a wider range of assets and investment structures. Industry experts argue that current rules are outdated and limit the sector's potential. At the AmCham Kenya 2026 Business Summit, Peter Waiyaki, a partner at Mboya Wangong'u & Waiyaki Advocates, suggested reforms to broaden the definition of eligible assets. This would allow REITs to include more diverse investments, such as infrastructure and renewable energy projects. The call for reform comes as the market has grown since 2015 but remains constrained by regulatory limitations. Industry participants believe updated rules could boost investor confidence and attract more capital. The proposed changes aim to align Kenya's REIT framework with international standards and enhance the sector's competitiveness.