Cash-strapped Tuskys Supermarket will lose its first real estate asset through a public auction over a Sh650 million Equity Bank #ticker:EQTY debt, dimming chances of a revival for the once giant retailer.
The five-storey commercial building, which houses the retailer’s largest store and sits at the junction of Tom Mboya Road and Accra Road in Nairobi, will be sold when the auctioneer’s hammer falls on March 2.
