Kampala varsity Kitengela campus up for sale over Sh1.9bn debt

Housing Finance Group head office in Nairobi. 

Photo credit: File | Nation Media Group

An auctioneer has put up for sale an educational complex in Kajiado County belonging to Kampala International University (KIU) to recover a debt of Sh1.9 billion owed to mortgage lender Housing Finance.

Valley Auctioneers on Monday invited bids for the purchase of the complex that sits on a 61.3-acre parcel of land in Kisaju, approximately 1.5 kilometres off the Nairobi-Namanga Highway.

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