StanChart to sell Sh175m Nyeri branch property

Standard Chartered Bank branch in Nyeri town.

Photo credit: Joseph Kanyi | Nation Media Group

Standard Chartered Bank Kenya has put up for sale the land hosting its Nyeri branch as it seeks to unlock cash from its real estate holdings.

The bank had valued the property, which sits on 0.4-acre land in the central business district of Nyeri, at Sh175 million on the lower side. The property consists of a single-storey branch with a two-storey residential house.

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