The State has revealed the list of Cytonn Investments real estate properties set for auction to realise money to compensate more than 3,000 investors owed Sh11 billion.
Business Registration Services (BRS) has published a list of six properties in Nairobi and Kiambu counties as it opens auction bids. The properties are linked to Cytonn High Yield Solutions (CHYS) and Cytonn Real Estate Project Notes (CPN) —the two Cytonn Investments’ vehicles that collected investors’ money but defaulted.
