State starts Cytonn assets auction to recover investors’ Sh11bn

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Cytonn CEO Edwin Dande. 

Photo credit: File| Nation Media Group

The State will today open the auction of Cytonn Investments' multi-billion shilling real estate properties under two investment vehicles, paving the way for the recovery of Sh11 billion belonging to over 3,000 investors.

The Business Registration Services (BRS) is seeking bids for properties linked to Cytonn High Yield Solutions (CHYS) and Cytonn Real Estate Project Notes (CPN).

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