Official receiver to lease out Cytonn Kilimani property

Creditors gave the official receiver the greenlight to lease the three pieces, locking out Cytonn, which had also advertised the land for lease.

Photo credit: Shutterstock

The official receiver has moved to lease out Cytonn Investment’s 3.99-acre land in Kilimani, which has been at the centre of a liquidation battle in court.

In a tender document, the official receiver has invited bidders to apply for the lease of three pieces of land —one acre, 1.5 acres and 1.497 acres—located at Argwings Kodhek Road in Kilimani for a period of one year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.