Troubled retail chain Nakumatt’s revelation that it will shut down more branches if a proposed takeover deal with rival Tuskys goes through has sparked a new war with landlords, who have filed fresh suits to evict the retailer from their premises in Nairobi, Nakuru, Kericho and Kakamega.
Kakamega-based Holden Investments (Holdent Mall), Green Square Limited (Green Square Mall) of Kericho, CK Patel Limited (Westside Mall, Nakuru), Parkside Developments Limited, High Park Investments and Highport Properties (Nairobi) have sued Nakumatt, seeking to terminate the retailer’s leases and take back the lettable space.
