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Nakumatt, Junction Mall lease dispute goes to court

A Nakumatt outlet in Nairobi. FILE PHOTO | NMG
A Nakumatt outlet in Nairobi. FILE PHOTO | NMG 

Troubled retailer Nakumatt has taken to court its lease dispute with the upmarket Junction Mall, which was Monday restrained from evicting the supermarket chain from its premises.

Nakumatt accuses the management of the Junction Mall of evicting it as an anchor tenant in breach of a September 15 joint agreement with the Junction Mall owners and management.

But the Junction Mall owners and Knight Frank, which manages the shopping complex, dispute the claims and instead accuse the retailer of not complying with a lease agreement that stipulated requirements for its continued tenancy.

The cash-strapped retailer Monday disowned a public notice released on Saturday, indicating that Nakumatt had relinquished its rights over the premises pursuant to a surrender dated September 15 this year.

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