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Sh2bn city property row intensifies
A Nairobi court has stopped two Reunion Island investors from taking over management of a Sh2 billion property firm, pending hearing of a suit by a Kenyan businessman who claims a stake in the premises. FILE PHOTO | NMG
A Nairobi court has stopped two Reunion Island investors from taking over management of a Sh2 billion property firm, pending hearing of a suit by a Kenyan businessman who claims a stake in the premises.
Milimani Chief Magistrate Isaac Orenge stopped Richland Properties, a company affiliated with the two investors, from collecting rent from tenants of Elysee Plaza pending the hearing of the application by Ravasam Development Company through its major shareholder Nicholas Sankok.
