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Nairobi UpperHill Hotel put on auction over NBK loan
The Nairobi Upper Hill Hotel has been put up for auction, adding to the growing list of hospitality establishments that have gone under the hammer. FILE PHOTO | NMG
The Nairobi UpperHill Hotel has been put up for auction, adding to the growing list of hospitality establishments that have gone under the hammer as the effects of saturation in the industry continue to bite.
Garam Investments Auctioneers on Monday listed the four-storey property in the local dailies and invited potential buyers to snap up the property. The bidding deposit is Sh10 million.
