The closed Nakumatt Lifestyle branch after National Social Security Fund
shut down the store at Hazina Towers in Nairobi over rent arrears.
photo | salaton njau | nmg
The National Social Security Fund (NSSF) is now letting space at
the controversial multibillion-shilling Hazina Trade Centre weeks after
troubled Nakumatt Holdings was thrown out of the
premises.
premises.
NSSF
said in a notice that 40,000 square feet of space will be available for
leasing to a retail operator at Nairobi’s premium location with access
to four-level underground basement parking bays for 480 motor vehicles.
“Hazina
Trade Centre is now letting ready for occupation come December 31,
2018. We have space for pharmacies, boutiques, optical, photo studio,
jewelry, restaurants, food courts, coffee shops, banks and ATMs as well
as four floors of basement parking,” the notice said.
The
announcement comes four months after the main anchor tenant, Nakumatt
Lifestyle was forced out, its groceries and other assets seized to
facilitate recovery of Sh73 million owed to NSSF in rent arrears since
July 2017.
The
notice by real estate management firm, Tysons Ltd said the building
initially planned to rise 39 floors will stop at 15 floors.
Nakumatt stopped the construction of additional floors citing complaints over reduced clientele and building’s stability.
This
saw construction equipment owned by China Jiangxi International remain
idle for 94 weeks until last year when the suit was thrown out and
Nakumatt ejected from the suit property.
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