[Source: The Standard, by Wainaina Wambu]
Retailers are having a hard time paying rent in malls, forcing landlords to kick them out or use crude methods to recover their money.
The retail space in the property market is one of the hardest-hit sector this year owing to a combination of factors, including the Covid-19 pandemic.
At the onset of the pandemic, retailers protested that mall landlords were reluctant to offer rental reliefs to them.
In two weeks’ time, eight businesses at the Garden City mall are facing the auctioneers’ hammer owing to rent arrears…
