Mortgage firm HF Group to sell its iconic headquarters

nairobi city county
[Image source: African Arguments | Credit: Nina R.]


The Standard | by Wainaina Wambu


Housing Finance Group is planning to sell its headquarters in Nairobi’s central business district by June to raise capital that will help it comply with regulatory requirements.

The 13-storey building occupies a prime location at the junction of Kenyatta Avenue and Koinange Street. By the end of December 2020, Housing Finance had breached some of Central Bank of Kenya’s (CBK) key requirements and also loan repayment obligations…

Read more…

nairobi city county
[Image source: African Arguments | Credit: Nina R.]

LEAVE A REPLY

Please enter your comment!
Please enter your name here