Home buyers face dilemma as banks recall loans in real estate purchases
KCB Group has engaged Garam Investments to auction the 78 Greatwall apartments to recover Sh1.9bn Erdemann Property borrowed to construct the houses
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KCB Group has engaged Garam Investments to auction the 78 Greatwall apartments to recover Sh1.9bn Erdemann Property borrowed to construct the houses
The widow of a Kiambu tycoon, Samuel Gatabaki has been found guilty of contempt of court.
The Gatabakis wanted the deal, which was adopted in court last year, reversed, arguing it was full of mistakes.
The company constructed a total of 756 housing units known as Fourways Junction, off Kiambu Road.
Equity Bank can now sell mansions belonging to real estate firm Suraya Property Group to recover its loan after the Court of Appeal gave the green light.