This archive report was first published on 19 July 2021.
Published on July 19, 2021, a section of Nairobi's NextGen mall is set to be auctioned by Garam Investments to recover an undisclosed loan.
The mall, owned by Navin Shah, has a total of eight floors with 200 retail units, four floors of office space, and one floor occupied by eateries, lounges, and a fitness centre.
Located on the first floor, the section up for auction is Unit C, a pent office with three parking bays, 13 single room offices, two double room offices, a meeting room, a boardroom, a kitchen, and a lettable area of 5889.5 square feet.
According to Garam Investments, the property is situated along Mombasa Road and near Eka Hotel, making it conveniently located along the busy Mombasa Highway in South B and within close proximity to the Southern Bypass and the City Centre.
