By BRIAN WASUNAMore by this AuthorThika Superhighway-based Garden City Mall has joined the list of landlords seeking to evict struggling retailer Nakumatt from their premises. GC Retail, which owns Garden City, has asked the High Court to allow it to repossess the space Nakumatt has occupied since May 2015 over unpaid rent, service charges and utilities amounting to Sh48.1 million. The mall owner issued Nakumatt with a 30-day notice to leave the Garden City premises on October 6. GC Retail claims Nakumatt’s decline has affected traffic into the mall, which has in turn had an effect on other tenants. Garden City claims that pedestrian traffic was on a 22 per cent monthly rise when Nakumatt was still afloat, and has now dropped to below a 10 per cent increase.

Source: Daily Nation November 14, 2017 07:07 UTC