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Originally published by Capital Business
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business
March 25, 2026
3h ago

Supreme Court clears auction of 14 Riverside in Sh1.6bn debt row

Supreme Court clears auction of 14 Riverside in Sh1.6bn debt row

In a ruling delivered on March 24, the court upheld earlier decisions, allowing Synergy Industrial Credit Limited to enforce a Sh1.66 billion arbitral award against the property. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Supreme Court of Kenya has permitted the auction of the 14 Riverside office complex in Nairobi, dismissing an application by Cape Holdings Limited.

  • The property is subject to an auction to enforce a debt of Sh1.66 billion.
  • Key parties involved are Synergy Industrial Credit Limited (creditor) and Cape Holdings Limited (debtor).
  • This ruling reinforces the finality of arbitration matters and clears the way for significant commercial debt enforcement.

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