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Originally published by Capital Business
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business
July 3, 2026
19h ago

Supreme Court halts Cytonn property transfers pending appeal

Supreme Court halts Cytonn property transfers pending appeal

The decision temporarily bars the Official Receiver from enforcing vesting orders that would have enabled the transfer of properties including Alma, Applewood, Riverrun, Taraji, The Ridge, Mystic Plains/Newtown and Kilimani developments...

✨ Key Highlights

The Supreme Court has temporarily halted the transfer of several high-value properties linked to Cytonn Investments pending an appeal hearing.

  • The conservatory orders will preserve the disputed assets, including Alma and The Ridge developments, until the court determines Cytonn's appeal.
  • The ruling involves Cytonn Investments and the Official Receiver concerning troubled real estate investment schemes and property rights.
  • The Supreme Court acknowledged that the matter raises arguable constitutional questions regarding property rights and fair hearing, finding it in the public interest to maintain the status quo.

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