KCB Group has seized Mombasa’s luxury property English Point Marina and placed Pearl Beach Hotels, the real estate firm that owns it, under statutory management over a Sh5.2 billion debt. Pearl Beach ...
A photo of English Point Marina that has been seized by KCB over a 5 billion shilling debt. [Denis Kibuchi, Standard] Mombasa-based English Point Marina Beach Hotel has gone back to the Court of ...
Trouble is brewing in Mombasa’s English Point Marina as the property’s developer faces fraud and money laundering investigations amid a vicious war with apartment buyers, who claim they have been ...
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