Yaya Centre

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Yaya Centre
Yaya Centre
Location Hurlingham, Nairobi, Kenya
Coordinates 1°17′33″S36°47′15″E / 1.29250°S 36.78750°E / -1.29250; 36.78750
Opening date1992;31 years ago (1992)
Owner
Website www.yaya-centre.com

Yaya is a shopping centre located in Hurlingham in Nairobi, Kenya. The establishment had been an asset for the Nicholas Biwott business empire until 2023 when it was announced that the Kantaria family had acquired it at undisclosed amount.

Overview

The mall is located approximately 3.4 kilometres (2 mi) from Nairobi's city centre, along Agwings Kodhek Road in Hurlingham in Upper Hill. It was opened to the public in 1992, making it one of the first malls in Kenya. [1] The mall is part of a mixed-use establishment that also provides housing in the Yaya Towers; in which the west wing tower as remained incomplete due to a suspected dispute with the contractor. Yaya Centre provides an array of services from a retail supermarket chain; fast food restaurants; fashion and accessories shops; electronics and technology shops; banking and services; a movie theatre; outdoor recreation centre. [2] [3] [4] [5]

The shopping complex has for years been associated with the late former cabinet minister Nicholas Biwott's business empire since. In July 2023, saw a consortium of investors, notably Kantaria family, acquire the shopping centre together with Yaya Towers and Hotel for an undisclosed amount. [6] The private transaction had reportedly been executed in 2020. [7]

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References

  1. CORRESPONDENT (25 May 2015). "Garden City Mall opens Thursday". Capital Business. Retrieved 19 October 2023.
  2. Reporter, Standard. "New Garden City Mall to open its doors in May". The Standard. Retrieved 19 October 2023.
  3. "TECNO opens exclusive store at the Garden City Mall in Nairobi". Citizen Digital. 26 June 2023. Retrieved 19 October 2023.
  4. "39,000m² Retail To Let in Thika Rd". m.broll.co.ke. Retrieved 19 October 2023.
  5. "Kenya: Carrefour takes over Shoprite's space at Garden City mall to open 13th outlet". Business Insider Africa. 29 April 2021. Retrieved 19 October 2023.
  6. "Meet Billionaire Dynasty That Bought Yaya Centre from Biwott Family - Kenyans.co.ke". www.kenyans.co.ke. 6 August 2023. Retrieved 19 October 2023.
  7. Gikunju, Washington; Ngala, Larry (6 August 2023). "Biwott family sells iconic Yaya Centre mall to wealthy Kantaria family". Daily Nation . Retrieved 19 October 2023.