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A view of the 14 Riverside complex along Chiromo Road on July 28, 2020. [Elvis Ogina, Standard]

The protracted legal battle over 14 Riverside, a prime luxury property complex along Riverside Drive in Nairobi, has been ongoing for over a decade and shows no signs of resolution.

This contentious dispute, involving billions of shillings, has seen the parties embroiled in numerous court cases, arbitrations, and appeals. The parties are preparing to return to court in October 2024.

It all began in 2009 when Cape Holdings broke ground on 14 Riverside, an ambitious luxury complex in Nairobi’s Chiromo area. The project was designed to be the epitome of high-end construction, featuring five office blocks, a five-star hotel, a parking silo, a food court, and other amenities. The development was poised to become a landmark in Nairobi, attracting high-profile tenants and businesses.

In March 2011, Cape Holdings entered into a series of agreements with Synergy Industrial Credit Limited, under which Synergy would become the owner of two blocks within the complex.

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