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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
At its height, Nakumatt Supermarkets was the darling of mall owners.
New and upcoming malls were outbidding each other to have the retailer become their anchor tenant and with the promise of human traffic that the chain was almost guaranteed to bring, property owners would use this as bargaining chip and get other tenants that would pay premium rental charges.
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