End of an era: Hilton finally up for sale, taking with it nostalgic city memories

The prime landmark property is located at the heart of the Nairobi CBD fronting four major streets namely Mama Ngina Street, Watalii Lane, City Hallway and Simba Street. 

International Hotels (Kenya) Ltd, the owner of the hotel, is a joint venture between Hilton International, Kenya Development Corporation, and Israeli national airline El Al Israeli Airlines, official data shows.  

“Interested parties should submit comprehensive information indicating their experience, track record and financial capability to undertake the acquisition,” said Knight Frank.  

Real Estate has learned no price is yet to be set for the prime property, which is expected to fetch billions of shillings. 

“There isn’t a reserve price we are providing. We are running an EOI (Expression of Interest) followed by an RFP (Request for Proposal) process,” said Anthony Havelock, head of agency for Knight Frank in Kenya in response to our queries. 

A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors for a purchase request. 

The property agency added in a notice interested bidders should provide their track record for similar acquisitions as well as demonstrate their financial capacity to acquire 59.42 per cent of equity in International Hotels Kenya Ltd. 

“Interested parties are requested to submit their Expressions of Interest by email to the parties detailed below. The EOls must be sent to not later than 1100hrs East Africa,” said Knight Frank.