Renice Midar, ACIArb

Partner, Head of Real Estate, Banking & Finance
T: +254 20 272 7171 C: +254 709 830 100 E: rmidar@tripleoklaw.com W: https://www.tripleoklaw.com/

Renice possesses a wide breadth of experience in real estate transactions. She particularly demonstrates expertise, efficiency, and commercial awareness in dealing with all property matters pertinent to compliance, regulatory, due diligence, and project development.

She has been extensively involved in and acted as a lead lawyer in several high-value complex property development projects. She has a key understanding of the real estate and banking sector and is in touch with the commercial needs of client banks and borrowers alike.

In addition, Renice has also worked in the firm’s Litigation team handling succession matters, divorce proceedings, and child custody.

Qualifications: 

  • LLM (Public International Law)
  • LLB (Hons.)
  • Associate of the Chartered Institute of Arbitration
  • Diploma in Law (KSL)

Memberships: 

  • Law Society of Kenya
  • East Africa Law Society
  •  Chartered Institute of Arbitration

Key Matters

1. Uhuru Heights Limited

In reviewing and drafting the agreement to Lease and Sublease Cascadia Apartments built on 1.8 hectares of land valued at USD 36 million (KES 5 billion).
In the preparation of a Deed of Assignment of contract receivables and perfection of the securities between the bank and the borrower for USD 36 million (KES 5 billion).
In the leasing and conveyancing for the development of Mtwapa Gardens (a residential development standing on 10.3 acres of land situated in Mtwapa, Kilifi) valued at USD 13 million (KES 1.8 billion).
(A Turkish developer specializing in top-end real estate projects) its first smart home luxury apartment project in sub-Saharan Africa valued at USD 9.4 million (KES 1.3 billion).
(A real estate developer in Kenya) in a country estate gated community project valued at USD 8.7 million (KES 1.2 billion).
(The third largest Kenyan bank in assets) in connection with the perfection of securities securing the interests of the Bank valued at USD 3.6 million (KES 486 million).
In creating a third-party charge over a borrower’s go-downs for an aggregate sum of USD 2.8 million (KES 378 million).
(A wholesale lender based in Uganda providing wholesale loans to micro-finance organizations in Kenya) in connection with the perfection of securities securing the interests of the Bank valued at USD 722 thousand (KES 100 million).
(One of East Africa’s largest banks) in connection with the perfection of securities securing the interests of the Bank valued at USD 390 thousand (KES 54 million).

Capabilites

Insights

Insights

The Physical and Land Use Planning Act, 2019 and its Implication on Developers

See Article

Insights

LEGAL ALERT: Payment of Stamp Duty and Capital Gains Tax

See Article

Insights

LEGAL ALERT: Stamp Duty (Valuation of Immovable Property) Regulations, 2020

See Article