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Commercial
Property
The commercial property development market in
Mauritius encompasses a wide array of property types, including office
buildings, malls, shopping centres, warehouses, and distribution facilities.
With the substantial growth forecast in the services sector, namely in the BPO,
call centres, banking, global business and financial services sectors,
significant demand in commercial space is expected. Furthermore, the island is
pushing up to become a shopping destination. The relatively limited supply of
quality of commercial space implies that investments in such activity will
continue to be rewarding in the coming years.
Shopping malls and duty-free shops - Investments in
high-end shopping areas and shopping boulevard consisting of shopping malls,
boutique malls and street shopping connecting hospitality and leisure zone are
promising as a result of Mauritius’s steadily increasing tourism industry and
foreign retirees looking to moving to places both sunny and inexpensive. With
Mauritius still becoming home to foreign high-net worth individuals looking for
alternative place of residence, professionals from abroad working in high-end
business sector and increased business activity, Mauritius is poised to
accommodate the development of the burgeoning retail market. Real estate
investors can choose anything from unspoiled seafront property to downtown
locations.
Office development - Interest in office real estate
market started with many international and financial corporations now having
locations in Mauritius. With Mauritius positioning as a vibrant financial
services hub, the ease of doing business in Mauritius add to the fact of the
Government’s policy to allow foreign investors to acquire immovable property
for business purposes are already providing significant potential for
development of office spaces. High standard offices and industrial spaces can
be set up and leased in the strategic business areas of Mauritius.
Download
Guidelines for Acquisition of property for Business Purposes
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