Commercial Property

Newton Tower, Port LouisThe 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