Exploring Mauritius Developments: A Hub for Investment Opportunities
Mauritius, a small island nation in the Indian Ocean, has rapidly evolved into a dynamic hub for investment opportunities, attracting businesses and investors from across the globe. Known for its political stability, robust financial sector, and business-friendly regulatory framework, Mauritius developments have positioned the country as a premier destination for real estate development, tourism, and financial services.
At the heart of this boom are strategic infrastructure projects, vibrant economic sectors, and forward-thinking entities like Grit Real Estate Income Group (Grit), which has played a pivotal role in transforming the island’s investment landscape.
Strategic Advantages of Mauritius Developments
One of the key advantages that Mauritius offers to investors is its favourable geographic location. Positioned between Africa and Asia, Mauritius serves as a gateway to African markets while also being a prominent offshore financial hub with access to Asian and European markets.
Investors are attracted by the island’s strong legal framework, which is rooted in English and French law, as well as its transparent tax system that offers numerous incentives. These include no capital gains tax, low corporate tax rates, and a comprehensive network of double taxation avoidance agreements (DTAAs) with several countries, enhancing the island’s appeal as a global business hub.
In recent years, the government of Mauritius has invested heavily in infrastructure, fostering the growth of modern commercial hubs, residential communities, and a burgeoning tech industry. Moreover, as a member of key African trade blocs, such as the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA), Mauritius grants businesses access to a market of over 600 million consumers, further boosting its credentials as a business-friendly destination.
Our Role in Mauritius Developments
Grit has emerged as a driving force in Mauritius developments, playing a vital role in shaping both residential and commercial landscapes. Our expertise lies in investing in and managing income-generating assets across Africa, and Mauritius serves as the company’s strategic base of operations. The Group’s portfolio includes a mix of commercial, retail, and hospitality assets, all of which contribute to Mauritius’ status as an attractive investment hub.
A key example of our contributions to Mauritius’ development is our focus on building sustainable, high-quality commercial properties that attract international tenants. The Group has developed several premium office spaces designed to meet the needs of multinational companies and growing local businesses, further reinforcing Mauritius as a preferred business destination.
The Unity Building development at The Precinct in Mauritius, developed by GREA (Grit’s real estate development subsidiary), is the first development in Mauritius to achieve a 5-Star Greenstar rating, marking it as the leading commercial office building in the Indian Ocean Island region for sustainability. As part of a larger complex being developed in three phases, the Unity Building is designed with a focus on sustainability, connectivity, and flexibility. It offers a wide range of tenancy options, both in size and location, to meet diverse business needs.
Mauritius Developments Offer High Returns
Mauritius’ strategic location, supportive business environment, and expanding infrastructure make it an appealing destination for investors. As development continues to thrive, Grit’s pivotal role in creating modern, sustainable investment opportunities ensures that the island remains a key player in the regional and global investment landscape.
A shortage of quality private healthcare facilities in Mauritius led to the development of the Curepipe Artemis Hospital, a private healthcare facility with a capacity of approximately 68 beds. Curepipe Artemis Hospital is positioned as a private offering to service the general hospital demand for quality medical care, as well as being an important support facility positioned alongside the oncology-focused Coromandel Artemis Hospital, which is also being developed by GREA. Through innovative projects and a focus on high-quality assets, Grit is not only shaping the real estate market in Mauritius but also bolstering the island’s reputation as a global investment hub.
Unlock high returns and become part of a positive societal impact in Africa by learning more about our strategy. Contact Grit today.