African Union for Housing Finance:
Investment Opportunities in Mauritius

www.investmauritius.com

12th September 2013
AGENDA

Overview of Hospitality and Property Industry in Mauritius
Sector Evolution & Main Developments
Investment Opportunities
Mauritius as a platform for Real Estate Investments
Why Mauritius
Overview: Hospitality and Property Industry
GDP (2012)
Construction Industry

6.3%

Real Estate Activities

5.5%

Number of Permits Issued (2012)
Residential

6,081

Non Residential

475

Floor Area Covered (2012, 000 m2 )
Residential

1,037

Non Residential

150.20

Employment (2012)
Construction

53,100

Real Estate Activities

900

Construction & Real
Estate Activities

54,000

FDI (2012, USD $ million)
Real Estate activities

170

Construction

59
Sector Evolution and Major Developments
Acquisition of apartment by
permanent residence permit
holders
Opening up of Economy –
Development of new IRS
Framework

2006-2007

Development of RES
Framework and introduction
of RES Scheme

IRS

2007-2008

RES

Review of RES/IRS
Framework

2008-2009

Introduction of IHS
Scheme

IHS

2009-2010

Acquisition of property by OP
holders 2013 (Investor and
professionals)

Mixed
Use

2011-2013

Anahita

Domaine des Alizees

Long Beach

Grand Baie la Croissette

Tamarina

Tamarin Villas

Ritz Calton*

Bagatelle Mall of Mauritius

Belle Riviere

Sunset View in paradise

Oberoi*

Matala

Grand Baie La Croissette

Club Med
Villa Valriche
La Balise Marina
Foreign Direct Investment in Hospitality & Property
Development

234

250

241
198

212

185

FDI in
Hospitality/
Property
150

103

7

7

2003

17

43
20

2006

93

87

41

2009

69

67

111

FDI in
Residential
Projects

2012
Investment Opportunities

Integrated Resort Scheme
Development of high
end luxurious villas
Minimum investment
amount – USD 500,
000

NO OF UNITS SOLD (2012)

Real Estate Scheme
Development of
luxurious villas and
apartments
No minimum
investment amount

17

Invest Hotel Scheme

IHS

Shared ownership
through equity
participation

IRS

Rooms or other part of
the hotel can be sold to
individual investors
Ownership of hotel
rooms or any other part
of the hotel with a
fractional undivided
interest in the common
areas

80

169

RES
Investment Opportunities

Marina and waterfront developments

Urban regeneration project

Mixed use private and commercial island
development

Hotels catering for Asian tourists

New Areas of Development
Financial Platform

Structuring, administration and management of real estate
and property investment vehicles for the region

Property/Real
Estate Funds

Trusts

Investment
Holdings
Financial Platform

Capital Raising Venue
for global property
investors
Internationally
Recognised Exchange
Possibility for Dual
listings
Why Mauritius

Political &
Social Stability

Proven
Jurisdiction of
Substance

Active member
of COMESA &
SADC

World Class
Regulations

Innovative
Investment
Vehicles

Pool of
bilingual
Professionals

Eco-System
(Stock
Exchange)

Fiscal Efficiency

Risk Mitigation
Thank You

African Union for Housing Finance Conference: Investment Opportunities in Mauritius

  • 1.
    African Union forHousing Finance: Investment Opportunities in Mauritius www.investmauritius.com 12th September 2013
  • 2.
    AGENDA Overview of Hospitalityand Property Industry in Mauritius Sector Evolution & Main Developments Investment Opportunities Mauritius as a platform for Real Estate Investments Why Mauritius
  • 3.
    Overview: Hospitality andProperty Industry GDP (2012) Construction Industry 6.3% Real Estate Activities 5.5% Number of Permits Issued (2012) Residential 6,081 Non Residential 475 Floor Area Covered (2012, 000 m2 ) Residential 1,037 Non Residential 150.20 Employment (2012) Construction 53,100 Real Estate Activities 900 Construction & Real Estate Activities 54,000 FDI (2012, USD $ million) Real Estate activities 170 Construction 59
  • 4.
    Sector Evolution andMajor Developments Acquisition of apartment by permanent residence permit holders Opening up of Economy – Development of new IRS Framework 2006-2007 Development of RES Framework and introduction of RES Scheme IRS 2007-2008 RES Review of RES/IRS Framework 2008-2009 Introduction of IHS Scheme IHS 2009-2010 Acquisition of property by OP holders 2013 (Investor and professionals) Mixed Use 2011-2013 Anahita Domaine des Alizees Long Beach Grand Baie la Croissette Tamarina Tamarin Villas Ritz Calton* Bagatelle Mall of Mauritius Belle Riviere Sunset View in paradise Oberoi* Matala Grand Baie La Croissette Club Med Villa Valriche La Balise Marina
  • 5.
    Foreign Direct Investmentin Hospitality & Property Development 234 250 241 198 212 185 FDI in Hospitality/ Property 150 103 7 7 2003 17 43 20 2006 93 87 41 2009 69 67 111 FDI in Residential Projects 2012
  • 6.
    Investment Opportunities Integrated ResortScheme Development of high end luxurious villas Minimum investment amount – USD 500, 000 NO OF UNITS SOLD (2012) Real Estate Scheme Development of luxurious villas and apartments No minimum investment amount 17 Invest Hotel Scheme IHS Shared ownership through equity participation IRS Rooms or other part of the hotel can be sold to individual investors Ownership of hotel rooms or any other part of the hotel with a fractional undivided interest in the common areas 80 169 RES
  • 7.
    Investment Opportunities Marina andwaterfront developments Urban regeneration project Mixed use private and commercial island development Hotels catering for Asian tourists New Areas of Development
  • 8.
    Financial Platform Structuring, administrationand management of real estate and property investment vehicles for the region Property/Real Estate Funds Trusts Investment Holdings
  • 9.
    Financial Platform Capital RaisingVenue for global property investors Internationally Recognised Exchange Possibility for Dual listings
  • 10.
    Why Mauritius Political & SocialStability Proven Jurisdiction of Substance Active member of COMESA & SADC World Class Regulations Innovative Investment Vehicles Pool of bilingual Professionals Eco-System (Stock Exchange) Fiscal Efficiency Risk Mitigation
  • 11.