Stock Exchange of Mauritius
Novus Properties Ltd · NOV.MZ
NOVUS Properties Ltd is a Mauritius-based real estate investment company. The business profile is centered on ownership, leasing, development, and management of real estate assets, with value generated through occupancy, land use, tenant relationships, and asset enhancement. The principal activity of the Company is property development for sale and/or rent. Its objective is to generate a constant yield for its investors though off-market/relationship-based transactions and, at the asset level, through improvements in operations and properties. Novus Properties Ltd invests in the Offices and Light Industrial sectors. It owns approximately two Light Industrial Park with 6,804 square meters, which includes Industrial buildings at Pailles and Grand River Northwest (GRNW) that consist of: a Warehouse, Workshops, Stores, Offices, a Garage, a Messroom, and Locker Rooms. The Grand Bay Business Park includes approximately 73 units.
Fundamentals
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