Novus Properties Ltd
NOV.MZ – The Stock Exchange of Mauritius
Business Description
NOVUS Properties Ltd is a Mauritius-based real estate investment company. 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. The Company 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. The business park offers offices, restaurants, and parking spaces. Tenants are companies operating within the financial and technology sectors. Its portfolio includes Novus Industrial Properties Ltd, Novus GRNW Properties Ltd, and Novus Northern Properties Ltd.
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