New Frontier Properties Limited (Mauritius)

New Frontier Properties Limited is a company based in London. It was incorporated as a private company in Mauritius on June 5, 2014, and later became a public company. The company has a dual primary listing on the Stock Exchange of Mauritius Ltd (SEM) and the Alternative Exchange of the Johannesburg Stock Exchange (AltX). In October 2015, it moved its tax domicile to the UK and joined the UK REIT regime. Although it has left the UK REIT regime, New Frontier continues to be a UK tax resident company. New Frontier Properties focuses on developing a real estate portfolio that primarily consists of retail and logistics assets in the UK and Europe. The company acquired its first two retail properties, the Cleveland Centre in Middlesbrough and Coopers Square in Burton upon Trent, in April 2015. In September 2015, it also acquired the Houndshill Shopping Centre in Blackpool. Additionally, in October 2017, New Frontier acquired a modern warehouse unit at Stadium Business Park in Dublin, Ireland. The company aims to have a portfolio of properties located in dominant locations, with long-term leases, low vacancies, and strong covenants.