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Novus Properties Limted (Mauritius)

Main Activities: Lessors of Real Estate
Full name: Novus Properties Limted Profile Updated: March 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

NOVUS Properties Ltd is a real estate investment company located in Port Louis, Mauritius. It was incorporated on an unspecified date. The company focuses on acquiring a diversified portfolio of properties in Mauritius. Its objective is to generate a constant yield for its investors through off-market/relationship based transactions and improvements to operations and properties. NOVUS primarily invests in the Offices and Light Industrial sectors. The company owns two Light Industrial parks with a combined Gross Lettable Area (GLA) of 6,804m2. The first investment was acquired in December 2013 in Pailles, and the larger one in Grand River North West (GRNW) was acquired in May 2018.

Headquarters
C/O Nwt Secretarial Services Ltd, 6Th Floor, Dias Pier Building, Le Caudan Waterfront, Caudan
Port Louis; Port Louis; Postal Code: 11307

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Website: http://novusproperties.mu

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Managing Director
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Outside Director
Ownership Details
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34.44%
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9.92%
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9.1%
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6.7%
Subsidiaries
Novus Grnw Properties Ltd
100%
Novus Industrial Properties Ltd
100%
Novus Northern Properties Ltd
100%
Company Performance
Financial values in the chart are available after Novus Properties Limted report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MUR. Absolute financial data is included in the purchased report.
Net sales revenue
24.36%
Total operating revenue
24.36%
Operating profit (EBIT)
56.37%
Net Profit (Loss) for the Period
72.32%
Total assets
11.23%
Total equity
13.88%
Operating Profit Margin (ROS)
16.32%
Net Profit Margin
14.34%
Return on Equity (ROE)
0.95%
Quick Ratio
2.49%

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