St Georges Building

St Georges Building is located at 22 St Georges Street, in central Port Louis, the capital of Mauritius. It is a three-storey office building comprising a ground floor and two upper floors, managed by Lavastone Properties, a public real estate company listed on the Development and Enterprise Market (DEM) of the Stock Exchange of Mauritius since December 2018.

The total gross lease area is 14,350 sqft, according to available information. Office suites start from 75 sqft. Each floor has toilets and a kitchenette. The building is equipped with a backup generator, 24-hour security, and uncovered parking. These features are described on the asset page published by Lavastone Properties.

The key tenant is Cim Finance Ltd, a subsidiary of Cim Financial Services Ltd, a financial services group listed on the Official Market of the Stock Exchange of Mauritius, according to available information. Cim Finance occupies the entire building, giving a 100% occupancy rate. This full occupancy is stated on the developer's asset page.

Key features:

• Address: 22 St Georges Street, Port Louis, Mauritius
• Structure: ground floor + 2 floors
• Gross lease area: 14,350 sqft
• Office suites: from 75 sqft
• Key tenant: Cim Finance Ltd (full occupancy)
• Backup generator
• 24/7 security
• Toilets and kitchenette on each floor
• Uncovered parking

The developer

Lavastone Ltd, trading as Lavastone Properties, is a public company incorporated in Mauritius on 5 March 2012. Its registered office is on the 1st floor of EDITH, 6 Edith Cavell Street, Port Louis. The company acquires, develops, leases and manages a portfolio of commercial and industrial properties in Mauritius and Rodrigues. Property management relies on a dedicated team handling lease administration, common-area maintenance and tenant relations. Buildings in the portfolio follow a regular maintenance plan, and technical equipment such as backup generators is subject to periodic checks to ensure continuity of service for occupants.

The tenant

Cim Finance Ltd is a subsidiary of Cim Financial Services Ltd, a Mauritian financial services group listed on the stock exchange. The company offers consumer finance, credit cards, leasing, factoring and investment services for individuals, SMEs and corporates. Its main head office is located at the corner of Edith Cavell and Mère Barthélemy Streets, Port Louis. Having a single tenant across the whole building simplifies property management: one lease covers all the space, which reduces the number of counterparties and makes it easier to coordinate maintenance work. For a potential investor or occupier, this configuration also means that any future availability will depend on how the current lease with Cim Finance Ltd evolves.

Note

The listing indicates a status of "under construction", which is inconsistent with a fully occupied building. This status is not confirmed by information published by Lavastone Properties. To verify the exact status of the building and any availability, contact Lavastone Properties directly on +230 213 7695 or by email at [email protected]. It is advisable to request written confirmation of the status before taking any commitment step.

Rental prices and lease terms are not published. Request a written quotation from the developer, specifying the desired area, intended duration and any fitting-out requirements. For any legal question regarding a commercial lease in Mauritius, consult a notary or a lawyer.