Trimetys Group - Annual Report 2020

Our strategy

Outlook Our short-termgoal is to continuebuild- ing the reputation of Trimetys Group as a leading property developer in Mauri- tius. We are planning to launch new developments in Cap Tamarin Smart & Happy Village while keeping a close eye on rising construction costs. The start of renovation and extension work at PLAYmourouk inRodrigueswill be another income-generatingproject; here again, construction costs as well as restriction of movement may pose a challenge. The setting up of a new9-hectare poul- try farm in Henrietta is expected to be completed in the medium term. In the longer term, we are working on securing the financing necessary for the later stages of Cap Tamarin Smart & HappyVillage ina landscapeof econom- ic uncertainty. We also hope to attract sufficient funding to complete all the smart city’s amenities. Our Horizon 2022 The rollout of our strategic plan to 2022 has been impeded as a result of two successive lockdowns since early 2020 and market uncertainty. We however remainconfident that,with thebreaking ground of Villas A’loes in 2021, the L’Ofis and O’Patio developments will break ground in 2022.

To call 2020 ‘unique’ feels like an understate- ment. It has been like one very long season of a TV show that keeps throwing random plots and crazy situations at viewers. There have been a few unpleasant situations but many beautiful moments. We have demonstrated our ability to bounce back and be resilient.

Key Information

sales were secured post-lockdown. Rs 250m+

Rs 500m

road infrastructure was completed in 2020.

Ashvin Seeboo CEO Real Estate Cluster AS

The Coeur Cap Tamarin shopping centre (including a Super U hypermarket) and C-Care Clinic Cap Tamarin opened in September and December 2020 respectively. Openings

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