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Property fund

Our commercial properties are owned by public listed property funds Ascencia and CIPF, which are also ENL subsidiaries.

Commercial properties built by ENL, be it retail parks or industrial buildings, a generally owned by direct property funds, listed on the Stock Exchange of Mauritius. This opens up opportunities for the general public to hold a share in these assets. Shareholders are remunerated from rental income received from operating these properties. Two such property funds currently form part of the group. They are,

  • Ascencia, a Rogers subsidiary which is arguably the largest Mauritian property fund listed on the Development & Enterprise market of the mauritian stock exchange. It owns and manages a portfolio of retail parks, all of which are almost fully let out.
  • The Commercial Investment Property Fund (CIPF), an ENL Commercial subsidiary, owns buildings from which its sister companies currently operate.
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