The Group
Mauritian Property Partnerships (MPP) was formed in 2003 by a group of UK property developers, advisors and investors in direct response to the formal approval and promotion of the Integrated Resort Scheme (IRS) legislation launched by the Mauritian Government during the preceding year.
This legislation broke new ground by giving non-Mauritian citizens the right to purchase residential property within a restricted number of designated developments and forms part of a Government strategy towards attracting new high net-worth individuals to the island.
The IRS legislation further develops the established National Tourism Policy which emphasises low impact high-spending tourism and complements the leading international reputation that Mauritius has already earned through its development of world-famous resort hotels. It also contributes towards Government's continued strategy to reduce the island's historic dependence on agriculture and to position Mauritius as a regional financial, business, IT and knowledge hub.
Today MPP is developing prime residential and leisure real estate with an end-day value in excess of £250,000,000.
Based in Mauritius with representative offices in London, MPP has brought together world-wide expertise in the design, funding, construction and sale of residential, hotel and leisure-based developments. MPP's particular strength has been the creation of the local and international partnerships essential to realising its vision.
In 2006 MPP became one of the largest international investors into Mauritius, the Group now consisting of six Mauritian companies, of which one is a direct sales company. A number of other exciting new development projects are now at the concept and planning stage.
From the outset MPP has pursued a policy of ethical investment and a sustainable approach to development which is reflected in the Group's efforts to achieve a balance between commercial considerations and cultural, environmental and socio-economic concerns.