Malls have the power to delight the senses and the innate ability to shape experiences.
With Ascencia, our retail property company, we mindfully craft singular places for visitors to create memories with their loved ones and stay on top of trends. That’s our way of shaping meaningful change for one and all.
Ascencia Local Presence
Segment Performance
FY24
Revenue*
MUR
1,909
m
(FY23: MUR 1,758 m) *from continuing operations
EBITDA**
MUR
1,727
m
(FY23: MUR 1,556 m) **from continuing operations and excluding other gains and losses
PAT**
MUR
1,185
m
(FY23: MUR 1,059 m) **from continuing operations and excluding other gains and losses
Ascencia is a leader in its field and has successfully developed and managed seven malls since its creation in 2008. The malls are Bagatelle Mall, Phoenix Mall, Riche Terre Mall, Bo’Valon Mall, So’flo, Kendra and Les Allées.
Ascencia officially integrated the official market on the Stock Exchange of Mauritius (SEM) and the SEM Sustainability Index in August 2021. The company is ranking now in the SEM-10 list. A strategic positioning which represents a significant milestone for the company's growth and development journey.