VANTAGE CAPITAL PROVIDES $10 MILLION OF FUNDING FOR A SMART CITY PROPERTY DEVELOPMENT IN MAURITIUS

Vantage CapitalVantage Capital Africa’s largest mezzanine fund manager, recently announced that it has provided $10 million of funding to Cap Tamarin, a mixed-used, residentially focused “Smart & Happy” village located on the sought – after West Coast of Mauritius in a seaside village called Tamarin.

The Promoter of the transaction is Trimetys through its subsidiary Cap Tamarin Lt ee’ a Mauritian – based diversified real-estate, hospitality, education and agricultural group led by kian Jhuboo and Georges Talbotier.

Since their first real estate project in 1998, Trimety’s has developed a variety of different projects on the Island which include hotels, Sport centres, a shopping centre and a School as well as constructing more than  300 residential units.

Cap Tamarin will create an integrated ‘Work, Live and Play’ environment that is technology – Focused, Intelligent, Innovative and Sustainable. Cap Tamarin has already received the Prized Smart City Scheme certification from the Mauritian government.

Leave a Reply

Your email address will not be published. Required fields are marked *