Ascencia Ltd 2014 AR2
The report highlights Ascencia Ltd's strategic acquisitions and consolidation of its retail property portfolio in Mauritius for the financial year ending June 30, 2014. Key achievements include the acquisition of a portfolio from ENL Property, including Kendra Commercial Centre, Les Allées d'Helvétia Commercial Centre, and a 50.1% stake in Bagatelle Mall of Mauritius. The company successfully completed facility upgrades at Centre Commercial Phoenix and Riche Terre Mall, resulting in a portfolio occupancy rate of 99%. Additionally, Ascencia raised Rs 400 million in debt finance to fund these developments while maintaining a conservative loan-to-value ratio.
Company: Ascencia Ltd
Sector: Real Estate
Country: Mauritius
Year: 2014
Type: AR2
Pages: 92
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Ascencia Ltd
Annual Report
The report highlights Ascencia Ltd's strategic acquisitions and consolidation of its retail property portfolio in Mauritius for the financial year ending June 30, 2014. Key achievements include the acquisition of a portfolio from ENL Property, including Kendra Commercial Centre, Les Allées d'Helvétia Commercial Centre, and a 50.1% stake in Bagatelle Mall of Mauritius. The company successfully completed facility upgrades at Centre Commercial Phoenix and Riche Terre Mall, resulting in a portfolio occupancy rate of 99%. Additionally, Ascencia raised Rs 400 million in debt finance to fund these developments while maintaining a conservative loan-to-value ratio.
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Document Details
Report Year
2014
Reporting Period
Jul 1, 2013 - Jun 30, 2014
Fiscal Year
2014
Published
Aug 26, 2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees