After a few jam-packed days travelling and attending API Mauritius, you would think I would be back home and relaxing, but I’m actually back on the move and on my way to Kenya. So, I thought I would take the time to tell you how the event went while I wait to board my next flight.
What I found most interesting was the way in which different markets in the property sectors react to ESG initiatives. The residential panel, in particular, noted that buyers are not interested in ESG in the slightest and don’t even ask about ESG items when they are in the process of buying high-end property.
Some other interesting insights to come from the event included the fact there is still demand for new hotels in Mauritius, hotels will require new deal structures to work, and that there is a high demand for a business hotel on the north side of Mauritius.
There also seemed to be many panellists in agreement about the retail market taking a while to recover, tourism spending increasing, and healthcare being a massive focus in Mauritius for the next few years, so investment in hospitals and day clinics will be high.
Overall, while the conference was well attended, there was a desire for more African attendance, as there seemed to be a lot of Mauritians speaking to other Mauritians. However, I was glad to be invited to speak, and I would like to thank API Events for the opportunity.
We are sure the Hodari Africa team will attend many more API events in the future!
#APIMauritius2023 #Mauritius #ProjectManagement #HodariAfrica #Construction
Experienced Project Management Professional, Senior Project Development Manager specializing in Luxury Residential, Commercial, and Retail sectors, adept in Costing and Planning and implementation.
1wImpressive Daniel Trappler , local markets are important to have regularly buisnes and a tough one to establish.