Letter from David Seinker
“The Business Exchange (TBE), in partnership with MaxCity Properties, has released an opportunity for investors seeking an affordable yet safe way to invest offshore in an asset class operated and managed by a trusted and experienced South African company. After being incorporated in 2014, The Business Exchange has grown to six locations across South Africa and Mauritius and has further expansion plans for the rest of the continent. TBE successfully launched its first international location in Mauritius in 2019. This new site proved to be a resounding success, and the building quickly became the flagship location in Africa after enjoying full occupancy in record time. The Business Exchange is now offering investors the opportunity to purchase their own sectional title serviced offices, ranging from 10 to 30 square metres, and starting from $37,500 per office. Buyers can expect net returns before tax on their investments of up to 9% from as early as year 2, with projected property appreciation of up to 30% over 7 years. Before the onset of Covid-19, it was predicted that the global flexible office market would grow from an existing 4% to make up over 30% of commercial real estate by the year 2030.
This significant growth is attributable to the increased demand by corporate companies, who identified the significant potential savings of renting serviced offices rather than entering traditional leases. Corporations are also becoming aware that the risks and costs associated with running their property assets no longer make business sense. Covid-19 has further accelerated this trend. We see an even greater demand for agile office solutions as business owners seek to reduce risk, minimise lease costs, and further embrace the future’s hybrid way of working. TBE currently leases to clients such as Macquarie Bank, Expedia, Samsung, Broll, and NBA, to name a few. Mauritius has received recognition for its political, social, and economic stability, as well as its effective regulatory and economic framework. Its state of the art infrastructure, transparent and legal framework, and highly competitive fiscal system, make it a great property investment location. There is no better time to invest offshore in a high-growth asset class managed by a reputable service office specialist. Investors who purchase an office will also receive lifetime membership access to TBE Mauritius and all of its facilities.”
The Investment
Opportunity
For further information view the Investor brochure and floor plan below:
Key Investment Numbers
Purchase prices from $37,500 per office
All furniture and fixtures included in the office price
Transfers & notary fees at approximately 6.5%
Easy opening of local bank accounts
No VAT applicable for South African buyers
Net Rentals paid every quarter in US Dollars