At a cost of Rs 600 million, the first phase of Circle Square will be ready in August 2012

The start of work for the project Circle Square Retail Park in Forbach, in the north of the island is given. This is the General Construction Company (GCC) which won the construction contract following a tender exercise, the completion of earthworks in July. 

This commercial development located in the north of the island at the entrance of Grand-Baie, the Indian Ocean Real Estate Company (IOREC), has already attracted 70% of its future occupants of commercial space. 

Barry Wessels, Development Director at IOREC, argues that this new concept in Mauritius Retail Park will bring six different worlds of experience. 

He speaks from experience HomeScene which is devoted to interior decoration, furniture and beautification of the house. An address that says "complementary" to the Space Station House, located next door. 

Second, MotorCity will address several inter-brand dealers under one roof. It will house showrooms and garages for cars, motorcycles and boats, as well as accessories. 

Place also a LeisureZone, which will include a course for playing golf and a clubhouse. The first phase of Circle Square Retail Park which is composed of HomeScene, the MotorCity and RetailPlace will run in late August 2012.The first phase at a cost of Rs 600 million. 

Subsequently, the Arena and Wellness Food Emporium will be added to the complex. Still according to Barry Wessels, rental space is at an advanced stage and all the major traders in Mauritius have already expressed interest in being part of this new shopping experience. 

IOREC was born of a joint venture between Actis and GML and has a portfolio of real estate investment interest that began with the Riverside shopping center project, completed at a cost of Rs 400 million to Riviere du Rempart.IOREC working on Les Hauts Champs, a residential area of ??Piton Rs 500 million. which will be delivered turn-key, as well as two hotel projects in Poste Lafayette and Haute Rive.