Over time, as a cross-serviced organisation, Harel Mallac has diversified its portfolio of assets, investing in key sectors of the Mauritian economy such as construction, hospitality, renewable energy, engineering, property.
Harel Mallac & Co Ltd has a long history as a minority investor in a wide range of industries across the Mauritian economic landscape. It aims to participate and hold investments in promising ventures, primarily located in Mauritius, and add value through its experience and network in the business community, so as to optimise shareholder returns. Far from being just an equity holder, Harel Mallac representatives play an active role as board members.
Harel Mallac & Co Ltd holds investments in hospitality, printing, engineering, renewable energy, commodities and construction amongst others, with periodic reviews and disposals of mature investments. Its defining characteristic is its focus on being a co-venturer for the long-term development of the investee entities to ensure that all stakeholders (local community, employees as well as shareholders) benefit.
Harel Mallac is a longstanding landlord and owner in the commercial property market in Port-Louis and surroundings. It aims at acquiring and holding investments in real estate (offices, warehouses as well as vacant land), primarily located in Mauritius, and actively manages its portfolio of properties through regular acquisitions and disposals so as to optimise shareholder returns.
Its Property Operations focuses on office development and management, and provides such services as tenant vetting, contract negotiation, rent collection, book-keeping, repairs, cleaning and security amongst others. Harel Mallac endeavours to build trusting relationships to ensure that the local community, landlord and tenants profit over the long-term.
Given the extent of the Harel Mallac group activities, Harel Mallac & Co also engages in treasury management activities to optimize the group companies’ liquidity and returns by making profitable use of any excess cash and reducing financial risks through hedging strategies.