IOREC was first established, stemming from a partnership between Groupe Mon Loisir and the British private equity firm, Actis. It aims at investing in property development and become the leader in this sector in Mauritius and in the region. Its vision as far as regional property development is concerned revolves around innovative concepts such as: i. Environment-conscious [LEED and HQE norms] ii. Sustainable development for Mauritius via the ‘Maurice Ile Durable’ concept iii. Architectural innovation iv. Diversified projects [Commercial, industrial, domestic] v. The integration of social and human aspect alongside economic imperatives