05/10/2026
FY2025/26 marked a transformational year for Evolis Properties, representing a significant step-change in the scale, performance and maturity of the business.
Over the course of the year, Evolis expanded its Gross Lettable Area by 82% to 140,000 m², while Total Portfolio Value increased by 50% to MUR 3.6Bn. This expansion was accompanied by strong growth in revenue and profitability, demonstrating our ability to scale the portfolio while maintaining robust operating performance.
FY2025/26 Key Highlights
• Total Portfolio Value: MUR 3.6Bn | +50%
• Gross Lettable Area: 140,000 m² | +82%
• Revenue: MUR 264M | +23%
• EBITDA: MUR 147M | +30%
• EBITDA Margin: 56%, up from 53%
• Profit After Tax: MUR 138M
• Portfolio Occupancy: Above 98%
“FY26 was a landmark year for Evolis, not only in terms of growth, but also in the continued strengthening of the business.
As our portfolio has expanded, we have continued to enhance the way we operate and serve our tenants, while advancing our digitalisation and sustainability ambitions, including the adoption of internationally recognised standards across our assets.
Evolis is now entering a new phase of its development. Our focus is on maximising the potential of our expanded portfolio, continuously improving asset performance and tenant experience, and pursuing disciplined growth opportunities that create sustainable, long-term value.” — Olivier Laure, General Manager, Evolis Properties
These achievements reflect the commitment of our teams and the continued confidence of our tenants, partners and shareholders. We thank them for their contribution to what has been an exceptional year in Evolis’ development.