Commercial Spaces for Lease in Telfair, Moka Smart City: A New Business Landmark in the Making

Telfair, within Moka Smart City, has rapidly evolved into one of Mauritius’ most strategic business addresses. Its central location, quality infrastructure, and growing concentration of corporates and financial institutions have positioned it as a natural meeting point for decision-makers, investors, and forward-thinking professionals.

Within this environment, the Wallstone Telfair project is set to introduce a new generation of commercial spaces for lease, designed not as a conventional retail centre, but as a curated business ecosystem where commerce, finance, lifestyle, and services coexist.

Scheduled for delivery end 2028 to early 2029, the project is already generating interest from operators seeking long-term positioning rather than short-term exposure.

A Different Approach to Commercial Leasing

Unlike traditional developments where commercial units are leased reactively close to delivery, Wallstone Telfair adopts a strategic, phased engagement approach.

The objective is not early commitment, but early alignment.

As commercial spaces are offered for lease and not for sale, it is understood that most operators will only formalise decisions closer to completion. The current strategy therefore focuses on:

• Identifying suitable operators early

• Aligning concepts with the promoter’s vision

• Structuring a coherent and high-quality tenant mix

• Reducing leasing risk as delivery approaches

This approach ensures that when the project is delivered, it reflects a strong, intentional commercial identity.

Ground Floor Commercial Spaces: An Integrated Business Experience

The ground floor of the Wallstone Telfair project has been conceived as the commercial and experiential gateway of the development.

Rather than maximising unit count, the focus is on:

• Visibility

• Accessibility

• Quality of experience

• Compatibility with the office and corporate environment above

The commercial spaces range from approximately 45 m² to 175 m², accommodating a variety of premium uses including retail, services, food concepts, and lifestyle offerings.

These spaces benefit from daily footfall generated by:

• Office occupants

• Visiting professionals and investors

• Meetings, events, and business activities within the complex

Luxury & Premium Retail

Selected units are suited for:

• Luxury watches, jewellery, and accessories

• Perfumes, spirits, cigars, luggage, and duty-free style concepts

• Premium travel and lifestyle retail

The environment is designed to attract a discerning clientele rather than mass retail footfall.

Targeted Commercial Uses

Finance, Corporate & Professional Services

The project is particularly well-positioned for:

• Private banking and wealth management

• Family offices and investment advisory

• Corporate services, consulting, and premium business support

Ground-floor and lounge-adjacent locations allow financial and professional operators to engage clients in a setting that reflects trust, discretion, and credibility.

Signature SPA & Wellness Operator

A key feature of the project is an exclusive Signature SPA & Wellness space, intended for a single operator.

Designed to serve professionals and executives, the SPA is envisioned as a destination for:

• Grooming and beauty services

• Massage and body therapies

• Executive wellness and recovery

Integrated into a business environment, this offering responds to the growing demand for wellness within high-performance professional settings.

A Professionally Managed Environment

The entire development will operate within a fully managed framework, supported by a dedicated conciergerie. This ensures:

• High standards of maintenance and service

• Professional management of shared areas

• Coordinated events, activations, and pop-ups

• A consistently curated tenant mix

For commercial operators, this translates into long-term brand protection and operational stability.

A Curated Leasing Strategy

Engagement with potential tenants will begin from March 2026, progressing through:

• Targeted outreach to selected operators

• Initial concept presentation

• Follow-up discussions and meetings

• Progressive shortlisting as interest matures

By the end of the year, this process will allow for a clear understanding of:

• Which operators are aligned with the project

• Which spaces best suit each concept

• How the commercial mix will evolve toward delivery

This measured approach respects market realities while safeguarding the project’s positioning.

About GroundWorks Mauritius

GroundWorks Mauritius acts as marketing consultant and exclusive commercial leasing advisor for selected developments. Our role is to structure leasing strategies, align tenant mix with long-term vision, and facilitate informed, strategic discussions between promoters and operators.

For further information or confidential discussions regarding commercial leasing opportunities at Wallstone Telfair, please contact:

Iqbal Eydatoula
Marketing Consultant & Exclusive Commercial Leasing Advisor
Tel: 5 252 19 71
Email: info@groundworksmauritius.com