CSR
Lavastone Properties' Corporate Social Responsibility (CSR) activities are channelled through the CIM Social Development Trust (CDST), which was created in 2013.
CDST focuses on the following 6 main areas:
Financial Literacy and Education
Investing in programmes to prepare children, teenagers and adults for economic self-reliance
Environment Sustainability
Investing in the protection and rehabilitation of environment
Social engagement
Making a positive impact in the communities we serve
December 2012
Creation of Cim Property.
December 2015
Acquisition of 50% of Edith Cavell Properties from Rogers.
February 2016
Sales to the government of 917.37m2 of bare land at Pailles (under compulsory acquisition).
December 2016
Acquisition of La Chaussée Building (ex Happy World House).
March 2017
Acquisition of 14,248m2 of Pas Géométriques lease at Belle Mare.
December 2017
Acquisition of strategic properties in Port Louis currently operated as parking sites in St Georges street and corner of Mere barthelemy.
Acquisition of 100 arpents at Choisy Estate by South West Safari Group. Amalgamation of SWSG and CSBO2 with SWSG being the surviving entity.
June 2018
Sale of 52.9 hectares of 'Eden' Property at Chamarel by South West Safari Group.
Start of construction for 246 Edith Cavell Court.
August 2018
Sale to the government of remaining 5,535.82m2 of bare land at Pailles (under compulsory acquisition).
December 2018
Rebranding to Lavastone Properties.
Listing on DEM.
Acquisition of Mourouk Ebony Hotel.
