[MAYOTTE] Real Estate: CBo Territoria breaks ground on €12M project in Combani — offices and retail park for 2027

CBo Territoria broke ground on €12M in Combani, Mayotte (Sept 23, 2026): office hub Marashi (Allianz, BRED, CA, Groupama) and retail park Mulima (60% pre-let). Deliveries expected Q2–Q3 2027.

Mayotte — Business.OI
Photo : Tom Fisk / Pexels

On September 23, 2026, CBo Territoria — a property company listed on Euronext Growth — broke ground on two new commercial projects in Combani, in the centre-west of Mayotte, representing a total investment of €12 million. The move sends a strong signal for the island's economic recovery following Cyclone Chido in December 2024.

The first project, named Marashi, is an office and services hub with a pedestrian gallery. Several major tenants have already signed: Allianz, BRED, Crédit Agricole, Groupama and Mayotte Topo. Delivery is expected in the second quarter of 2027. The building meets seismic and cyclone-resistant standards — resilience tested when Chido struck in December 2024.

Mulima: a 1,500 m² retail park

The second project, Mulima, is a retail park of approximately 1,500 m², divisible from 314 m² units. Even before construction has begun, 60% of the space has already been pre-let — a solid indicator of local market confidence. Delivery is planned for the third quarter of 2027.

CBo Territoria: Combani's long-standing developer

This is not CBo Territoria's first project in Combani. Since 2021, the company has developed a logistics warehouse, the Ylang Ylang commercial centre (2023), and an office building (2024), now leased to France Travail. These successive projects have helped structure the commercial fabric of the island's centre-west.

As at June 30, 2026, CBo Territoria's economic property portfolio stood at €393 million, reflecting its solid footprint in France's overseas territories, with Mayotte as a key market.

Why it matters

After the devastating impact of Cyclone Chido, Mayotte is rebuilding its economy piece by piece. CBo Territoria's investment in Combani — built to withstand the island's natural hazards — embodies a resilient approach to territorial development. With Mulima 60% pre-let before construction has even started, local economic demand remains robust despite the territory's structural fragility. For investors watching Mayotte, it is an encouraging signal.

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