Antananarivo, Madagascar, August 18, 2025 – Madagascar Invest, an investment consultancy facilitating foreign ventures in Madagascar, and Nobilis Group, a real estate developer specializing in luxury projects, have entered into a strategic partnership to accelerate real estate development in the greater Tamatave region of Madagascar. The collaboration was formalized with a Memorandum of Understanding (MOU) signed by Madagascar Invest CEO Thomas Ottosen Jr. and Nobilis Group CEO Marcin Ługowski, following a high-level meeting and joint site visit to one of Nobilis Group’s flagship projects. This partnership will combine Madagascar Invest’s international investment network and local market expertise with Nobilis Group’s development experience to unlock new opportunities in Tamatave (Toamasina), Madagascar’s coastal economic hub.
Partnership Aims to Boost Tamatave’s Development
Tamatave – also known as Toamasina – is Madagascar’s second-largest city and the nation’s only deep-water port, giving it outsized strategic importance in trade and investment. Much of the city’s expansion is centered on New Tamatave, an ambitious development initiative to create a modern beachfront urban district along a six-kilometer stretch of coastline. By partnering together, Madagascar Invest and Nobilis Group are aligning their efforts to meet this demand for quality housing and infrastructure in Tamatave. The collaboration will focus on fast-tracking real estate projects, attracting foreign direct investment, and ensuring developments are sustainable and beneficial to local communities.
Thomas Ottosen Jr., CEO of Madagascar Invest, commented on the significance of the region: “Tamatave is poised to become a new engine of growth for Madagascar. With its thriving port and beautiful coastline, the area offers tremendous potential. By joining forces with Nobilis Group, we can help bring world-class real estate developments to Tamatave and invite international investors to participate in this exciting growth story.”
Visit to New Tamatave’s Lechia Estate Project
During their meeting, Mr. Ottosen and Mr. Ługowski toured the Lechia Estate project in New Tamatave, witnessing firsthand the rapid progress of construction at the site. Lechia Estate is a premier oceanfront residential community spearheaded by Nobilis Group, envisioned as a blend of modern luxury and Madagascar’s natural beauty. The estate spans 3.5 hectares and features an array of upscale amenities that redefine comfort and convenience for residents. Within this gated community, homeowners will enjoy exclusive facilities including a gourmet restaurant, a modern swimming pool, a children’s playground, and even a landscaped beachside park for recreation.
As they inspected the development, the two CEOs noted the high construction standards and sustainable design elements incorporated in Lechia Estate. Nobilis Group’s commitment to using quality materials and smart, eco-friendly designs was evident on site, aligning with the project’s goal of creating “secure, energy-efficient homes in a vibrant community setting”. The New Tamatave project, of which Lechia Estate is a part, aims to establish a “well-planned, innovative, and vibrant residential hub” that will become one of Madagascar’s most sought-after addresses.
Thomas Ottosen Jr. remarked during the site visit: “Walking through Lechia Estate, I was struck by the speed at which this community is coming to life and the attention to detail in every corner. This project exemplifies the type of high-quality, visionary development that Madagascar needs. It’s a shining example of sustainable luxury real estate – exactly what we want to support and help expand through our collaboration.”
Formalizing a Visionary Collaboration
At the conclusion of the visit, Mr. Ottosen and Mr. Ługowski signed the MOU, officially solidifying the partnership between Madagascar Invest and Nobilis Group. Under the agreement, the two companies will work hand-in-hand on current and future real estate projects in the Tamatave region. Madagascar Invest will leverage its extensive experience in guiding international investors and its on-the-ground team in Madagascar to facilitate investment into Nobilis Group’s developments. This includes co-promoting projects like Lechia Estate to global real estate buyers and investors, providing consulting on regulatory and financial aspects, and ensuring a transparent, seamless process for foreign participants – a hallmark of Madagascar Invest’s services. Nobilis Group, for its part, will contribute its robust portfolio of developments and local expertise in construction and project management, continuing to deliver prestigious real estate offerings in Madagascar’s emerging markets.
Both companies envision that their combined strengths will accelerate the growth of New Tamatave and similar projects. By coupling Madagascar Invest’s investment facilitation capabilities with Nobilis Group’s development acumen, the partnership aims to create a pipeline of sustainable real estate ventures attractive to both local and international stakeholders. “This collaboration is about creating synergy,” noted Ottosen. “Madagascar Invest has always been an enabler for impactful projects, and Nobilis Group brings a proven vision for development. Together, we will streamline the path for investors to take part in Madagascar’s transformation and ensure these projects reach their full potential.”
Nobilis Group CEO Marcin Ługowski also welcomed the partnership as a timely step toward realizing the New Tamatave vision. According to company statements, Nobilis’s mission is to “develop New Tamatave and its surroundings into a vibrant and sustainable community that offers more than just residences”. By collaborating with Madagascar Invest, Nobilis expects to strengthen the financial and international outreach aspect of its projects. This means more exposure to overseas markets, a broader pool of buyers for its properties, and increased investor confidence knowing a reputable local partner is involved in due diligence and facilitation.
Outlook and Impact
The Madagascar Invest–Nobilis Group partnership arrives at an opportune moment, as Madagascar’s real estate sector is gaining momentum and attracting attention on the global stage. Tamatave’s combination of economic significance and tropical appeal positions it as a prime destination for real estate investment and tourism development. Projects like New Tamatave are showcasing how previously untapped coastal areas can be transformed into modern neighborhoods with world-class amenities, all while preserving the island’s unique environment and culture. By facilitating capital inflows and sharing expertise, the partnership is expected to contribute positively to the local economy – creating jobs during construction and operation, introducing new technologies and building practices, and ultimately raising the standard of living in the region.
Madagascar Invest and Nobilis Group have indicated that the MOU is just the first step in a long-term alliance. In the coming months, joint teams will be formed to coordinate project planning and investor engagement strategies. International real estate players can anticipate new investment offerings emerging from this collaboration, ranging from residential plots and villas to potentially commercial and mixed-use developments in the New Tamatave area. For the general public and local communities, the partnership promises thoughtful development that integrates community needs – such as improving infrastructure, expanding housing availability, and supporting sustainable growth. Both companies have affirmed their dedication to ethical, socially responsible development practices, ensuring that progress benefits the broader Tamatave community.
Thomas Ottosen Jr. summed up the partnership’s ethos, stating: “Our vision is to build more than just buildings – we want to build communities and futures. By working with Nobilis Group, we’re not only creating investment opportunities, we’re contributing to Madagascar’s development in a tangible way. We are excited for what’s to come and invite everyone – from local stakeholders to international investors – to join us on this journey to shape New Tamatave into a success story for Madagascar.”
About Madagascar Invest
Madagascar Invest is an investment consulting firm based in Antananarivo, Madagascar, dedicated to making investing in Madagascar accessible and profitable for foreign investors. The company provides end-to-end support for international clients, including assistance with property purchases, company formation, residency-by-investment, and market advisory. Founded by Thomas Ottosen Jr. in 2016 with a mission to “help the development of Madagascar through foreign investment”, Madagascar Invest has since facilitated hundreds of successful investments. To date, the firm has served over 1,000 clients and helped establish hundreds of businesses and property transactions in Madagascar. With a multilingual team and deep local expertise, Madagascar Invest serves as a trusted gateway for investors looking to venture into Madagascar’s burgeoning economy.
About Nobilis Group
Nobilis Group is a visionary real estate development company based in Toamasina (Tamatave), Madagascar, specializing in the construction, sale, and purchase of prestigious properties. As the driving force behind the New Tamatave development initiative, Nobilis Group is committed to building sustainable, luxury communities that harmonize with Madagascar’s natural beauty. The company’s flagship projects, such as Lechia Estate in New Tamatave, exemplify its focus on high-quality construction, modern amenities, and eco-friendly design. With an international management team and experience in emerging markets, Nobilis Group strives to “craft the future of New Tamatave” and transform it into a vibrant hub for living, leisure, and investment. Through innovative project development and partnerships like the one with Madagascar Invest, Nobilis Group is expanding the horizons of Madagascar’s real estate sector while contributing to local economic growth and community well-being.
