New Investment Opportunities in Morocco's Real Estate Sector
Mediterrania Capital Partners Gestion has recently announced the successful first closing of its second real estate fund in Morocco, known as MCP RE II FPCC RFA, which has attracted commitments from investors totaling an impressive 380 million dirhams. This new investment vehicle continues the legacy of the company’s first real estate fund, MCP RE FPCC, and signifies a major milestone in the expansion of Mediterrania Capital Partners Gestion's real estate investment platform.
With a lifespan of ten years, this fund aims to finance real estate development projects with a focus on tertiary and industrial sectors. The investment strategy is particularly geared towards identifying high-potential land opportunities suitable for developing office spaces, logistics platforms, industrial assets, or mixed-use real estate programs. This strategic approach not only enhances the potential for substantial returns but also plays a pivotal role in boosting the local economy through real estate development.
As part of its deployment strategy, the fund has already secured a prime land parcel in the Casa-Anfa district, which is earmarked for the development of a primarily office-oriented tertiary project. Through this new fund, Mediterrania Capital Partners Gestion is committed to continuing its strategy of identifying attractive land opportunities and structuring value-creating real estate projects while actively supporting their development.
Othmane Tagmouti, the director of the company’s real estate division, emphasized that the success of this second fund reflects a renewed trust from their investors, who had previously supported the launch of their first real estate fund. He stated, “This new fundraising allows us to continue our investment strategy in high-potential tertiary and industrial development projects in Morocco.”
As reported by ledesk.ma.
