Source: JLL |

Casablanca’s stable real estate market attracts further investment says JLL

Market remains active with new projects announced in 2018 across the hospitality, retail and industrial sectors

Performance across Casablanca’s real estate market remained relatively stable throughout 2018 with the announcement of new projects also enhancing investor sentiment across all sectors, outlines JLL’s (www.JLL.com) 2018 Year in Review report.  Oxford Economics predicts Morocco’s real GDP will increase by 3.3% in 2019, owing to the expansion of the…

Source: JLL |

Casablanca’s commercial market shows signs of recovery, says JLL

According to the report, a few commercial buildings were completed in the first half of 2018, increasing the total office supply to about 1.74 million sq m of Gross Leasable Area (GLA)

Casablanca’s commercial sector showed signs of improvement in the first half of the year in 2018, reveals JLL’s (ir.JLL.com) latest Casablanca H1 Real Estate Overview Report. The positive sentiment in the market was strengthened by the successful capital raising by Immorente Invest (the first and unique investment company established in…

JLL
Source: JLL |

Currency floatation to boost Morocco’s real estate market, says JLL

New report overviews increased competitiveness of economy, FDI and REITS contribution to boosting real estate growth

Earlier this year, the Moroccan Central Bank (Bank Al-Maghrib) introduced the gradual floatation of the Moroccan Dirham, providing more flexibility to real estate investors  and paving the way for a more buoyant real estate market in the year ahead. According to JLL’s (www.JLL.com) Morocco 2018 report, the bank widened the…

JLL
Source: JLL |

Cautious Optimism for Investors in Sub-Saharan Africa Hotel Sector

Investor sentiment for hotels in Sub-Saharan Africa remains positive despite economic headwinds in key markets, according to the latest JLL research into the sector

Investor sentiment for hotels in Sub-Saharan Africa remains positive despite economic headwinds in key markets, according to the latest JLL research (http://APO.af/4zhrDO) into the sector. The long-term outlook continues to be strong and is driven by positive economic, demographic and tourism trends, with all indicators pointing to continued hotel demand growth…