Real Estate

January 11, 2023

Demand for Commercial Real Estate in Morocco Continues to Slide in 2022

Rabat - Between February and November 2022, demand for commercial real estate dropped sharply in Morocco, echoing the worldwide economic downturn.

Since the start of the Ukraine war, demand for rent for commercial"...

December 27, 2022

Traders Seek Urgent FG Intervention on Road Infrastructure

The Association of Progressive Traders (APT) of Nigeria, has called on the federal government to urgently intervene on the state of the road infrastructure around the trade fair complex and gridlock caused by trucks and articulated vehicles parked along Badagry expressway.

This,"...

December 14, 2022

14th African Infrastructure Forum Kicks Off in Rabat

Rabat - The African Infrastructure Forum kicked off, Monday in Rabat, with the participation of many personalities and decision-makers from about thirty countries, with the Democratic Republic of Congo (DRC) as guest of honor of this 14th edition.

In"...

October 25, 2022

Morocco to Directly Subsidize Housing for Disadvantaged Families

Rabat - Morocco is set to provide direct financial aid for disadvantaged families for housing purposes. While presenting the highlights of the 2023 state budget, Morocco’s Economy and Finance Minister Nadia Fettah Alaoui announced that the country is adopting a new approach to supporting disadvantaged families to enter the housing market. The minister explained that this new approach would replace a previous one based on offering real estate developers free land and tax reliefs, making it difficult to assess the social and economic......

October 6, 2022

SELECT GROUP LAUNCHES THE FINAL DEVELOPMENT OF ITS WATERFRONT MASTER COMMUNITY, PENINSULA

The two striking residential towers, premium waterfront lofts and a commercial building that comprise Peninsula Four, The Plaza, are the final pieces of the iconic Peninsula master community developed by Select Group. With all previous developments within the project successfully sold out,"...

September 6, 2022

Morocco, 5th Most Expensive African Country to Rent One-Bedroom Apartment

Rabat - Morocco has ranked as the fifth most expensive African country to rent a one-bedroom apartment, Business Insider Africa reported on Sunday.

Basing its ranking on data obtained from Numbeo, a website that"...

August 22, 2022

Morocco’s Real Estate Market Needs to Reach Underserved Populations

Rabat - Morocco’s real estate market is stagnating and needs a new line of product offerings aimed at the country’s non-served or underserved populations, the latest figures indicate.

Earlier"...

June 27, 2022

Holcim Morocco Inaugurates Cement Plant in Agadir

Rabat - Holcim, a Swiss-based construction material company, announced earlier this week the opening of its first cement production plant in Agadir in southern Morocco.

Built in 2021, the plant has an annual production"...

June 27, 2022

Interest Rates for Housing Loans in Morocco At All Times Low in May

Rabat - Interest rates on housing loans were last month at an all-time low of an average of 4.10% before taxes, according to a new report from an online loan simulator.

The drop in interest rates on housing loans"...

June 18, 2022

Spanish Real Estate Company Sues Morocco for €400 Million

Rabat - Spanish real estate company Marina d’Or has filed a request for arbitration with the International Center for Settlement of Investment Disputes (ICSID) against Morocco, claiming more than €400 million in compensation.

The"...