Jll Casablanca (Morocco) City Report – March 2015

Jll Casablanca (Morocco) City Report – March 2015

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Summary

Offices-1.3 million m2 total stock 272 US$/m2/pa average prime rent Retail-620,000 m2 total stock 60-80 US$/m2/pa average prime rent Hotels-10 international-grade hotel 100 US$ average room rates. Casablanca is experiencing a notable increase in development activity; in particular, a number of new office buildings were delivered at La Marina in 2014.Although development activity is ongoing and will raise stock levels, corporate occupiers currently seeking high-quality office space still have limited relocation options (La Marina,Anfa Place, the CBD). The lack of modern officespace is expected to drive rental growth over 2015 There are also significant development plans at Casa Anfa, a mixed-use project which will host the new Casablanca Finance City (CFC).

Source: JLL Nigeria

Published: 2015

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