• Fund targets office, logistics, industrial, mixed-use projects in urban hubs

• First investment: office development site in Casablanca’s Casa-Anfa district

Mediterrania Capital Partners, a private equity fund manager, announced on Wednesday the first close of its second real estate fund focused on Morocco. The fund, MCP RE II FPCC RFA, has secured commitments totaling 380 million dirhams (about $40.5 million).

“This new fundraising allows us to continue investing in high-potential tertiary and industrial development projects in Morocco,” said Othmane Tagmouti, head of real estate at Mediterrania Capital Partners Gestion.

The fund aims to finance commercial and industrial real estate projects across Morocco. With a 10-year investment horizon, it will focus on land located in expanding urban areas or near key economic hubs. Planned investments include office buildings, logistics platforms for distribution, industrial facilities and mixed-use real estate developments.

Casablanca hosts first investment

The fund has already committed to its first transaction with the acquisition of a development site in the Casa-Anfa district of Casablanca. The project will involve the construction of office space.

The choice of this area reflects the ongoing urban transformation of Casablanca, Morocco’s main business hub. By launching its first project in the district, the fund is positioning itself in a market where demand for office and commercial space continues to grow alongside the expansion of financial, industrial and service activities.

Mediterrania Capital Partners has been present in Morocco since 2013 and has completed several investments across different sectors of the economy. Companies it has backed include Akdital Holding in hospital services, Cash Plus in financial services, Dislog Industries in distribution and industry, TGCC in construction, and Université Privée de Marrakech in higher education.

Chamberline Moko