Grit Assets - Morocco

Country overview

33.0

Population (million)

110

GDP (USDbn, 2015)

1.8%

Real GDP growth rate (2016 ave target)

2 908

GDP / Capita (USD, 2015)

1.46%

CPI (2016 ave target)

Ba1

Moody’s credit rating

Morocco
property portfolio.

Property details

Anfa Place

Location: Casablanca, Morocco
Anchor Tenant: Carrefour, H & M, LC Waikiki and Virgin Megastore
Sector: Retail
Land Title: Leasehold
GLA: 31 933 m²
Parking Bays: 185
Vacancy: 12.4%*
Valuation (as at June 2018): US$92.8 million
Transfer Date: July 2014

*Strategic vacancy due to refurbishment

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