Casablanca, Morocco
A Sir Norman Foster design, AnfaPlace Mall has been trading since 2013 and forms part of a mixed-use complex on the Atlantic coast to the west of Casablanca, close to the city’s affluent residential district of Anfa.
The design takes advantage of the site’s magnificent natural setting – the 90 000 m² scheme extends the city to the shoreline by creating an elegant new waterfront community, with places to live, offices, shops, cafés, leisure facilities and a four seasons five-star hotel.
AnfaPlace Mall comprises two storeys of retail space, and offers two levels of basement parking, comprising of 584 dedicated parking bays in level -1 for the Shopping Centre only, and 564 parking bays in level -2, shared with the rest of the complex.
Anchor tenants include Label Vie (Carrefour & Virgin Mega Store), Alshaya (H&M, American Eagle, Payless Shoes and Starbucks), Alhokair (New Yorker, Terranova, Clarks, US Polo and Monsoon/Accessorize), Marks & Spencer, LC Waikiki, Marwa and Orchestra and Go Sport. The Food Court is anchored by McDonalds, KFC and Burger King.
Acquired on 25 July 2014, an extensive study to reposition the shopping centre as a family and lifestyle destination for a wider range of shoppers and families was conducted in 2016.
Refurbishments, tenant optimization and the introduction of a remodeled food court and catering options commenced mid-2017.
In August 2019, we launched the newly revamped mall with the goal of providing an unparalleled shopping experience in the heart of Casablanca.
Property Details
AnfaPlace Mall
Retail Sector
100% Ownership
| Location: | Casablanca, Morocco |
| Anchor Tenant: | Carrefour, Al Shaya Morocco, International Retail Morocco, Alpha 55, Virgin, Marks & Spencer, LC Waikiki |
| Acquisition Price: | US$114.7 million |
| Valuation1 (as at Dec 2019): | US$109.2 million |
| Acquisition Date: | Wednesday, 23 July 2014 |
| WALE – GLA: | 3.71 |
| WALE – Income: | 4.59 |
| Land Title: | Freehold |
| GLA1: | 33 280 m² |
| EPRA Vacancy: | 11.7% |
| Parking Bays: | 1 148 |
| EPRA NIY: | 3.5% |
1 Value presented proportional to ownership interest held, 100% GLA reported
