Mediterrania Capital Partners announced on Wednesday the first close of its second Morocco-focused real estate fund, securing commitments totaling 380 million dirhams (about US$40.5 million). The fund, MCP RE II FPCC RFA, aims to invest in commercial and industrial real estate projects across Morocco over a 10-year investment horizon, targeting urban land in growing cities and near key economic hubs.
“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. He added that the fund would focus on office buildings, logistics platforms, industrial facilities, and mixed-use developments, positioning itself to meet the rising demand for modern commercial and industrial properties.
The fund has already committed to its first investment with the acquisition of a development site in the Casa-Anfa district of Casablanca. The project will involve the construction of office space, reflecting the ongoing urban transformation of the city’s main business hub. Casablanca’s expanding financial, industrial, and service sectors have created strong demand for commercial real estate, making Casa-Anfa a strategic choice for the fund’s inaugural project.
Mediterrania Capital Partners has been present in Morocco since 2013 and has completed several investments across multiple sectors of the economy. Portfolio companies 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. The firm’s experience in diverse sectors provides a solid foundation for the fund’s strategy in targeting high-potential real estate opportunities in Morocco’s urban and industrial hubs.
The MCP RE II FPCC RFA fund is designed to address the increasing demand for modern office, logistics, and mixed-use developments in Morocco. Urbanization, population growth, and economic expansion in major cities such as Casablanca, Rabat, and Tangier have created significant opportunities for investors in commercial and industrial properties. The fund’s focus on strategic locations near key economic centers allows it to leverage these trends and capture value in areas with high growth potential.
Market analysts say Morocco’s real estate sector continues to attract private equity interest due to the country’s stable macroeconomic fundamentals, strategic location, and growing industrial and services sectors. With the MCP RE II FPCC RFA fund, Mediterrania Capital Partners aims to capitalize on these dynamics, delivering long-term returns for investors while supporting Morocco’s urban and industrial development.
The fund’s investment strategy combines both risk management and growth potential. By targeting projects in prime locations, the fund seeks to mitigate the challenges posed by market fluctuations while benefiting from the rising demand for high-quality office, logistics, and industrial spaces. In addition, mixed-use developments are expected to provide diversified income streams and enhance the resilience of the portfolio.
The first investment in Casablanca’s Casa-Anfa district highlights the fund’s commitment to strategic urban locations. Casa-Anfa, a rapidly transforming district, offers access to key transport links, business facilities, and residential neighborhoods, making it attractive for office and mixed-use developments. The project will contribute to the modernization of Casablanca’s commercial infrastructure while meeting the growing needs of the city’s business and industrial sectors.
Mediterrania Capital Partners’ ongoing presence in Morocco since 2013 and its track record across multiple sectors underscores its ability to execute complex real estate projects successfully. The launch of MCP RE II FPCC RFA demonstrates the firm’s commitment to supporting Morocco’s urban and economic growth while providing investors with exposure to high-quality real estate assets in one of North Africa’s most dynamic markets.
With the first close completed and the initial project underway, Mediterrania Capital Partners is poised to advance its pipeline of commercial, industrial, and mixed-use projects across Morocco. The fund reflects confidence in the country’s economic fundamentals and the continued attractiveness of its real estate sector for private equity investment.
By combining strategic investments, sector expertise, and a focus on high-demand urban areas, MCP RE II FPCC RFA aims to deliver sustainable growth and long-term value for investors while contributing to Morocco’s broader urban and industrial development goals.