First close for Mediterrania Capital Partners real estate fund
Investor commitments have reached MAD 380 million (about $40.5 million).
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Mediterrania Capital Partners has announced the first closing of MCP RE II, its second real estate investment fund dedicated to Morocco, with investor commitments reaching MAD 380 million (about $40.5 million).
With a 10-year investment horizon, the fund will focus on tertiary and industrial real estate development projects, targeting high-potential land opportunities for office buildings, logistics platforms, industrial assets and mixed-use developments.
As part of its initial deployment, the fund has already secured its first land asset in the Casa-Anfa district in Casablanca, where a new office-focused tertiary development project is planned.
“The success of this second fund reflects the renewed confidence of our investors, who already supported the launch of our first real estate fund. 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.
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