Property still a stable investment, followed by luxury goods, holidays, cars, collectables
The total wealth held in Africa rose by a modest 14% over the past 10 years (2008-2018) with three of the largest economies on the continent, South Africa, Egypt and Nigeria performing poorly on most economic indicators according to the AfrAsia Africa Wealth Report 2019, released today by Mauritius based AfrAsia Bank.
Casablanca’s stable real estate market attracts further investment says JLL
Market remains active with new projects announced in 2018 across the hospitality, retail and industrial sectors.
Casablanca’s commercial market shows signs of recovery, says JLL
According to the report, a few commercial buildings were completed in the first half of 2018, increasing the total office supply to about 1.74 million sq m of Gross Leasable Area (GLA).
Currency floatation to boost Morocco’s real estate market, says JLL
New report overviews increased competitiveness of economy, FDI and REITS contribution to boosting real estate growth.
Hilton Garden Inn Casablanca Sidi Maarouf to begin construction in 2018
Hilton (NYSE: HLT) has signed a management agreement with Group Sadiki to open its first hotel in Casablanca.
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