FINANCIAL MARKET HEADLINES
| MOROCCO | ATTIJARIWAFA BANK | NIGS up 19% in H1 2023
| MOROCCO | BCP | NIGS up 30% in H1 2023
| MOROCCO | CMT | NIGS up 22% in H1 2023
| MOROCCO | LABEL VIE | NIGS up 1% in H1 2023
| MOROCCO | IMMORENTE | Finalization of the acquisition of a factory located in Tangier for nearly MAD 110 Mn
In a press release, Immorente Invest announces the acquisition of a factory owned and operated by SFC Solutions Morocco, an automotive supplier among the world leaders. The asset with an area of 12,000 m2 on a land of 2 Ha, is located in the industrial acceleration zone of Tangier Automotive City. Following this acquisition, SFC Solutions Morocco will occupy the real estate asset as a tenant for a firm period of nearly 10 years.
This investment, made on September 26th 2023, is added to the existing real estate portfolio to reach a total assets of MAD 920 Mn. Following this operation, the share of industrial assets reached 49%, the share of offices stood at 46% while the remaining 6% corresponds to businesses at the bottom of buildings.
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