Casablanca Finance City 2024 Expansion: Yields and Impact
An analysis of CFC's physical expansion into Anfa and its immediate impact on Grade A office yields.
Casablanca Finance City is expanding its footprint by 150,000 sqm across the new Anfa districts. This Phase 2 delivery is expected to put downward pressure on Grade A rental yields, currently sitting around 6.5%. However, strong multinational demand for green-certified buildings might absorb the shock.
Key Figures & Data
| Metric | Value |
|---|---|
| YoY Prime Rent Growth | +2.1% |
| Est. Absorption Rate | 85% |
Frequently Asked Question
Will existing CFC companies relocate?
Early data suggests 30% of current tenants in older CFC towers are considering upgrading to the new eco-certified developments in Phase 2.