Anfa Place Shopping Center has been acquired by Grit Real Estate Income Group
Inveravante has sold Anfa Place Shopping Center to Grit Real Estate Income Group.
Anfa Place Shopping Center is part of the Anfa Place Living Resort, a multi-module concept designed by Foster & Partners on 9.8 hectares of land on the seafront of Casablanca’s most prestigious district. The shopping center is composed of 31,000 sqm of shops, restaurants and leisure activities.
Grit is a real estate income group that generates superior Euro and US Dollar yields for investors by investing in a diversified real estate portfolio across the African continent and the Indian Ocean Islands (excluding South Africa), anchored by blue-chip, international tenants. Grit is listed in London, Johannesburg and Mauritius.
Founded in A Coruña, Spain, in 2007, Inveravante is a private, family-owned corporation with a strong international vocation. Inveravante’s corporate philosophy is rooted in a strategic vision of the global economy. Its main business divisions are real estate, hotels, energy, and fine food and agricultural products. Inveravante is present in Spain, Morocco, Mexico, Brazil, Panama and Romania and its activity generates more than 800 direct jobs.
Oaklins’ team in Morocco advised the seller in this transaction.
Talk to the deal team
Hicham Chebihi Hassani
Oaklins Morocco
Related deals
Bolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Learn moreiwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreLe Cercle has successfully completed its primary LBO in partnership with FrenchFood Capital and Bpifrance
Le Cercle, a pioneer in reusable meal trays and a leading catering company in the Île-de-France region, is entering a new phase of development with an investment from FrenchFood Capital and the support of Bpifrance. This transaction also marks the appointment of Nathalie Grand-Morin, currently managing director, as the new CEO of the company.
Learn more