Casablanca Stock Exchange, Real estate

Immorente Invest

Listed property investment vehicle that leases offices, industrial premises and clinics.

At a glance

Immorente Invest buys buildings and leases them: industrial premises, offices, healthcare facilities and shops. It pays out much of its income to shareholders as quarterly dividends.

History

Immorente Invest was founded in 2011 to buy and lease commercial property. Its historical shareholders include CFG Bank, Mutandis Automobile and AXA Assurance Maroc. Its listing in May 2018 was the first in Casablanca in almost two years.

Latest published results

In the first half of 2026, property income rose 9% to MAD 43.1 million and consolidated net income 6% to MAD 22.9 million. The portfolio is valued at MAD 1.25 billion with 98% occupancy. The company confirms 5% to 10% revenue growth in 2026.

What to watch

New investments, none of which were made in the first half, and net asset value per share, at MAD 102.4 at end-June.

Key dates

  1. 2011

    Company founded.

  2. 2018

    First listing, scheduled for 11 May: the first Casablanca IPO since June 2016.

  3. 2025

    Skylab factory delivered in the fourth quarter.

  4. 2026

    98% occupancy at end-June.

Sources: Boursenews, Immorente Invest : résultats du premier semestre 2026, September 27, 2026; African Markets, fiche société Immorente Invest, October 29, 2026; Finances News, avec Immorente Invest, la Bourse de Casablanca tient sa première IPO depuis juin 2016, April 6, 2018.

Profile updated on October 29, 2026.

General information only. Nothing on this site constitutes investment advice or a recommendation to buy or sell.