Morocco’s construction sector is seeing a big investment move after Union Finance Corp SA agreed to buy a 40% stake in Anfa Realties Construction SARL. The deal creates a shared control partnership with Anfa Realties SA and Anfa Consortium SARLAU, bringing new funding together with long-time building experience.
The Casablanca-based company develops housing, offices and commercial projects. The partnership comes as demand for modern homes and new infrastructure keeps growing in Morocco’s largest cities.
Move towards bigger investors
The deal shows a wider change in Morocco’s construction market. Many companies are moving away from family-run funding and turning to large investors. With Union Finance Corp joining, the company gets strong financial backing. This lets the other partners focus on building projects while the investor helps fund bigger developments.
The timing of the deal matches strong real estate growth in Casablanca. Major infrastructure projects and upcoming international events are increasing the need for new office space and high-end homes. International companies want modern offices, while a growing middle class is looking for better housing.
The new partnership is also meant to deal with rising building costs. Anfa Realties SA and Anfa Consortium bring building and engineering skills, while Union Finance Corp provides financial support. Together, they aim to protect profits despite higher prices for materials and transport.
The deal also shows growing consolidation in Morocco’s construction sector. Competition is increasing, and developers now need strong engineering, quick access to land and solid financing. This partnership could push other companies to seek similar investment deals to stay competitive.
