Immorente Invest SA
CCSEMA:IMO90.95
MAD
-0.30
(-0.33%)
ISIN
MA0000012387
Return %
Stock
S&P 500
1Y
0.03
14.20
3Y
-4.76
81.12
5Y
-7.24
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
FRC
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Khalil Mengad
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Casablanca Morocco
- IPO Date
- May 11, 2018
- Website
- immorente.ma
- Similar Companies
- Business
- Immorente Invest SA is a Morocco-based real estate investment company that specializes in the acquisition, development, and management of income-generating professional real estate. Founded in 2011 and headquartered in Casablanca, Morocco, the company operates as a publicly traded commercial property investment vehicle listed on the Casablanca Stock Exchange under the ticker IMO, with external portfolio and asset management conducted by CFG Capital, a wholly owned subsidiary of CFG Bank. The company engages in the acquisition of completed professional properties; the structuring and execution of built-to-suit industrial and logistics developments; the long-term commercial leasing of enterprise-grade facilities; property asset and facility management; and equity investments in regulated real estate collective investment undertakings (OPCIs). Immorente Invest SA segments its investment portfolio across three primary categories: industrial and logistics real estate, encompassing specialized manufacturing plants, assembly factories, and logistics platforms; commercial office real estate, including prime corporate headquarters, business centers, and multi-tenant office complexes; and healthcare real estate, featuring dedicated private hospital and clinic infrastructure. The company operates across Morocco's key economic corridors and free zones, including Casablanca, Tangier, Kenitra, and Meknes, serving multinational corporations and prominent domestic enterprises such as Huawei, Aptiv, Forvia (Faurecia), SFC Solutions, and Engie. In recent developments, Immorente Invest SA has actively expanded and rebalanced its asset base through strategic investments and selective asset rotation, including delivering a MAD 130 million factory extension for automotive supplier Faurecia in Kenitra's Atlantic Free Zone; deploying MAD 150 million into healthcare infrastructure via the OPCI Syhati Immo vehicle in partnership with private healthcare operator Akdital; completing the MAD 110 million acquisition of a 12,000-square-meter manufacturing facility leased to SFC Solutions Morocco in Tanger Automotive City; divesting a mature office asset in Bouskoura for MAD 62.4 million; and maintaining active short-term debt issuance programs through commercial paper (billets de trésorerie) registered with the Moroccan Capital Market Authority (AMMC) to support continuous liquidity management and portfolio growth.