Morocco’s pension fund targets real estate investments to increase returns
In addition to the traditional sector of equities and bonds, new regulatory provisions broaden the segments in which the institution that manages the pension funds of Morocco’s civil servants can invest. A first transaction of €431m ($480m) has already been closed.
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▪ Morocco’s pension fund targets real estate investments to increase returns
▪ In addition to the traditional sector of equities and bonds, new regulatory provisions broaden the segments in which the institution that manages the pension funds of Morocco’s civil servants can invest. A first transaction of €431m ($480m) has already been closed.
▪ https://www.africabusinessplus.com/en/802315/la-caisse-marocaine-des-retraites-cible-limmobilier-pour-augmenter-ses-rendements/
The decision to widen the scope of action for the country’s real estate investment undertakings (Organismes de Placement Collectif en Immobilier – OPCI ) and collective investment undertakings (Organismes de Placement Collectif en Capital – OPCC ) was taken last month by the supervisory authorities in order to improve the prospects of sustainability for the Moroccan Pension Fund (Caisse marocaine des retraites – CMR). Indeed, the growing mismatch between the number of claimants and contributors induced by the distribution system could result in the cessation of payments as early as 2027.
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