Investing in logistics land in Morocco: where to look, which incentives, which limits

Land and warehouse transactions are mostly private, between an owner, a developer and a buyer. To our knowledge there is no public register of logistics land prices, and we found no public consultancy study on grade A warehouse stock (the most recent and best equipped), yields or land prices by hub. Estimates of market size found online diverge widely from one source to another: we do not repeat them.

The only rent benchmark we can cite comes from listing portals. It must be read for what it is: asking prices in listings, not concluded rents. In October 2026, listings in Greater Casablanca (Bouskoura, Mediouna, Sidi Maarouf, Ain Sebaa, Lissasfa) show about MAD 35 to 66 per m² per month. The gap between an asking price and a signed rent depends on the property, the lease term and the negotiation. We publish no yield and no land price, for lack of a source.

On the demand side, the often-cited sectors (e-commerce, automotive, aerospace, large retail) do not come with verifiable floor-space needs in the sources we read. Anyone giving you a vacancy rate or a "market" yield should be able to name their sample.

The right location depends first on the goods and their route. The grid below is a reasoning tool, not a site recommendation: it links each flow to what public sources establish.

Areas and statuses of zones: see the table in the article on the State's strategy. Traffic data: Tanger Med port authority communiqué, relayed by Hespress on 02/02/2026.

Two criteria come back for any flow: distance to the customer or port, measured in real travel time, and the status of the land. The second is the one listings mention least.

The existing entry points, from the most public to the riskiest.

• AMDL is the public developer of its zones. Laqliaa is sold; Oulad Saleh, Ras El Ma, Zenata and Nouaceur are under construction, launching or planned (MAP communiqué of 22/01/2026).
• Industrial acceleration zone developers. At Tanger Med, TMSA and Tanger Med Zones offer plots and buildings; MEDZ (a CDG subsidiary) develops the Atlantic Free Zone in Kenitra, among others. Prices are not published: ask the developer.
• The Ministry of Industry and Trade industrial land platform (zonesindustrielles.ma), launched in Rabat on 16/05/2022, lets you search by area, location, price and facilities, and contact the developer. We could not open it on 30/10/2026 from our tools: check it directly.
• The Regional Investment Centre (CRI). It processes and supports projects; it does not sell land. The regional unified investment commissions (CRUI) come under Law 47-18 of 2019, reformed by Law 22-24.
• Private land. The most open route, and the one that demands the most checks (see below).

Private land: five checks before any promise

• The zoning of the development plan: is the land in an activity zone, or is a logistics use permitted there?
• The planning information note issued by the urban agency, which says what the land can receive.
• Land status: registered title or unregistered land, charges and registrations, co-ownership or undivided ownership.
• Access: real service by a road that carries trucks, and trailer turning radius.
• Utilities: electricity, water and sewerage available at the plot boundary, or to be connected.

On agricultural and collective land, caution is needed. Law 62-19 allows public limited companies and partnerships limited by shares to acquire agricultural land outside the urban perimeter, under specifications; the SARL is not included, and the press recalls a historical ban on foreigners. For collective land, we found no clear published rule on long-term leasing for a logistics project. These cases call for legal advice before any payment.

If you then need a reliable measurement of area or boundaries, surveys and boundary marking are carried out by partner land surveyors: we do not carry them out ourselves.

The elements below come from the business press (Hespress, 26/01/2023 and 03/03/2023), as we could not re-read decree 2-23-1 in the Official Bulletin. The Official Bulletin prevails. For detail and cumulation cases, see the article on the Investment Charter and industrial property.

Four points to retain for a logistics project.

• Logistics and transport appear, according to Hespress (26/01/2023), among the priority sectors of the sectoral premium of the main scheme. Le Matin (12/05/2026) says logistics is among the Charter's priority sectors. The list in the order has not been re-read.
• For TPME, Hespress (14/11/2025) writes that logistics is eligible without an additional subsidy (cold storage and logistics units in ports). Le360 (08/11/2025) does not list it among priority activities. The employment requirement also differs between sources: one stable job per million dirhams invested for one, 1.5 for the other. The Official Bulletin text (no. 7454 of 06/11/2025) settles it.
• We found no premium that covers the price of land. A land provision can be negotiated for strategic projects.
• The planning derogations of Law 22-24 are, according to the press, limited to industrial and hotel projects. A pure warehouse therefore cannot assume them: the development plan zoning applies.

Last point, the most fragile: cumulating the benefits of an industrial acceleration zone with Charter premiums. Article 43 of Law 19-94 made zone benefits exclusive of any other; according to the press, draft law 56.23, adopted by both chambers (early May 2024 for the second), repeals it, but we have not verified its publication in the Official Bulletin. Cumulation is therefore not a certainty: check it on your file with the CRI.

There is no general answer, and we promise no yield. Each option shifts a risk.

In an industrial acceleration zone, the authorised company may buy the land needed for its project, or lease it: the developer also leases buildings, hangars and hardstanding. But the regime is attached to the authorised company, not to the land, and resale of a plot calls for checks (the buyer's authorisation, the plot contract's conditions, the tax consequences of article 27). The detail (authorisation, foreign-currency settlement, resale) is in the guide to Morocco's free zones.

For an asset that will be resold, prudence fits in one sentence: the value of a plot does not depend on the tax position of its current holder, but on what the possible buyers would pay. When those buyers are restricted, adapted comparables account for it, not a standard discount.

A firm whose experts are RICS-certified, like ReaConsult, estimates the market value of land or a warehouse, and its rental value, with comparables, assumptions and limits written out. The report is documented and verifiable line by line: it binds no one, and lets you negotiate or decide with an explainable figure.

What an appraisal does not do: it does not find land, does not put you in touch with a seller, promises no yield or capital gain, and replaces neither the notary, the lawyer nor the CRI. It takes into account the status of the plot, the footprint, access, zoning and, in an industrial acceleration zone, the circle of possible buyers, since only an authorised company can operate the plot. Our page on industrial and logistics property appraisal describes the engagement. From MAD 3,500 excl. VAT, quote within 24 hours, report within 5 to 8 working days.