Logistics Real Estate in Morocco: A Comprehensive Survey Reveals Key Insights and Trends

2023-12-12 18:52:00

The total surface area of logistics real estate at the national level is estimated at more than 20 million square meters (m²), totaling nearly 13,000 logistics units, reveals a survey whose results were published on Tuesday by the Moroccan Logistics Development Agency (AMDL). This surface area is divided into five types of units. storagenamely non-refrigerated warehouses (13.98 million m²), refrigerated warehouses (1.1 million m²), open air storage areas (3.72 million m²), silos (0 .95 million m²), tanks and tanks (0.85 million m²), specifies this survey carried out in partnership with the Moroccan Observatory of Logistics Competitiveness (OMCL).

These areas mainly benefit from good accessibility to basic infrastructure, despite little location near the rail line, reports the same source, adding that 67% of logistics units are located less than 5 km from a motorway. , 60% are located less than 50 km from a port and 25% are located less than 50 km from an airport. And to continue: “75% of these storage areas are operated for own account with a relatively modest average surface area of ​​1,404 m²/unit, compared to only 25% operated on behalf of others with a larger average surface area of ​​2,455 m²/unit. unit”.

The survey also revealed that only 40% of logistics real estate in Morocco is operated in rental mode and that this practice is more widespread among companies offering warehousing services on behalf of others. Concerning the outsourcing of activitiesstoragethe diagnosis noted a low rate of externalization among small and medium enterprises (SMEs), with a rate of 5% of companies using this practice compared to 22% among large companies.

82,000 direct jobs, or on average 4 people/1,000 m² Furthermore, this survey reveals that employment in warehousing activities represents 18% of overall employment in transport and logistics activities in Morocco, with 82,000 jobs direct, i.e. on average 4 people/1,000 m².

In light of the results of this survey and despite its good accessibility to basic infrastructure, the fragmented supply of logistics real estate operated in Morocco, the majority of which is made up ofclass C warehouses (92%), presents a modernization and upgrade challenge.

On the regional level, the AMDL indicates that almost half of the surface area of ​​covered warehouses is concentrated in the region of Casablanca-Settat, which constitutes with the regions of Tangier-Tétouan-Al Hoceïma and Rabat-Salé- Kenitra 74% of the total surface area of ​​warehouses covered nationally. Most regions have a share of storage area exploited for third parties of less than 30%. Only the Tangier-Tétouan-Al Hoceïma region displays a share of around 45% explained by the establishment of multinationals in the region, which have greater recourse to the outsourcing of logistics activities, as well as by the development of parks. of new generation for rental, following in particular the initiatives led by the Port of Tanger Med.

Note that the upcoming work of the Agency and the Observatory will particularly deal with new trends, linked to a double rupture. The first concerns mobility requirements – traffic within cities is such that it is urgent to find methods of separation between the transport of citizens, on the one hand, and that of goods, on the other. The second disruption concerns e-commerce, with the challenge of a structuring modification of flows, from “retail” to the customer.

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