The Hay Riad Office Crunch
Why Class A vacancy rates have dropped below 4% and where the market is moving.
The Current Squeeze
Avenue Annakhil and the surrounding Mahaj Riad district constitute Rabat's premier Central Business District. Demand from ministries, international agencies, and multinational HQs has vastly outstripped supply.
| Building Grade | Rent Range (MAD/sqm HT) | Vacancy Rate |
|---|---|---|
| Class A (Premium, Modern) | 190 - 230 | < 4% |
| Class B (Older, Refurbished) | 150 - 180 | ~ 8% |
Where is the Overflow Going?
Unable to find large contiguous floor plates in Hay Riad, companies are looking at alternative nodes:
- Technopolis: Ideal for tech and back-office, but lacks the prestige for client-facing HQs (see Technopolis occupancy).
- Les Oudayas (Prestigia): Emerging as a mixed-use alternative with newer stock.
Next Steps
Run lease versus buy scenarios with the Buy vs Rent Calculator. See general Real Estate data or read about Infrastructure supporting these zones.