The real estate company achieved a turnover of MAD 140 million in the first half, up 3.1% year-on-year. This increase comes mainly from the acquisition of the industrial unit operated by the Yazaki group, says Aradei Capital in its financial communication. The gross operating surplus reached MAD 114.3 million against MAD 110 million, marking a rise of 3.6%. Net profit amounted to MAD 58.5 million, up 2.1% year-on-year.
The real estate company, which has a reserve of 32 ha, has also invested more than MAD 1 billion as part of its investment plan over 5 years (2019-2024) of MAD 3 billion. This investment concerns new projects (greenfield and acquisition of operational assets). Some MAD 300 million were invested during the first half of the year. Note that the occupancy rate of Aradei Capital reached 94%, the shopping centers of the land has welcomed 17 million visitors.