Real Estate

Radisson Hotel Group is expanding its presence in Morocco and announces the signing with Madaëf of seven hotel units, four of which will open their doors in July 2021 at Saïdia Resorts, Al Hoceima and Taghazout Bay. A partnership that will help to move upmarket and strengthen the hotel offer …

Cristiano Ronaldo and his wife inaugurated a new hotel in the Pestana CR7 chain, located on Gran Vía in central Madrid, Spain. Will Marrakech be the next step? After several postponements, will the Pestana CR7, located in the heart of the new chic district of Marrakech, be finally inaugurated? The …

The world leader in furniture and decoration, IKEA, announced the upcoming opening of its second department store in the Kingdom in Tetouan, within the commercial zone developed by the Tanger Med Zones. “The establishment of this new store represents an investment of nearly 400 million dirhams (MAD), which is sure …

Oxfam is preparing to launch an analytical study on the relevance and incentive value of tax expenditures that annually benefit three key sectors of the Moroccan economy: real estate, agriculture and private education. The objective of Oxfam Morocco, by launching this study soon, is to “contribute constructively to nourish the …

Barely a few months after the normalization of relations between Morocco and Israel in the wake of the Abraham accords and the creation by the governments of the two countries of several interministerial working groups intended to develop bilateral economic cooperation (diplomatic group, economic group intended for investments, group dedicated …

The international real estate agency, Chestertons Global Franchise Holdings Limited, announced the opening of its very first branch in Morocco. Based in Rabat, Chestertons Morocco will offer, in addition to the traditional real estate agency business, all the services that have made Chesterons International Real Estate Brokerage famous since 1805, …

One of Asia’s largest diversified real estate groups “Ascott” has arrived in Morocco. And it was in Casablanca that the Singapore-based group chose to create its first residence in the Kingdom: Citadines Racine. Located in the heart of the Racine district, the serviced residence will offer 123 units, including studios, …

In addition to being considered a football legend, Cristiano Ronaldo is increasingly establishing himself in the business world. Indeed, after New York, Lisbon, Funchal and Madrid, the star of Juventus will soon open his first hotel in Marrakech. The inauguration, which was scheduled for December 2020, is postponed until February …

A new premium spring is planned in Essaouira. This new project, with an investment of one billion dirhams, was announced Monday by Club Med in collaboration with the Pan-African investment fund Grit Real Estate Income Group. Club Med Essaouira should be operational in 2024, we learned in a press release. …

Club Med will sign tomorrow, Monday, October 19 in Marrakech, an important memorandum of understanding with the CDG Group via its investment fund MADAËF, which owns the walls of the French group’s hotels in Morocco. Between the construction of a new village in Essaouira, the extension of the Marrakech Club …