Real Estate

The African Asian Bank recently released a report comparing real estate prices in several cities and countries in Africa. Three Moroccan cities are in the top 10 most expensive cities. Marrakech, Tangier and Casablanca ranked fifth, sixth and seventh, respectively, in Africa Wealth 2019. The African Asian Bank real estate …

CB Holding, a company under Luxembourg law controlled by Actis GP LLP, has just acquired “Delma d’Investissements Touristiques”. As a reminder, the latter, whose main shareholders are Somed (34%) and the Abu Dhabi Fund for Development (34%), was previously owner of the hotel managed by Sheraton Casablanca. Noting that Actis …

The cement group LafargeHolcim Morocco posted a turnover of 1.9 billion dirhams during the third quarter of 2019, down 1% compared to the same period last year. Thus, the consolidated turnover stood at nearly 5.8 billion dirhams at the end of September, a slight decrease compared to the previous year, …

After the announcement of its new malls last week in Cannes, the Aksal group has just delivered new details on these projects. The retail specialist, led by Salwa Idrissi Akhannouch intends to maintain the level reached with Morocco Mall Casablanca, the forerunner. This is the case with a very daring …

The New York Times has chosen to include the CFC Tower among twelve iconic achievements in the new relationship between architecture and nature. In a report on innovative urban buildings around the world, the prestigious American newspaper paid tribute to the CFC Tower, the symbol of the new Casa-Anfa business …

The Mohammed VI tower, whose official launch of the works was given by the Sovereign in early November 2018, is a masterpiece that reflects the architectural wealth of the Kingdom, said Thursday in Rabat, the Spanish architect, Rafael de la Hoz. This architectural work, the tallest building in Africa, reflects …

Regus continues to grow in Morocco. The flexible workspace specialist has just opened a new site in Casablanca, at Anfa Place. This is its 18th business center in Morocco, a very attractive market for International Workplace Group (IWG), the parent company of Regus. “Morocco, the third most attractive African country …

The latest addition to palaces of Marrakech, Oberoi will open on December 1st. It is the first installation of the Oberoi Indian chain in Morocco and North Africa. And for once, the brand has released the big game. She also took her time. Announced for 2015, the project has been …

The hotel offering is enriching in the economic capital with the inauguration of Radisson Hotel Group’s first establishment, the “Radisson Blu Hotel, Casablanca City Center”. The hotel, a 5-star hotel, is located on the emblematic Boulevard Mohammed V, near the Medina. It has 120 rooms and suites, as well as …

The 10th edition of “Medinit Expo”, the Italian trade show for interior and exterior decoration, furnishing, decoration and innovative building materials, scheduled for 23rd to 25th in Casablanca, was presented Thursday to the press. Organized by the Fair of Verona (VeronaFiere) with the institutional support of the Italian Embassy in …