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    REAL ESTATE

    November 19, 2020

    Morocco Begins Construction on Large Mosque in Guerguerat

    Rabat – Morocco is set to build a large mosque at the Guerguerat border crossing, the Ministry of Habous and Islamic Affairs announced on Wednesday.

    The structure will cover an area of 3,767 square meters"...

    November 18, 2020

    Real Estate Prices in Morocco Record Slight Annual Decline

    Morocco’s Real Estate Price Index recorded an annual decline of 0.8% in the third quarter of 2020, between July and September.

    Despite the decrease in prices, the number of real estate transactions in Morocco"...

    November 17, 2020

    Kenya: Construction of Loft Residences at Two Rivers starts

    The construction works of Loft Residences at the Two Rivers Development in Kenya have started following a groundbreaking ceremony by the project’s developer, Centrum Real Estate Limited. The project will be carried out by Seyani Brothers & Co, a leading general building construction"...

    November 16, 2020

    Morocco to receive a loan for construction of two seawater desalination stations

    The government of Morocco is set to receive an over US$ 5.9M loan from its Spanish counterpart for the construction of two seawater desalination stations in the towns of Assa Zag in the economic region of Guelmim-Oued Noun and Moulay Brahim in Al Haouz Province of the Marrakesh-Tensift-El"...

    November 10, 2020

    Customers Suspect Real Estate Project Near Casablanca to Be Scam

    More than 4,000 Moroccans who paid for budget-friendly apartments at the Andalous Mohammedia real estate project, near Casablanca, are anxiously waiting to formalize their purchases and receive their keys. Several indicators, however, suggest that the project could be a large scam.

    "...

    November 8, 2020

    Arzan Wealth Advises On New US Mezzanine Lending Transaction

    Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on a mezzanine lending opportunity in the United States, as part of its strategy focusing on investments"...

    November 2, 2020

    Construction of mixed-use housing project in South Davis Approved

    The Davis City Council has approved the construction of a mixed-use housing project in South Davis. The project is expected to add more housing and office space to University Research Park which already hosts several companies like Marrone Bio Innovations, Bioconsortia Inc., and Novozymes"...

    November 2, 2020

    Eswatini Rail Link (ESRL) project plans in good progress

    Plans for the implementation of the Eswatini Rail Link (ESRL) project, which is a joint inter-railway strategic initiative between Transnet Freight Rail (TFR), the South African rail manager, and Eswatini RSwatini (ESR), are in good progress, reportedly in the fund acquisition stage which"...

    October 7, 2020

    Kuwaiti Alargan eyes real estate projects in Morocco

    Ecofin Agency) - Alargan, a company active in the real estate development sector in Kuwait, is interested in the commercial and residential real estate sector in Morocco, Challenges reports.

    Socrates Development"...

    October 7, 2020

    COVID-19: Morocco Assists Real Estate, Catering, Entertainment Sectors

    Morocco’s Economic Monitoring Committee (CVE) has launched several measures to support the real estate, catering, and entertainment sectors amid the COVID-19 crisis.

    The committee, created to mitigate the"...

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