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In the 1970s, France and Morocco negotiated a series of real estate agreements, one on 30 October 1975 to build a new embassy on a less central location in Western Rabat, and another on 6 March 1979 to finalize the transfer of the residence and other French properties to the Moroccan state.
The Ministry of National Territory Planning, Land Planning, Housing and City Policy is the Moroccan Ministry responsible for the development and implementation of government policy in the housing and city policy sector, as well as for the reinvigoration and encouragement of social housing and the development of the real estate sector.
Compagnie Générale Immobiliere, or CGI is a Moroccan real-estate development compagnie which is listed on the Casablanca Stock Exchange since 2007 . CGI was originally set up as part of CDG Development – which in itself is part of the CDG: Caisse de dépôt et de gestion.
The uptick in overseas investment owes to several factors. First, the euro is lower than it has been in many years, and interest rates are lower in Europe than they are in the U.S. “As of June 6 ...
The Mohammed VI Tower (Arabic: برج محمد السادس) is a 55 story, 250m skyscraper in the city of Salé, bordering Rabat, the capital of Morocco. It’s the tallest building in Morocco and the third tallest in Africa. It is a project by the Moroccan businessman Othman Benjelloun and led by the company O'Tower. [1]
SOMED (French: Société Maroco-Emiratie de Développement) is a conglomerate company based in Morocco. It is active in a range of sectors such as mining, construction material dealership, tourism, real estate development, food processing and Car dealership.
Morocco has become a major player in the African economic affairs, [2] and is the 5th African economy by GDP (PPP). Morocco was ranked the 1st African country by the Economist Intelligence Unit' quality-of-life index, ahead of South Africa. However, Morocco has since then slipped into fourth place behind Egypt, but ahead of Angola. [citation ...
The real estate sector has also been seeing record investments. Morocco is being touted as the most popular retirement destination among Europeans because it is inexpensive compared to other European tourist destinations. Most of the demand in Morocco is for moderate housing, and a decrease in lending rates has made home-ownership easier.