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Moroccan property developers: a new golden age?

Renewed growth among major players does not mean the whole market moves at the same pace.

Leading players return

Following deleveraging and restructuring, several groups are expanding again across housing, subdivisions, hospitality and Africa.

A mixed market

Listed-company performance must be separated from the wider cycle and sharp differences between cities and segments.

Land remains central

Location, title, planning, access, services, build cost and real demand determine project quality.

The Profoncia view

Those controlling debt, suitable land, pre-sales and local-market fit are best positioned.

Jeune Afrique · Article d’origine