The projects, which will take place in Casablanca, will be established on an area of 10,000 square metres
ย Alargan International Real Estate Companyย plans to invest KWD 60 million ($199 million) in the Moroccan market, a top official has said.
The projects, which will take place in Casablanca, will be established on an area of 10,000 square metres, Al-Qabas newspaper reported, citing Alargan’s vice chairman and CEO Khaled Al Mashaan as saying.
The real estate company will provide commercial and residential services, in addition to long-stay hotel rooms and offices, Al Mashaan added, noting that Alargan’s stake in the aforementioned projects will reach 35%.Moreover, the company also plans to develop residential projects for the low-income segment, as the unitโs total cost will not exceed KWD 8,000.