This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press – Casablanca
Cassada Capital Management, specializing in hotel investments and supported by Qatar Investment Authority, is preparing to enter the Moroccan market for the first time, thanks to an expected agreement in the coming months.
This new trend comes as part of a strategic expansion targeting North Africa, after years to focus on sub -Saharan Africa.
And the leading group in the construction of luxurious and luxurious hotels recently opened an office in Casablanca, which confirms its desire to explore investment opportunities in Morocco, and is currently working to create an investment fund dedicated to this market before the end of 2025.
“Cassada” bets on the escalation of the dynamism of the Moroccan tourism sector, and the kingdom’s desire to adopt major sporting events such as the African Cup of Nations and the FIFA 2030 World Cup.
Since the launch of its first fund in 2019, with a value of $ 500 million, Cassada has built a various portfolio of 19 hotels in seven countries, including Kenya, Côte d’Ivoire and Senegal, and the company plans to clone this model in Morocco.
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