45
YEARS
YEARS
CONSOLIDATION OF ACHIEVEMENTS

Mohammedia is the city that hosted the Group’s first real estate project. Named Résidences Dar Saada, this first project is a precursor to the name that will be given, twenty years later, to the Group’s social and mid-range housing division.
This first Mohammedia project was quickly followed by Résidences Moulay Youssef, the first project in luxury real estate. Proof of the reliability and quality of this recognized player’s work.
The first residential complex, “Les Jardins de la Palmeraie”, was launched in Marrakech. This project, the first of its kind in Morocco, led to the development of new residential complex projects carried out by other market players.
Determined to support tourism in Morocco, described by the public authorities as a driver for the country’s economic growth, the Group launched the “Palmeraie Golf Palace”, a large-scale tourist complex, the first of its kind in the country. This complex consists of a hotel, several restaurants, a shopping center, a bowling alley, a fitness center, and most importantly, Morocco’s first private 18-hole golf course.
“Résidences Dar Saada”, the subsidiary specialized in social and intermediate housing projects, was established.Intended to contribute to covering the housing deficit in Morocco following the royal will to address this crucial issue head on, Résidences Dar Saada distinguished itself by its quality products that were highly appreciated by buyers.
To shed light on its products, the Group launched the “EspacesSaada”label, which embodies the “city within a city” concept. A label which demonstrates a holistic approach to real estate and which integrates all aspects of community life, namely green spaces, schools, local shops, etc.
The Group launched its first integrated Resort in Casablanca, “Jardins de l’Océan”, extending across 29 hectares. The project is located on the road to Dar Bouazza.
With promising prospectsin its two markets, Residences Dar Saada increased its capital by a total amount of 900 million dirhams. The confidence inspired by this player in the social and intermediate real estate sectors attracted national and international institutional investors among its shareholders.
Palmeraie Developpement launched its Resort in Bouskoura, California Golf Resort, which stretches across 130 hectares, 80 hectares of which are green spaces.
2014 was a major milestone for the Group’s real estate division, particularly for Résidences Dar Saada which went public and raised more than 1.13 billion dirhams, representing 20% of the capital.
Palmeraie Developpement innovates in its entertainment & leisure business by launching “Waky Marrakech”, the first cable-ski in Les Jardins de l’Atlas Resort. This sporting activity that the Group has introduced in Morocco and North Africa is carried out on a 3-hectare artificial lake.
PalmeraieDéveloppement launched the Palm Immobilier brand dedicated to high-end real estate. This brand features a unique offer in prime locations for the higher socioeconomic categories.
The Palmeraie Country Club was established. This club offers a different experience in terms of lifestyle and well-being within the California Golf Resort. It also offers a unique golf and sports experience with a sports center featuring a fitness room, an Olympic swimming pool, a tennis court, a soccer field, etc. The restaurant completesthis range of offerings.
Résidences Dar Saada launched the “social duplex apartment”, a new generation of social housing and a real breakthrough in the sector.This new product has generated a lot of interest among buyers. Its marketing exceeds expectations and the trends remain very promising.




