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Key Points
- Sefrioui’s stake in ADH rebounds above $1 billion, gaining over $57 million in less than a month after a slump in May.
- ADH stock rises nearly 4 percent, boosting market capitalization past $1.5 billion and reinforcing investor confidence in Morocco’s real estate market.
- ADH shares remain down 19 percent in 2025, reflecting ongoing economic headwinds despite recent recovery in the company’s valuation.
Moroccan billionaire Anas Sefrioui, founder of Douja Promotion Groupe Addoha (ADH), has seen his stake in the Casablanca-based developer climb back above the $1 billion mark after a solid rebound in the company’s share price on the Casablanca bourse. The move restores a substantial portion of the wealth he lost earlier this year.
Sefrioui’s stake tops $1 billion again
Sefrioui owns nearly 65 percent of ADH, about 260.8 million shares, making him one of the largest individual shareholders in Morocco’s property sector. In just under a month, the market value of his stake has risen from MAD8.79 billion ($970.36 million) on June 19 to MAD9.59 billion ($1.03 billion), a gain of more than MAD521 million ($57.6 million). This reflects renewed investor confidence as Morocco’s real estate market shows signs of stability.
That recovery follows a sharp dip between mid and late May, when Sefrioui’s holdings shed over $90 million in value. At the time, the market value of his stake fell from MAD9.96 billion ($1.08 billion) to MAD9.13 billion ($992 million), causing concern among investors. The recent rebound has eased some of those worries, signaling a shift in sentiment.
ADH shares climb nearly 4 percent
ADH remains a major force in Morocco’s housing sector, particularly known for its low-income and affordable housing developments in cities such as Casablanca, Ain Aouda, El Jadida, and Tetouan. The company’s performance is often viewed as a bellwether for the broader real estate market, and its gains carry weight for retail and institutional investors alike.
ADH shares have gained nearly 4 percent in the latest round of trading, climbing from MAD33.70 ($3.72) to MAD35.7 ($3.94). The price increase pushed the company’s total market capitalization beyond $1.5 billion and delivered meaningful returns to shareholders, including Sefrioui, who remains one of the exchange’s most influential investors.
ADH stock falls 19 percent in 2025
Still, the year hasn’t been entirely smooth. Despite the recent improvement, ADH shares are down more than 19 percent since the start of 2025. A $100,000 investment in the company’s stock at the beginning of 2025 would now be worth just $80,570, indicating a loss of nearly $19,430. This reflects broader economic concerns and a cautious market outlook.
For Sefrioui, the recent climb in value is a welcome shift, reinforcing his status as one of Morocco’s richest business figures. While the road ahead may still present challenges, the rebound in ADH shares offers a sign that investors haven’t lost faith in either the company or its long-time founder.