Moroccan real estate tycoon Alami Lazraq’s ADI stake slumps by $12 million
Despite the recent decline in his stake in ADI, Lazraq remains one of the Casablanca bourse’s richest investors and one of Morocco’s wealthiest businessmen.
Despite the recent decline in his stake in ADI, Lazraq remains one of the Casablanca bourse’s richest investors and one of Morocco’s wealthiest businessmen.
Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
Lazraq, who controls 51.7 percent of ADI, owns 11,410,669 ordinary shares of the company valued at more than $100 million.
Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of ADI.
ADI is an active member of the Alliances Group.
The news solidifies his position as one of the richest investors on the Casablanca bourse.
Lazraq owns 51.7 percent of Casablanca-based property developer Alliances Developpement Immobilier SA.
Lazraq is one of Morocco’s wealthiest businesspeople.
Lazraq is one of the wealthiest investors on the Casablanca bourse.
Lazraq said the group met its goals for 2021 despite the pandemic.
Lazraq owns 51.7 percent of the Moroccan home builder, Alliances Developpement Immobiliere.
ADI is a subsidiary of Alliances Group, a Morocco-based holding with a broad array of real estate investments.
Alliances Group is Morocco’s largest home and hotel builder.
ADI is Morocco’s largest home and hotel builder. Lazraq holds a majority 51.7-percent stake in the company.
Alliances Developpement Immobiliere is Morocco’s largest home and hotel builder.