Residences Dar Saada: Best Real Estate Developer Morocco 2018
With over forty years operational experience, Residences Dar Saada (RDS) is a major player in Morocco’s social housing market and has developed a broad geographical spread of highly innovative and very successful projects. The company holds true to its belief that everyone has the right to quality housing and is working wisely to deliver on this. The CFI judging panel, which also honoured RDS last year, points to the ‘community-within-a-city’ concept that encourages social cohesion according to local needs and traditions. The judging panel was also impressed by the RDS ‘Strategic Vision 2018-20’ plan and recognises its management as being of the highest calibre (when RDS went public in 2014 its IPO was 3.5 times oversubscribed and raised $100 million). Investors were quick to recognise the strength, dynamism and potential of RDS and have responded positively to the company’s bond offerings. It is clear to the panel that given Morocco’s solid economic performance, RDS is well placed to move forward with confidence. The award Best Real Estate Developer Morocco goes once again to Residences Dar Saada.