Tuesday, 21 April 2009

Visit to Addoha

We visited Moroccan property developer Addoha. The company is Morocco's leading real estate firm that benefits from the government-backed social housing drive. The recent boom in leisure, hotel and high-end housing projects is driving earnings forward.

We were particularly impressed with the company's one-stop-shop, where all the services requires to buy a house are under one roof (including credit assessment and legal). Clearly, something banks and/or property developers can learn from wherever they are in the world.

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