BOURSSOLE Logo
BOURSSOLEYour smart investing compass
Stocks Market

Stocks Market

RDS Unveils a MAD 12.5 bn Development Pipeline, Securing 60% in Contracts

Résidences Dar Saada (RDS) announced that its development pipeline now totals MAD 12.5 billion in projected revenue, with MAD 7.5 billion already booked through signed contracts – about 60 % of the total pipeline. The pipeline includes major AMI allocations in Marrakech and Casablanca, a new Sub‑Saharan Africa housing project, and a mixed‑use development in southern Morocco, all of which bolster RDS’s position in the social‑mid‑range housing market and support its multi‑year growth plan.

February 18th, 2026
2 min read
By boursenews.ma

Listen to this article

Unlock audio versions of premium articles and more with a Pro subscription.

Upgrade to Unlock

Overview

Résidences Dar Saada (RDS) announced that its total development pipeline now amounts to MAD 12.5 billion in projected revenue, with MAD 7.5 billion already secured through signed contracts. This represents roughly 60 % of the pipeline’s revenue and strengthens the company’s visibility on future earnings.

Marrakech Relocation Program (Al Omrane)

The firm secured two Call‑for‑Interest (AMI) assignments from Al Omrane Marrakech, covering more than 15,400 housing units valued at approximately MAD 3.8 billion.

  • 7,650 units assigned to RDS – estimated at MAD 1.9 billion.
  • 7,773 units assigned to RDS X (an affiliate slated for consolidation) – also valued at MAD 1.9 billion.

Casablanca AMI Allocations

In Casablanca, RDS obtained two AMI projects totaling over 10,500 units and a potential revenue of MAD 2.65 billion.

  • AMI 1 – 10,300 units, approx. MAD 2.6 billion.
  • AMI 2 – 200 units, approx. MAD 50 million.

New Projects in Sub‑Saharan Africa and Southern Morocco

A newly authorized project in Sub‑Saharan Africa adds 7,500 units with an estimated MAD 3 billion in revenue. A mixed‑use development in southern Morocco (housing + subdivision) brings another 7,400 units and about MAD 2 billion.

Strategic Impact

RDS says the combined pipeline gives the group solid visibility on its future activity, reinforces its position in the social‑mid‑range housing segment, and supports the growth trajectory outlined in its multi‑year strategic plan.

Discussion (0)