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Aradei Capital Unveils 2030 Roadmap Targeting Over DH1 Billion Revenue at Capital Markets Day

At its inaugural Capital Markets Day under the theme "Bricks for Future", Aradei Capital outlined an ambitious 2030 strategy aimed at delivering more than DH1 billion in annual revenue. The Moroccan‑listed real‑estate platform highlighted a diversified portfolio now valued at over DH8 billion, the success of its 2020‑2024 plan, and a DH3.3 billion investment programme that will deepen its retail footprint, add mixed‑use flagship projects and expand into new asset classes. The company also emphasized its commitment to sustainable growth through the "Bricks For Impact" programme, focusing on energy efficiency, ESG certifications and social impact, positioning itself as a leading ESG player on the Casablanca Stock Exchange.

January 29th, 2026
3 min read
By boursenews.ma

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Capital Markets Day – "Bricks for Future"

Aradei Capital, a real‑estate investment trust listed on the Casablanca Stock Exchange, hosted its inaugural Capital Markets Day on 29 January 2026. The event gathered investors, analysts and institutional partners to disclose the firm’s 2030 strategic vision.

Diverse, Nationwide Portfolio

By the end of 2025 the company’s assets were valued at more than DH8 billion, encompassing 35 properties totaling 506,000 m² of gross leasable area (GLA). Retail accounts for just under 70 % of the GLA, while health (18 %), industry (7 %), high‑street retail (5 %) and offices (1 %) complete the mix. Aradei Capital operates in 23 Moroccan cities, with a strong concentration in Casablanca and the major regional capitals.

2020‑2024 Plan – A Successful Run

Five years after its IPO, Aradei Capital has doubled its key financial metrics. Consolidated IFRS revenue topped DH600 million in 2024 and Funds From Operations (FFO) passed the DH300 million mark. The results stem from a sustained investment pace – over DH2.3 billion deployed – and a proactive asset‑management approach that creates value.

During this period the portfolio diversified beyond its core retail brand Sela, adding health‑care facilities, high‑street retail concepts and its first office building.

Strategic Priorities for 2030

  • Maximise Existing Assets – Occupancy and rent‑capture rates consistently sit at 97 %. The portfolio holds more than 600 leases and 300 tenant brands, including marquee names such as LabelVie and Akdital. Planned actions include targeted modernisation of Almazar (Marrakech) and Borj Fez, a performance‑driven asset‑management model, and new leisure offerings under the WAW brand. In October, a retail‑media agency was launched to deliver high‑impact, custom campaigns across the portfolio.
  • Ambitious Investment Programme – By 2030 Aradei Capital aims to invest roughly DH3.3 billion, with about DH1.8 billion already secured. Key projects feature the launch of Sela Park Casablanca, a flagship mixed‑use development of ~60,000 m² at Casablanca’s gateway, continued spend on leisure and retail‑media initiatives, and further diversification into new asset classes while leveraging its land reserve.
  • Sustainable Growth with Impact – The "Bricks For Impact" agenda integrates energy efficiency (solar panels, LED lighting), environmental certifications and positive social outcomes. Aradei Capital is the first Moroccan integrated company in the IFC‑EDGE Champion network and is listed on the MASI ESG index, underscoring its ESG leadership.

With these levers, the company targets annual revenue exceeding DH1 billion and an FFO of around DH500 million by 2030.

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