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Social housing in Morocco

Bahrain’s Real Capita and Morocco’s Jet Asset Management have formed House Invest, which is to spend $400mn on social housing projects in Casablanca, Tangier, Agadir and Marrakech over the next four years

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Bahrain’s Real Capita and Morocco’s Jet Asset Management have formed House Invest, which is to spend $400mn on social housing projects in Casablanca, Tangier, Agadir and Marrakech over the next four years.

RealMaroc, a fund that includes investors from Saudi Arabia, the UAE and Kuwait, will acquire 90% of House Invest’s capital, with the remainder held by Real Capita and Jet. House Invest aims to build 22,000 homes.

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