Capital Markets Day : Aradei Capital dévoile ses priorités stratégiques pour 2030 et ambitionne de franchir le cap du milliard de dirhams de chiffre d’affaires

Aradei Capital has firmly established itself as the preeminent integrated real estate platform in Morocco, successfully transitioning from a retail-centric entity into a diversified powerhouse that commands the entire property value chain. Since its landmark initial public offering in late 2020, the Group has demonstrated remarkable strategic agility, effectively doubling its core financial metrics through a combination of aggressive asset acquisition and meticulous operational management. This institutional-grade maturation is reflected in the company’s latest financial disclosures, which reveal a consolidated IFRS revenue exceeding 600 million dirhams for 2024, while Funds From Operations—a critical barometer of recurring profitability—has surpassed the pivotal 300 million dirham threshold. The scale of this evolution is evidenced by a portfolio valuation that now exceeds 8 billion dirhams, encompassing 35 high-quality assets across 506,000 square meters of gross leasable area. While the retail sector remains a cornerstone of the business, its relative share has been strategically moderated to less than 70% of total area. This shift underscores a deliberate move toward a more resilient, multi-sector model, with healthcare now representing 18% of the portfolio, followed by industrial holdings at 7% and an emerging presence in high-street retail and commercial office space. By operating across 23 cities, with deep concentrations in Casablanca and key regional hubs, Aradei Capital has built a geographic footprint that captures the full breadth of Morocco’s economic growth. The company’s operational resilience is further highlighted by a structural occupancy rate of 97%, matched by a collection rate of equal strength. Managing over 600 leases with 300 diverse brands, including blue-chip anchors such as LabelVie and Akdital, Aradei continues to extract value from its existing assets through targeted modernization programs at flagship sites like almazar in Marrakech and Borj Fez. Beyond traditional rent collection, the management team is diversifying revenue streams through innovative initiatives, such as the WAW leisure brand and a newly launched retail media agency designed to monetize the high footfall across its portfolio through bespoke advertising solutions. Looking toward 2030, Aradei Capital has unveiled an ambitious 3.3 billion dirham investment roadmap, of which 1.8 billion dirhams is already secured. This pipeline includes the development of a 60,000-square-meter mixed-use flagship at the gateway to Casablanca and the expansion of the Sela Park brand. The strategic objective is to propel annual revenue beyond the 1 billion dirham mark and increase FFO to approximately 500 million dirhams by the end of the decade. Central to this growth trajectory is the "Bricks For Impact" program, which integrates rigorous ESG standards into the development lifecycle. As the first Moroccan firm recognized as an IFC EDGE Champion and a member of the MASI ESG index, Aradei Capital is not merely pursuing scale, but is redefining the standards for sustainable, institutional real estate investment in North Africa.