After BOA, Banque Populaire and CIH Bank, Société Générale Maroc has its sights set on real-estate investments with Nema Capital

After BOA, Banque Populaire and CIH Bank, Société Générale Maroc has its sights set on real-estate investments with Nema Capital

The French bank’s Moroccan subsidiary is following the lead of its three competitors by entrusting Yamed Capital with the management of its first real-estate collective investment scheme (OPCI).

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            ▪ After BOA, Banque Populaire and CIH Bank, Société Générale Maroc has its sights set on real-estate investments with Nema Capital

▪ The French bank’s Moroccan subsidiary is following the lead of its three competitors by entrusting Yamed Capital with the management of its first real-estate collective investment scheme (OPCI).

https://www.africabusinessplus.com/en/803086/after-boa-banque-populaire-and-cih-bank-societe-generale-maroc-has-its-sights-set-on-real-estate-investments-with-nema-capital/

Société Générale Marocaine de Banques decided to invest 1 billion Moroccan dirhams (€94 million) to gain a foothold in the new collective real-estate management segment in Morocco. The total amount may be adjusted depending on real-estate market trends and performance indicators reported by its new subsidiary Nema Capital, according to two concurring sources who shared the information with Jeune Afrique Business+.

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