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).
20/02/2020 at 17h15, by Africa Business+
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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