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Moroccan real estate firm EKTAR secures $100 million for luxury housing project
EKTAR, a leading Moroccan real estate investment firm, has successfully raised over MAD 1 billion ($100 million) in its inaugural fundraising round, partnering with family offices and institutional investors. The funds will be used to develop a premium residential project featuring ELIE SAAB-branded homes, marking a defining moment for Morocco’s luxury real estate market.
A vision for sustainable luxury
The project reflects Morocco’s rapid urban development and growing demand for high-quality living spaces. EKTAR’s approach emphasizes timeless real estate investments, blending architectural excellence with practical functionality.
“Our mission is to structure, develop, and manage real estate assets built to last,” stated Ahmed Lahlou, managing partner and co-founder of EKTAR. He added that the company prioritizes quality design, sustainable materials, and long-term value creation for investors.
International collaboration
EKTAR has partnered with globally renowned experts to deliver the project. Key collaborators include ELIE SAAB for design, South Africa’s SAOTA for architecture, and Cracknell for landscaping. Branding and residential experience will be overseen by Arena Group and its specialized subsidiary, Art of Living (AOL).
Despite its capital ties to Arena Group, EKTAR maintains full governance independence, adhering to global standards in decision-making.
Supporting Morocco’s real estate evolution
The firm’s portfolio spans residential, industrial, commercial, healthcare, and infrastructure sectors, catering to both local and international clients with world-class expectations. EKTAR’s commitment to sustainability and innovation positions it as a key player in Morocco’s evolving real estate landscape.
