TASWEEK Opens New Investment Avenues in Morocco with USD 55 million Mixed-Use Development in Agadir

Company adopts aggressive global expansion policy to create diverse property 250 Million USD portfolio 
UAE, Feb 12, 2015: TASWEEK Real Estate Marketing and Development, an advisor and solutions provider serving property markets, has announced the preparation of a new USD 55 million mixed-use project, including health, residential, retails and tourism in the city of Agadir, Morocco. It is the second project for the company in the North African nation after the successful project of the 160-bed private hospital as part of the Marrakesh Healthcare City (MHC) development in the country’s third largest city.

The move to consider another development in Morocco is in line with TASWEEK’s aggressive expansion strategies which will add value to its global portfolio of diverse real estate projects. Further, the real estate developer aims encourage and facilitate more investment opportunities based on strong investor-partner relationship between the UAE and Morocco. Like the MHC development, the new project will bolster the bilateral business and partnership ventures to further enhance economic cooperation between the two countries.

Masood Al Awar, CEO, TASWEEK Real Estate Marketing and Development, said: “The launch of the new USD 55 millionmixed-use development in Morocco reaffirms Tasweek’s commitment to strengthen bilateral relations between the two countries. The project will offer further avenues for GCC investors in the African nation as an attractive, upcoming and lucrative investment destination. We are upbeat that the new project will be as successful as the ’marakech healthcare city.”

TASWEEK Real Estate Marketing and Development is a one-stop-shop for all real estate needs related to Purchase and Sale of Strategic Assets; Asset Management; Joint Ventures and Strategic Alliances; and Marketing Consultancy. An industry innovator and leader for over 20 years, TASWEEK develops tailored services based on current market trends that cater to individual client needs.