A Kuwait-based investment firm said on Sunday it has acquired a minority stake in a Morocco real estate developer.
The North Africa Holding Company (NorAH) said it had invested in Dar Saada Company (DSC) as it sees opportunities in the fast growing North African housing market.
"Our investment team had identified the social and intermediate housing segment as fast growing with huge potential," Emad Anwar Al-Saleh, CEO of NorAH, said in a statement.
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