Rabat — EKTAR, a Moroccan real estate investment company, has completed its first fundraising round with family offices and major institutional investors to develop a large-scale residential project worth over MAD 1 billion ($100 million).
The development will include ELIE SAAB-branded residences, marking a significant entry into Morocco’s luxury real estate market.
EKTAR’s fundraising comes as Morocco experiences rapid urban transformation and growing demand for high-quality architectural design and living experiences.
“Our job is to structure, develop, and manage real estate assets built to last,” said Ahmed Lahlou, managing partner and co-founder of EKTAR.
“Every project rests on clear fundamentals: quality design, practical use, architectural coherence, durable materials, and value creation for investors.”
International expertise
EKTAR has brought together internationally recognized experts for the project, including fashion house ELIE SAAB, South African architecture firm SAOTA, and landscape architect Cracknell.
The company partnered with Arena Group to handle the project’s branding strategy. Art of Living (AOL), Arena’s specialized subsidiary, will manage the residential experience and coordinate with ELIE SAAB.
EKTAR maintains full decision-making independence despite its capital relationship with Arena Group, a position that the company asserts follows international governance standards.
It invests in sustainable real estate projects across Morocco, targeting both local and international clients accustomed to world-class standards.
The firm develops projects across multiple sectors, including residential, infrastructure, industrial, commercial, healthcare, services, and strategic infrastructure.
EKTAR operates with independent governance and partners with top experts to support Morocco’s evolving real estate market.
