
Morocco Denies Rumors of Wastewater Discharge in Kenitra River
The Ministry of Energy, Mines and Environment has just denied the information that wastewater was being discharged into the river near Kenitra.

The Ministry of Energy, Mines and Environment has just denied the information that wastewater was being discharged into the river near Kenitra.

The coronavirus pandemic has shattered the dreams of a long-awaited revival of the real estate sector. Yet the players were counting on the year 2020 for its recovery. The sector has been at a standstill since the implementation of the lockdown.

Construction professionals have written a letter to the Head of Government. The objective is to seek help to cope with the impacts of the coronavirus health crisis that is shaking their sector of activity.

Among the sectors heavily impacted by the crisis related to the coronavirus is the real estate sector, which, according to the vice-president of the National Federation of Real Estate Developers, is going through an unprecedented crisis.

The covid-19 crisis has decimated the real estate sector in Morocco. All construction sites are now completely at a standstill.

The real estate credit sector is bearing the brunt of the current crisis, to the delight of solvent customers who find themselves advantaged by the drop in benchmark rates never before recorded.

In an effort to prevent the eviction of tenants for non-payment of rent during the state of emergency, the USFP submits two bills. These texts also take into account leases of buildings for commercial, industrial and craft use, as well as those for residential or professional use.

In Spain, the real estate market will offer great opportunities for Moroccans residing abroad (MRE) , Belgians and others. At least, that’s what the latest statistics on the sector indicate.

The health crisis is hitting the real estate market hard. This is what the study by the real estate transaction website Mubawab indicates.

King Mohammed VI has decided to exempt tenants of Habous premises dedicated to commerce, crafts, services and housing from rental fees.

Faced with the spread of the coronavirus, construction sites are at a standstill in Morocco due to the lack of manpower.

Never has a real estate scandal shaken Morocco as much as that of the Bab Darna group, the amount of the scam being estimated at 57 million euros. Ten years of real estate fraud with at least 1,000 victims for about fifteen fictitious projects in the Greater Casablanca area.