At a glance
Aradei Capital owns 35 properties in 23 cities, mostly shopping centres and retail galleries, with 507,000 m² of lettable area. It collects rent and develops new projects.
History
Aradei Capital was formerly called Vecteur LV-Petra. Its IPO, in preparation since 2014, took place in December 2020, raising MAD 600 million at MAD 400 per share. The LabelVie group is its main tenant.
Latest published results
In the first half of 2026, consolidated revenue rose 28% to MAD 393 million, including MAD 334 million of rental income (+8%) and about MAD 60 million from one-off villa sales. EBITDA increased 6% to MAD 244 million. Occupancy was 97%. The portfolio is valued at about MAD 8.5 billion.
What to watch
Debt, with loan-to-value rising from 34.1% to 38%, and the new Casablanca projects.
Key dates
- 2020
IPO in December: MAD 600 million raised at MAD 400 per share.
- 2025
Sela Park Casablanca opens at the end of the year.
- 2026
Purchase of land in Casa Anfa for a retail, office and residential project.
Sources: Boursenews, Aradei Capital : résultats du premier semestre 2026, September 24, 2026; African Markets, fiche société Aradei Capital, October 29, 2026; Le360, Aradei Capital entre en bourse : ce que vous devez retenir, November 27, 2020.
Profile updated on October 29, 2026.