Table of Contents
Key Points
- Alami Lazraq's stake in ADI rises by $53.6 million in 2025, reflecting strong performance on the Casablanca Bourse.
- Lazraq's holdings increase to $601.17 million, cementing his position as a leading figure in Morocco's real estate sector.
- ADI's stock price grows 9.79% in 2025, pushing its market capitalization above $1.16 billion, signaling investor confidence.
Moroccan real estate tycoon, Alami Lazraq, the founder of the Alliances Group and a leading figure in the real estate sector, has seen his stake in Alliances Développement Immobilier (ADI) rise by $53.6 million in 2025. This reflects ADI's robust performance on the Casablanca Bourse.
Lazraq's stake soars by $53.62 million
Lazraq, who controls a dominant 51.7 percent stake—equivalent to 11.4 million shares—has cemented his position as a top figure in the region’s business arena.
Over the past sixteen days, his shares have increased by MAD536.49 million ($53.62 million), continuing the upward momentum seen throughout 2024.
This surge follows a previous increase of more than $300 million in 2024, during which Lazraq's stake in ADI climbed from MAD1.61 billion ($160.41 million) at the start of the year 2024 to MAD4.7 billion ($468.73 million).
ADI surpasses $1.1 billion market cap
ADI, in Casablanca, is the heart of the Alliances Group, a real estate conglomerate founded by Lazraq 25 years ago.
Over the years, the group has built a solid reputation as a key player in North Africa's real estate sector, with a diverse portfolio of assets.
Since the beginning of 2025, ADI's stock price has grown by 9.79 percent, from MAD480 ($47.96) on January 1 to MAD527 ($52.61), reflecting investor confidence and pushing the company's market capitalization above $1.16 billion.
Moroccan real estate mogul solidifies position among Africa’s richest
For Lazraq, the recent rise in ADI shares on the Casablanca bourse has solidified his position as one of the richest individuals on the continent.
His stake in ADI increased from MAD 5.48 billion ($547.56 million) at the start of the year to MAD 6.02 billion ($601.17 million), reflecting a significant boost in value.
This growth highlights the strong potential of Morocco’s real estate market, demonstrating the confidence investors have in ADI's leadership and strategic direction.
