Sefriouis stake in ADH rebounds above 1 billion, gaining over 57 million in less than a month after a slump in May.
ADH stock rises nearly 4 percent, boosting market capitalization past 1.5 billion and reinforcing investor confidence in Moroccos real estate market.
ADH shares remain down 19 percent in 2025, reflecting ongoing economic headwinds despite recent recovery in the companys valuation.
Moroccan billionaire Anas Sefrioui, founder of Douja Promotion Groupe Addoha ADH, has seen his stake in the Casablanca-based developer climb back above the 1 billion mark after a solid rebound in the companys share price on the Casablanca bourse. The move restores a substantial portion of the wealth he lost earlier this year.
Sefriouis stake tops 1 billion againSefrioui owns nearly 65 percent of ADH, about 260.8 million shares, making him one of the largest individual shareholders in Moroccos property sector. In just under a month, the market value of his stake has risen from MAD8.79 billion 970.36 million on June 19 to MAD9.59 billion 1.03 billion, a gain of more than MAD521 million 57.6 million. This reflects renewed investor confidence as Moroccos real estate market shows signs of stability.
That recovery follows a sharp dip between mid and late May, when Sefriouis holdings shed over 90 million in value. At the time, the market value of his stake fell from MAD9.96 billion 1.08 billion to MAD9.13 billion 992 million, causing concern among investors. The recent rebound has eased some of those worries, signaling a shift in sentiment.
ADH shares climb nearly 4 percentADH remains a major force in Moroccos housing sector, particularly known for its low-income and affordable housing developments in cities such as Casablanca, Ain Aouda, El Jadida, and Tetouan. The companys performance is often viewed as a bellwether for the broader real estate market, and its gains carry weight for retail and institutional investors alike.
ADH shares have gained nearly 4 percent in the latest round of trading, climbing from MAD33.70 3.72 to MAD35.7 3.94. The price increase pushed the companys total market capitalization beyond 1.5 billion and delivered meaningful returns to shareholders, including Sefrioui, who remains one of the exchanges most influential investors.