Alliances Posts Revenue of 803 Million Dirhams in the Second Quarter of 2026

Alliances Développement Immobilier Reports Strong Performance in Q2 2026

The real estate group Alliances Développement Immobilier has recorded a significant improvement in its performance for the second quarter of 2026, driven by an uptick in commercial activity and a rise in pre-sales, alongside enhancements in its financial position and a reduction in debt levels.

According to the group’s financial data, consolidated revenue reached 803 million dirhams in the second quarter of 2026, compared to 618 million dirhams during the same period in 2025, marking an annual increase of 30%.

For the entire first half of 2026, consolidated revenue amounted to approximately 1.418 billion dirhams, up from 1.333 billion dirhams in the first six months of 2025, reflecting a growth of 6.5%.

This upward trend was accompanied by an increased pace of sales. The group achieved 1,639 pre-sales in the second quarter, compared to 1,409 a year earlier, representing a growth of 16%.

In the first half of the year, Alliances recorded 3,267 pre-sales transactions, compared to 3,191 at the end of June 2025, reflecting a rise of 2%.

To support its future development, the group boasts a backlog representing a secured real estate value estimated at approximately 4.5 billion dirhams. Moreover, its current project portfolio presents a potential revenue stream close to 23 billion dirhams over the coming years.

On the operational front, the group maintains a robust level of production. By the end of June 2026, 6,312 housing units were under construction.

Alliances has also initiated several new projects to strengthen its presence in various real estate markets across the Kingdom. These include two large developments in northern Morocco, a high-end project in M’diq, as well as three residential programs aimed at the mid and high-end segments in Marrakech.

Financially, the group continued to reduce its net debt. As of the end of June 2026, net debt stood at 1.179 billion dirhams, down from 1.278 billion dirhams at the end of March, representing a decline of 8%.

This improvement should provide the group with greater flexibility in managing its resources and financing its investments and new projects.

The results for the second quarter of 2026 reflect a favorable trend for Alliances, characterized by increased revenue, accelerated pre-sales, sustained production levels, and a decrease in debt.