BAB AL BAHR LAUNCHES NEW TRANCHE OF APARTMENTS IN THE CITY OF ARTS

Mr. Lemghari Essakl, CEO of Bab Al Bahr Development Company, a subsidiary of the Agency of the DevelopmentBouregreg Valley, announced todaythe progress of the Bab Al Bahr project, whose works progressing according to provisional schedule.

Large works of Fluvial Front Bab Al Bahr achieved 97%, and the work of river esplanade are finalized. Furthermore, a show apartment opened along the river, offering panoramic views of the Kasbah Oudayas and Hassan Tower. On the Front Marina, the work of big works experiencing a progress of 98%. Note that the delivery of the apartments Marina Front and Fluvial Front is scheduled for the first quarter of 2012.

Mr. LemghariEssakl also announced the launch of a new range of apartments in the City of Arts, leaning district in Marina Front and river whose residential units were a resounding commercial success. The City of Arts will host a variety of residential buildings in exceptional standard and various entertainment areas, including a hotel, exhibition galleries and museums, as well as shops and a primary school. This area, crossed by a rich, soothing vegetation is distinguished by its unique architectural style designed by the famous English firm Foster & Partners and inspired by the old medina of Rabat and Salé.

The City of Arts offers 390 apartments from 95 to 300m2, whose selling prices start at 14,500 DH / m2. The construction of residential units in this area, which will be delivered in June 2012 making strides: the big works of the first two lots are made at 35%, and the pious North and South were completed at 90 %.