Moroccan real-estate platform Mubawab raises $7m from Middle East property group

Casablanca based real-estate platform Mubawab has raised a $7-million investment from UAE-based Emerging Markets Property Group.

 

Middle East and North Africa (MENA) publication Wamda reported in an article on Tuesday (14 January) that the Moroccan firm will use the funding to grow its team and expand its operations.

It is not immediately clear when the deal was concluded or how much equity was involved in the deal. Ventureburn sought comment from the company but had not received comment at the time of publication.

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