EQS-News: HB Holding N.V. / Key word(s): Expansion/Real EstateHB Holding N.V. and Marchica Med Establish a Groundbreaking Strategic Partnership with the Signing of a Memorandum of UnderstandingThe issuer is solely responsible for the content of this announcement. Real Estate Project Atalayoun (Nador), MoroccoThe Marchica Lagoon ProjectThe strategic partnership between Marchica Med and HB Holding N.V. aims to transform Atalayoun, part of the development program for the Marchica Lagoon in the Nador province, into a premier tourist destination. New Dynamics“This memorandum of understanding marks a crucial turning point in the implementation strategy for the Marchica Lagoon project,” said Loubna Boutaleb, Director General of the Agency for the Development of the Marchica Lagoon and CEO of Marchica Med. This new partnership aligns with the mid-term action plan of Marchica Med, approved at the last board meeting. Company Profile HB Holding N.V.:HB Holding N.V. is a Dutch holding company listed on the German stock exchange (ISIN: NL0015000NA2), specializing in real estate investments and new technologies.

Source: The North Africa Journal July 02, 2024 11:08 UTC