In the second quarter of 2025, Balima Real Estate Company turned its focus inward, channeling nearly all its investments into a single, landmark property. Just under 3.9 million dirhams were allocated to renovation work on the historic Balima Hotel, a longtime fixture in the heart of Rabat. This strategic decision marked a shift in the company’s investment activity, as no new properties were acquired or sold during the period.
Balima also maintained a conservative financial posture, refraining from taking on any medium- or long-term debt. The company also avoided short-term borrowing, including overdrafts—highlighting a continued commitment to financial stability.
On the earnings front, the second quarter brought in revenue of 12.6 million dirhams, reflecting a 3.57% increase compared to the same period last year. For the first half of 2025, total income reached 25.2 million dirhams, marking a 3% year-over-year rise.
The composition of the company’s rental portfolio remained steady. Commercial leases accounted for the largest share at 53%, followed by residential leases at 31%, and professional leases making up the remaining 16%.
