Moroccan real estate developer Alliances Darna announced a backlog of nearly 3.8 billion Moroccan dirhams (MAD) as of June 30, 2026, according to its half-year financial report. The figure reflects the company's ongoing projects and future revenue streams.
The backlog, which represents the value of signed contracts not yet delivered, underscores the company's market position in the Moroccan property sector. Alliances Darna focuses on affordable and middle-class housing, a segment supported by government incentives.
Financial details from the report indicate that the company continues to execute its development pipeline, with projects spanning multiple cities across Morocco. The company has not disclosed specific project breakdowns in the preliminary announcement.
Analysts view the backlog as a positive indicator of near-term revenue stability, though the company faces challenges from rising construction costs and interest rates. Alliances Darna's stock performance and further details are expected in the full financial statements.
