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NEW EQUESTRIAN CENTRE PROJECT FOR MARRAKECH

Friday, 02 Jan 2009

Preparations for Royal Ranches Marrakech are underway, according to developing partners Equestrian Management Services and Gulf Finance House. The Dubai-based companies have secured a 380-hectare site in the foothills of the breathtaking Atlas Mountains to complete their vision of a major equine-centred resort near Marrakech. The development will seek to capitalise on the Morocco property boom, which attracted over $4 billion in foreign direct investment in 2007 alone.

Once deals with contractors and developers have been finalised, the construction of the world’s first five-star equestrian facilities will begin. The design is based on the rich equestrian heritage of the Kingdom of Morocco, and will bring together the culture of horses and the style and traditions of Morocco in one location. For Morocco property investors, residential components such as riads, apartments and luxury villas will complement such features as an equine spa, a five-star hotel, and an equestrian centre for 200 horses.

Other features include a HoofbeatZ Activities Centre, which will introduce the company’s HoofbeatZ programme, a comprehensive and sustainable equine management system aimed at horse enthusiasts, through the use of educational activities and games. Royal Ranches Marrakesh will therefore become a unique and exciting option for those seeking family accommodation in Morocco, and the development itself will contribute immensely to the growing range of available investment property in Morocco.

CEO of Equestrian Management Services, Eileen Verdieck, said, “We are passionate about creating unique equestrian experiences but finding the right partner and selecting the most appropriate location is critical to success of our ventures. In Royal Ranches we have a partner that shares our goals, and in Morocco we benefit from a rich and historical equestrian tradition which will be fully reflected in our work.” Construction will begin shortly, and the timing is excellent, providing a welcome boost to the Morocco property industry.