4 days ago
Qatar-Backed Kasada Targets First North Africa Hotel Deal
Kasada Capital Management, a private equity firm backed by Qatar's $524 billion sovereign wealth fund, expects to strike a hotel deal in Morocco in the first half of 2026, marking its entry into North Africa's booming hospitality and tourism industry.
The hospitality-focused firm, whose backers include the Qatar Investment Authority and French hotel group Accor SA, has set up an office in Casablanca to assess opportunities and aims to close a fund for investments in Morocco by year-end.