The Marina d’Or group has submitted an arbitration request in which it claims 407 million euros from the Kingdom of Morocco for frustrating its real estate macro-investment in the African country.
Specifically, the Spanish company accuses the country of preventing the construction of two large real estate complexes, ‘Nueva Ciudad de Tamesna’ and ‘La Perla de Tánger’, after breaching the commitments it made. Both projects were part of an i