Our development arm in Algeria is currently the leading high-end developer in the capital city with three on-going projects and over 250,000 in cumulative SQM developed. This includes 10,000 SQM of retail spaces, >600 residential units, 21 luxury villas, and a 124-key four star hotel.
Our investment team is on the lookout for both income-producing and development opportunities in the European market.
Investments
Real Estate Development
Les Pavillons
Les Pavillons
Les Pavillons is a 21-unit gated community project in Cheraga, Algiers. It is one of the only low-rise, low-density developments in urban Algiers. Most units were reserved prior to launch.
| Type | Ground-Up Development |
| Total BUA | 8,945 Sqm |
| Villas | 21 |
Le Patio
Le Patio
Le Patio is a 183-unit mixed-use development in Ain Benian, Western Algiers. The project is comprised of a 4-star hotel, an integrated retail area, a large courtyard, and ample underground parking.
| Type | Ground-Up Development |
| Number Of Units | 183 |
| Retail BUA | 4,000 Sqm |
| Total BUA | 68,923 Sqm |
Le Patio Hotel
Le Patio Hotel
Excelsa is developing a 124-key four star hotel in the vicinity of the new International Conference Center in Algiers.The hotel will be operated by Groupe du Louvre, a leading French hospitality group.
| Type | Ground-Up Development |
| Total BUA | 8,282 Sqm |
Calçada da Estrela, n.º122
Calçada da Estrela, n.º122
Excelsa purchased and renovated two small buildings in Lisbon. The buildings have been completed and sold.
| Type | Refurbishment |
| Number Of Units | 4 |
| Total Area | 1,424 Sqf |
Calçada do Combro, n.º15
Calçada do Combro, n.º15
Excelsa purchased and renovated two small buildings in Lisbon. The buildings have been completed and sold.
| Type | Refurbishment |
| Number Of Units | 5 |
| Total Area | 1,424 Sqf |
Residence des Pins
Residence des Pins
Excelsa acquired a controlling stake in Residence des Pins, one of the largest developments in Western Algiers. The initial owners were unable to complete the project and Excelsa stepped in with its financial resources and operational expertise. The project is made up of a 428-unit apartment complex, two office buildings, and a sports complex. Excelsa completed and exited the project in 2014.
| Type | Turnaround |
| Retail BUA | 5,000 sqm |
| Office BUA | 14,000 Sqm |
| Total BUA | 167,000 Sqm |
| Number of Apartments | 428 |
