Union Properties has reported a net profit of 139 million dirhams for the first nine months of 2025, marking a remarkable increase of 162% compared to 53 million dirhams during the same period in 2024. Additionally, revenues surged by 32%, reaching a total of 513 million dirhams.
The company achieved a significant milestone with its cash flow and bank account balances reaching 455 million dirhams, the highest level in several years, reflecting its robust financial position and strong liquidity.
Moreover, Union Properties successfully cleared its accumulated debts, reducing its bank loans from approximately 1.5 billion dirhams to 302 million dirhams, thereby alleviating a long-term financial burden. This accomplishment, combined with cost management measures and improved efficiency in collecting receivables, enabled the company to attain a positive net cash position for the first time in its history.