Alliances Developpement Immobiliere Ste SA, formerly Alliances Developpement Immobiliere SA, is a Morocco-based company specialized in the field of construction and real estate services. It is engaged in the development, building, marketing and managing of commercial and residential assets, as well as tourist property. The Company’s activities include intermediate habitat, residential real estate and tertiary, golf resorts and services delivery. The Company operates as a client’s representative and is involved in the large scale projects, such as hotels and golf-courses. As of December 31, 2011, Alliances SA operated through numerous subsidiaries, including Adi, Alvi, Alliances MOD, Alliances Internationale, Algest, Altag, Aldarna, Riad Soltan, Belya Star Reality, Oued Draa Resort, AL Golf Gestion, Salixus, Alpha Palace, Cogedim, Najila, Experencia and Golf Argana Resort, among others.