Rent-to-own housing in Algeria: AADL Gest-Immo and SAA sign a partnership agreement
According to El Moudjahid, AADL Gest-Immo signed a partnership agreement with SAA on insurance cover for the rent-to-own housing stock.
In short
According to El Moudjahid, AADL Gest-Immo, the property management subsidiary of the AADL, signed a partnership agreement with the Société nationale d'assurances (SAA). It covers the protection of the housing stock under the rent-to-own formula and insurance cover extended to its properties, movables and equipment. The information comes from a communique of the Agency.
Key points
- According to El Moudjahid, a partnership agreement was signed.
- The parties are AADL Gest-Immo and the Société nationale d'assurances (SAA).
- It concerns the housing stock under the rent-to-own formula.
- The cover reaches properties, movables and equipment.
- Source: a communique of the Agency, reported by El Moudjahid.
What the dispatch reports
According to El Moudjahid, AADL Gest-Immo signed a partnership agreement with SAA. The dispatch cites a communique of the Agence nationale de l'amélioration et du développement du logement.
Purpose and parties concerned
According to El Moudjahid, the agreement aims at protecting the housing stock built under the rent-to-own formula. It extends insurance cover to its various properties, movables and equipment.
Frequently asked questions
Who signed the agreement according to El Moudjahid?
According to El Moudjahid, AADL Gest-Immo, the AADL property management subsidiary, and the Société nationale d'assurances (SAA).
What does the insurance agreement cover?
According to El Moudjahid, it covers the rent-to-own housing stock, its properties, movables and equipment.