Certainly not Lebanon’s most outstanding year on record for real estate, 2017 saw investors and developers react to wider events in the region and think twice before committing finances. Indeed, if there were one word to characterize Lebanon’s real estate sector in 2017, it would be stagnant, according to Mireille Korab Abi Nasr, FFA Real […]
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After two years of house price falls, Lebanon’s property market is improving. House prices are now rising. Demand is also increasing gradually. This is a bit surprising given Lebanon´s timid economic growth, continued domestic political bickering and the ongoing war in neighboring Syria. During the year to end-Q3 2016, the average value of property transaction […]
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Shortly after major political breakthroughs materialized by the end of 2016, all eyes turned on the effects of these events on the future performance of the Lebanese real estate market. As one of the core sectors of the Lebanese economy, real estate and construction activities constituted a considerable 20% share of Lebanon’s nominal Gross Domestic […]
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The confidence many developers have in the Lebanese real estate market is certainly not inspired by the numbers. On paper 2015 and 2016 look like the two worst years since 2007, yet this year and last have seen the launch of a handful of large-scale residential projects – one of which is the largest development […]
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