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Lebanon: Investments or just real estate?

Posted on 31 December 2010

From Dailystar.com.lb: As the region tries to dust off the remnants of the global financial crisis, which hit in earnest in 2009 and 2010, certain sectors have fared better than others for various reasons. Now pretty much a case study in economic boom and bust, the region’s real-estate sector, once boasting tremendous buoyancy, is now scraping close to the bottom.
Cancelled projects, vacant spaces and half-built visions have all become the cheerless characteristics of a sector that had once reported unprecedented gains at a regional level……………………………………….Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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