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Real Estate Briefing - Categorized | Developers, Market Moves more

Lebanese real estate developers set sights on domestic market

Posted on 08 September 2011

Lebanon’s real estate developers companies at the annual show at the Beirut International Exhibition and Leisure center said the days of Lebanese expats and Gulf Arabs buying up luxury Lebanese property at inflated prices are a thing of the past – at least for now. Today’s buyers are primarily Lebanese residents making conservative decisions on their property purchases.
“The demand is completely different than it was two years ago,” says Joe Kanaan, president of Sodeco Gestion, a Beirut-based real estate development company……………………………………….Full Article: Source


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