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Lebanon: Investment in properties drops amid regional uncertainty

Posted on 15 October 2012

A sparsely attended real estate fair at the Beirut International Exhibition and Leisure center showed the drop in the rush to jump into the country’s housing market as both foreign and local investors exercise caution amid regional unrest.
“This year is definitely challenging,” said Antoine Habr, managing director at Premiere Properties at his booth on the second day of the annual Dream real estate exhibition, who estimates that Gulf investment in real estate has dropped more than 50 percent over the past two years………………………………………..Full Article: Source


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