Cabym's Weblog

the Reference blog for financial investment in Lebanon

Beirut Real Estate Market to Grow 15 Percent


Beirut real estate market predicted to grow 15 percent in next three yearsLebanon’s real estate market will grow by up to 15 percent in the next three years, director general of the Economy Ministry Fuad Fleifel said Thursday at the Beirut International Property Fair.
“Lebanon has gone against the current of the international financial crisis in the real estate sector,” said Fleifel. “Its [real estate] value has risen by 9 percent during the first eight months of 2009, with expectations that it will rise between 10 and 15 percent until the year 2013.”
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