Archive for real estate
Lebanon’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.”
Under the patronage of Economy and Trade Minister Mohamad Safadi, the Real Estate Association of Lebanon (R.E.A.L.) was officially launched on Wednesday, May 12, 2010, at Le Vendôme Intercontinental Hotel in Beirut. An outstanding attendance regrouped media figures, diplomats and senior figures from the real sector as well as representatives of Beirut and Mount-Lebanon Chamber of Commerce, industry and Agriculture. As it aims to be the first representative organization, R.E.A.L. mainly seeks to support the different entities operating in the real estate sector.
Every year since 2003, Lebanon Opportunities has been organizing the largest business event of the year. More than 1,000 business managers, investors, and opinion makers participate every year in that event. The event has become the premier business networking opportunity in Lebanon, full of useful workshops, business and investment matching, exhibition, other side activities.