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REAL ESTATE

City Doesn't Have Affordable Housing, Three quarters of Beirut Residents Say

A survey conducted by regional job portal Bayt.com indicated that 42% of Lebanese residing in Beirut consider that the availability of jobs in the capital is "poor",

Three Million Sqm Real Estate Projects in Downtown Beirut

A total of 403 development projects representing about 3.2 million square meters of built-up area were at various stages of development in the Beirut Central District as of end-March 2012.

The UPS Or DOWNS Of Real Estate?

“Lebanon’s real estate market is currently stagnant,” agree most real estate experts.

Rent-to-Own Draft Law to Increase Home Ownership for Low Income Brackets

The Cabinet approved a rent-to-own draft law that would allow low-income individuals in Lebanon to own houses without having to put down payments.

Office Space In Beirut To Remain EXPENSIVE

Beirut was the 22nd most expensive office space globally in 2012, and the second most expensive among 7 cities in the Middle East & Africa region,

At $3,223 Per SQM. Beirut Apartments, 2nd Most Expensive Regionally

The annual “Global Property Guide,” report ranked Beirut as the 50th most expensive city globally in 2011, in terms of the price of an average apartment.

No Money. No Honey

Lebanon’s real estate market has recently witnessed an oversupply of luxury apartments particularly in the capital. Consequently and in order to fit demand, developers have turned into the construction of small apartments, ranging from 60 and 150 square meters.

Correction in Property Market Activity Not in Prices

The property sector has slowed down in Lebanon in 2011, with a downward correction in activity and sales volumes, a report published by Lebanon Weekly Monitor, Bank Audi’s economic publication said.

Real estate transactions fall

Lebanon’s real-estate sector is showing signs of settling down as the number of real estate transactions tumbled by 14.5 percent

Plots scarcer in Beirut. How to face it?

A strong demand for plots with a limited supply have been reported in this small country particularly in the capital.

Beirut

Migration to cities is increasing so much that, by 2050, the UN predicts that approximately two thirds of the world’s population will be living in cities.

ECO INITIATIVES

  • A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
  • The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on  Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
  • A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.

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