Lebanon Real Estate Newsletter
Vol. 5, Issue 2 - February, 2009
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Lebanon Real Estate Newsletter Vol. 5, Issue 2 - February, 2009 |
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Editorial |
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Lebanon: Certainty in Uncertain Times By Eng. Abdallah Hayek "When speaking about Lebanon’s treasures and natural resources, we usually mean from the ground up; the natural beauty, the weather and the people. And in contrast, Lebanon seems to always be mired with political instability, uncertainty, and dependability on others for some of the essentials in life such as oil and gas. " >>Read more |
| Featured articles |
Lebanon is in better financial position than many other countries (IMF) BEIRUT: A senior International Monetary Fund (IMF) official said Friday that the projection for Lebanon's GDP growth in 2009 will be revised to less than 5 percent due to the unfavorable market conditions. "We will probably reduce the early projection for Lebanon's GDP growth to less than 5 percent. We will have more meetings to decide on the new GDP growth," said Murilo Portugal, deputy managing director of the IMF during a news conference. >>Read more |
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Profits surge at major Lebanese banks BEIRUT: Financial results issued by five banks listed on the Beirut Stock Exchange show that their aggregate net profits reached $823.3m in 2008, constituting an increase of 23.4 percent from $667.1m in 2007, as reported by Lebanon This Week, the economic publication of the Byblos Bank Group. >>Read more
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Washington dishes out mixed portrait of Lebanese economy BEIRUT: The United States Department of Commerce's 2009 Country Commercial Guide for Lebanon highlighted the country's favorable investment climate and its liberal economic system, but said that red tape and an unpredictable operating environment are some of the issues hurting Lebanon's image as a country open for investment, as reported by Lebanon This Week, the economic publication of the Byblos Bank Group. >>Read more
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Best deals |
| Residential | Area/m2 | Price($) | Location | Listing No. |
| Bldg | 600 | 285,000 | Barbara | 14023 |
| Apt | 400 | 400,000 | Beit Meri | 13853 |
| Apt | 200 | 192,000 | Rabweh | 14014 |
| Apt | 420 | 1,400,000 | Achrafieh | 14015 |
| Apt. | 220 | 375,000 | Adma | 13746 |
| Apt. | 260 | 468,000 | Horch Tabet | 14042 |
| Apt. | 300 | 325,000 | Haret Sakhr | 14050 |
| Apt. | 750 | 785,000 | Adma | 14100 |
| Apt. | 220 | 285,000 | Adma | 14101 |
| House | 18,000 | 375,000 | Sirhin Tahta | 14082 |
| Apt | 155 | 140,000 | Antelias | 14063 |
| Land | ||||
| Land | 4,300 | 2,580,000 | Tabarja | 14069 |
| Land | 3,600 | 1,650,000 | Beit Meri | 14062 |
| Land | 552 | 265,000 | Beit Chaar | 14056 |
| Land | 840 | 210,000 | Faqra | 14004 |
| Land | 3,384 | 217,000 | Bhamdoun | 14036 |
| Land | 4,922 | 123,000 | Abreen | 14025 |
| Commercial | ||||
| Store | 570 | 645,000 | Achrafieh | 14034 |
| Office | 295 | 750,000 | Saifi | 14016 |
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| Restaurant | 1,150 | 310,000 | Gemmayzeh | 14035 |
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Copyright © 2009 Hayek Group s.a.r.l Beirut, Lebanon For more information or comments: Tel/fax: 961-1-566666 |
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