Real Estate articles

The Erbil Rotana Hotel was inaugurated in 2011

Building luxury in Erbil

Building luxury in Erbil

When in September last year Erbil was hit by a series of terrorist attacks, fears over political instability in the Kurdish capital, among Iraq’s safest regions, might have scared foreign investors away from the city’s booming real estate market. Fortunately this did not happen, and Lebanese investors, accustomed to a little instability in the Middle East,

Lebanese real estate projects will compete to win REAL awards in different categories.

Competing constructions

In mid-June this year, some of Lebanon’s newest real estate projects will be judged by a pool of experts in the sector, including architects, academics, consultants and entrepreneurs. While transparency is not among the main qualities of Lebanon’s property market, judges in the Real Estate Awards Lebanon, launched for the first time by the Real

Rumble in the urban jungle

Update: President Michel Sleiman announced he would not sign the rent law on May 7, 2014. The following article appeared in Executive’s print edition on May 1. When Parliament approved the new rent law in early April, the document cleared a major hurdle, only to be confronted with a barrage of protests by people seeking

Solidere developed much of Beirut's downtown district

Solidere shifts from rents to sales in search for profits

Investors in Lebanese flagship developer Solidere this summer should see an improvement in the upcoming annual results, compared with the dismal year of 2012 and its 89 percent drop in net profits. Even as low confidence in the Lebanese market continues to impact the company’s sales, a better annual performance has been unfolding in 2013,

Solidere was responsible for the development of Downtown Beirut

Solidere appoints new manager of operations

Solidere, the company responsible for the development and reconstruction of the Beirut Central District, has appointed Jamal Itani to be general manager of operations in what the company’s representatives called an expansion of management capabilities. He was appointed by a management decision, not by the board of directors. Solidere representatives, speaking with Executive on condition

Could online real estate take off in Lebanon?

Properties a click away

Lebanon’s real estate market is not the most transparent for property buyers. But expats and foreigners looking to buy or rent assets in the country can turn to the internet to at least get an initial idea of what to expect and where to buy. Although almost all of Lebanon’s competitive real estate agents accept

Dubai’s housing market – avoiding another bubble

The Dubai property market has experienced a rollercoaster ride in the last six years. After growth skyrocketed in 2006, Dubai became the envy of the world as the likes of David Beckham and Hollywood stars invested heavily in high-end luxury projects with prices comparable to New York and London. The housing market reached its peak

Bella Casa suspension: real estate on the edge?

According to a report in French-language magazine Le Commerce du Levant, prominent Lebanese developer MENA Capital recently decided to discontinue a major residential project. This is the first time in years that a well-known company with great experience in mega developments has officially pulled the plug on a flagship project. The official reason: the very

Disabled access: Building for all

Roula Helou was four when a car accident made her paraplegic, forcing her into a wheelchair. Back then it looked as if she would have little chance of accessing the same opportunities as other children without physical disabilities, but 33 years on, she is the popular presenter of Ma Mnekhtelif (We Don’t Disagree), a TV

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