Deyaar Development – Markus Giebel (Q&A)

Markus Giebel is the chief executive officer at Deyaar Development PJSC, one of the region’s biggest real estate companies. Executive Magazine had the pleasure of sitting with Giebel as Deyaar unveiled the recently completed project at Saifi Village II, which is comprised of 72 upscale apartments and penthouses and is located in the Beirut City Center master development. E This is not the first time you invest in Lebanon. What makes this country, in your opinion, a good destination for real estate investment? It is the first project that we have completed in Lebanon. Other than that we have a total investment of $200 million in the country. But the first project we completed is the Saifi II, which is a $100 million project. The sad portion of it is that many things got destroyed, and someone had to rebuild it. So there is an intrinsic and real need for