Q&A – Fadi Antonios

Fadi Antonios presides over a network of industrial enterprises in the United Arab Emirates and has growing interests in Lebanese real estate. Through his development company, Antonios Projects, he is the sole owner and developer behind what will be Lebanon’s tallest tower, the 50-story Sama Beirut, currently under construction in Ashrafieh, where it will offer luxury retail space, offices and residences. Executive recently got the scoop on the project and on Antonios’ future plans for his home city. Since the construction contract alone is well over $100 million for Sama Beirut, is it not risky to self-finance the entire project? My father used to say, ‘In real estate, never take a partner; it’s like [having a] wife, you don’t take a partner.” [laughs] If you can realize your project without banking facilities it is better and less risky… Now we have a bridge loan [a guarantee from the bank in