IN BRIEF Prior to October 17, 2019, the real estate market was suffering from high developer debt and low interest rates on deposits. Lack of trust in banks has since …
Real estate
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Real estateSpecial ReportWealth management
Questioning Lebanese real estate as an investment proposition
In the beginning, the land was empty and without borders, but then came people who settled on the land and built upon it. The people divided the land into plots …
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Since at least 2014, the country’s real estate developers have been warning of troubling times ahead. The sector slowdown had begun much earlier, as Executive reported in its October 2018 …
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Six months into her role as a member of Parliament, Paula Yacoubian has been busy doing what she can in a difficult situation, given that a new government has not …
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Real estateSpecial ReportUrban planning
Pegged urbanization and the (in)stability of Lebanese capitalism
by Bruno Marotby Bruno MarotTen years ago, the massive failure of subprime mortgage holders and lenders in the United States dealt a devastating blow to the world economy. The worst international financial, economic, and …
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Marketing playsReal estateReal estateSpecial Report
The scramble to sell as Lebanese real estate nears crisis point
by Jeremy Arbidby Jeremy ArbidTimes are very tough for Lebanon’s real estate sector. After years of poor demand in the upper and middle segments of the housing property market, demand for entry level units …
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Real estateReal estateSpecial ReportSubsidies
BDL decision upends plans of prospective first-time homeowners
by Jeremy Arbidby Jeremy ArbidJust when you thought you could not disappoint teta any further, news that your home loan has been put on ice will surely do the trick. For the first time …
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OverviewReal estateReal estateSpecial Report
Survival of the fittest for Lebanese real estate developers
by Jeremy Arbidby Jeremy ArbidComing into 2018, Lebanon’s real estate market was already sputtering. For several years, real estate developers have complained of worrying market conditions—always hoping that the next year will be better, …
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While it is widely assumed that Lebanon’s real estate business is rife with unethical dealings, only a few detailed examples of wrongdoing actually come to light. In the case of …
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Since 2013, Banque du Liban (BDL), Lebanon’s central bank, has announced over $6 billion in annual stimulus packages to prop up the country’s faltering economy. A range of sectors, from …
