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Lebanon’s resistant real estate In 2009, the real estate sector in Lebanon fared much better than its neighboring counterparts with transactions increasing 2.3 percent and reaching their highest values since the beginning of the decade, according to Bank Audi and the General Directorate of Land Registry and Cadastre. Sales transactions to foreigners also increased 17.6 percent during the year, despite the effects of the financial crisis on the regional economy. The value of property transactions rose 8.3 percent compared to 2008, reaching $7 billion, which also led to the increase in average value per property sale by 5.8 percent to reach $84,000. Real estate M&A down globally  Dealogic, the New-York based deal tracking firm, announced in early January that the 2009 global merger and acquisition (M&A) activity in real estate amounted to $151.9 billion (via 2,282 deals), 34 percent lower than in 2008 and the lowest level in six years.