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REAL ESTATE

Real estate developers tiptoe back into Beirut amid crisis and uncertainty

After several years of stagnation, housing construction projects in Beirut are picking up again. Despite ongoing crises and the conflict in southern Lebanon, the city is witnessing a resurgence in building activity.

Real estate developers tiptoe back into Beirut amid crisis and uncertainty

The construction site of the Mono 95 project along rue Monnot in Beirut's eponymous district. (Credit: Guillaume Boudisseau)

Once absent from the urban skyline, cranes are now reappearing across the streets of Beirut.Some have stood still since 2019, when the country’s financial collapse began, while others have only recently arrived at new construction sites. This...
Once absent from the urban skyline, cranes are now reappearing across the streets of Beirut.Some have stood still since 2019, when the country’s financial collapse began, while others have only recently arrived at new construction sites. This...