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Beirut real estate market shows mixed trends, Ramco says

Virtually absent since 2020, developers are slowly returning to revive the construction sector, despite the lack of bank loans.

Beirut real estate market shows mixed trends, Ramco says

Overview of Beirut. (Credit: Guillaume Boudisseau/L'Orient-Le Jour)

At the start of 2026, Beirut’s real estate market remains tightly tethered to the region's political and security landscape. Near-daily Israeli bombings and targeted assassinations in southern Lebanon and the Bekaa Valley, the process of Hezbollah’s disarmament, and events in Iran continue to disrupt demand. Recurring threats of a new Israeli offensive in Lebanon have also dampened the upturn seen in the first quarter of 2025. However, not all sectors are equally affected.Land and commercial leasing are showing real momentum, though this is limited to a few neighborhoods and does not extend across the capital. By contrast, the office leasing market and apartment sales remain subdued. These contrasts reflect a fragmented market with sharp geographic disparities. Not all districts are evolving at the same pace. On the land market,...
At the start of 2026, Beirut’s real estate market remains tightly tethered to the region's political and security landscape. Near-daily Israeli bombings and targeted assassinations in southern Lebanon and the Bekaa Valley, the process of Hezbollah’s disarmament, and events in Iran continue to disrupt demand. Recurring threats of a new Israeli offensive in Lebanon have also dampened the upturn seen in the first quarter of 2025. However, not all sectors are equally affected.Land and commercial leasing are showing real momentum, though this is limited to a few neighborhoods and does not extend across the capital. By contrast, the office leasing market and apartment sales remain subdued. These contrasts reflect a fragmented market with sharp geographic disparities. Not all districts are evolving at the same pace. On the land...
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