Alex Demirdjian (Demco Group): “Bad Cycles Are A Blessing for The Future”
“The activity of real estate has slowed down but the Lebanese don’t have the tendency to sell their property or decrease its value.”
imported 2024-03-17 17:43:07
“The activity of real estate has slowed down but the Lebanese don’t have the tendency to sell their property or decrease its value.”
“The trend in real estate, especially residentially, is smaller apartments. Smaller apartments do not mean less quality or worse way of life; they mean better designs, better quality in a smaller space and with compensation.”
Capstone Investment Group acquired Laziza Brewery in Mar Mikhael area of Beirut. “We are turning it into lofts with the renowned architect Bernard Khoury.”
“There is a big switch in terms of where people are living. Many of the high end ones which is what we provide are investment properties for onward rental. We see a big change in the expatriates who live in Ghana.”
“Design is the key factor to changing the business and development mentality in Africa, to make them more attractive, human and meaningful.”
“We consider cultural imagination and reflection as a base for our designs and as a key to the unique styles that we propose,” says Hussein Fakhry, Principal Architect & Managing Director of Key Architectural Company.
One Airport Square is the first commercial building not only in Ghana but in West Africa, with the green certification.
“The market has changed significantly since we started here six years ago,” states Carlo Matta, CEO of Laurus Development Partners.
Dream Realty’s project The Octagon is today at the finishing stage.
“There are still new real estate projects coming into the country which is a good sign for the future. The downturn was expected,” says Karim Ibrahim, Managing Director of Dream Realty.