Engineering Partner in Jordan
I think what probably makes us special in this part of the world is that we are strategy focused. We actually are proactive.
imported 2024-03-17 17:43:07
I think what probably makes us special in this part of the world is that we are strategy focused. We actually are proactive.
There has been a sort of freeze in supply and increase in demand which is causing the increase we saw in the first six months of 2010.
Real estate prices have been rising quickly since the end of the Israeli-Lebanon war in 2006. But the real estate market in Lebanon is unique. Although prices are skyrocketing as they are in many other countries, the real estate market has little speculation.
View the top Real Estate Management Companies in Lebanon. According to the Bank Audi Research, the activities in the Lebanese real estate sector are slowing down in 2012 due to the ongoing domestic political strife and regional instability. The total value of real estate transactions grew by 6.7% in 2011; the January – April 2012 period recorded 4% y-o-y increase in comparison with the same period in 2011. These figures are very low compared to the 32% annual growth which was recorded since the 2005 real estate boom in Lebanon.
As a company that specializes in construction materials we have a great interest in Lebanon. We have been studying Lebanon with very close observation: the political stability, the security of the economy. The government has assured us that there will be a very healthy budget announced soon.
The Lebanon real estate sector was not affected and there is a real demand in Lebanon real estate. UAE is also productive for the real estate business and we were involved there before we were even involved in Lebanon. When the crisis started Dubai was hurt much more than other countries in the real estate market due to speculation instead of investment.
Sustainability today is a reality, not a luxury and you have to look at the environment seriously in design and construction. We are fully committed to to the concept of sustainability and we’re doing what is humanly possible to move in that direction. Sustainable solutions start at the master planning stage.
We’ve worked in Lebanon construction and world construction for more than 65 years. Tabet Construction worked in very difficult countries and delivered. We are not only present in Lebanon Construction but in the Congo we have four or five projects, and we worked with Turkey and the Indians. Tabet Construction has a strategy and a good staff.
Matta Contracting is a family Lebanese contracting company; one of the biggest and oldest in Lebanon, started more than 60 years ago. The particularity of this Lebanses contracting company is that it stayed in Lebanon, and our priority is Lebanon. We worked in Lebanon during the war, during good times and difficulties. We are happy that we stayed in Lebanon, because now with the boom we’re one of the companies ready to face all of the challenges.
As Quality Construction Company, Lebanon construction company, we are opening offices in new countries. I look forward to see our subsidiary Lebanon Quality Construction Company and Quality Investment Group business plans put to execution and be ready to expand further. We intend to become a significant player in the investment, construction and real estate industry in Lebanon and elsewhere. To do so, we will have to evaluate prospects to sustain our objectives and this could lead us to become public in the future.