The Trend in Lebanese Real Estate Is Smaller Apartments — Karim S. El-Hajjar

“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,” says Karim S. El-Hajjar, Chairman of H.E.C. Holding.

“That compensation is a clubhouse, a place where instead of inviting 40 people over to dinner in your apartment you can invite them to the clubhouse building in the community that you can rent as part of the community for your event. This is what we are developing now at H.E.C; we are creating communities that can provide these services.”