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Lebanese real estate.

Asia Africa Intelligence Wire

| June 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Arabies Trends)

Byline: Peter Speetjens BEIRUT

BeirutOs real estate market has been booming since 9/11, when Arab investment began to turn

inwards, and interest in the sector began to take off. Now, along BeirutOs palm-fringed

Corniche, a string of luxury skyscrapers is rising from the ground. Most eye-catching are the

three 150-meter residential towers whose average price tag is some $4,000 per square meter.

The towers combine state of the art design with a magnificent view over both sea and

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