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iloubnan.info > Business > Business in figures > Final distribution Estimation of Downtown areas
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Final distribution Estimation of Downtown areas
By Nicolas Sbeih (Implicit Consultants) | February 20, 2008
These estimates aim at giving an idea about the various activities of the City Centre, but these figures may change on the long term depending on demand. At the beginning of 2008, more than a half of the building space was achieved or is under development. And most of the projects are the work of private companies, with predominant Arab Gulf investors. The law on foreign ownership of land gives them the right to hold up to 3% of the area of each caza, but 10% in Beirut. In late 2007, the proportion was nearly 5%.

Final distribution Estimation of Downtown areas by type of Business (in thousands m2)
Offices 1 582
Residential 1 959
Business space 563
Cultural spaces/ public administration 386
Hotels 200

Total

 4 690

 

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