How do you foresee the outlook for commercial real estate in Lebanon in the year 2023? Who better to ask than George Geha – team leader at JSK Real Estate with a proven track record in closing major commercial deals over the last 12 years in Lebanon.
Commercial real estate include among others:
-offices for sale and rent
-shops & showrooms for sale and rent
-warehouses for sale and rent
As per Geha, we are witnessing an increased demand of offices for sale and offices for rent in many areas in Lebanon such as Achrafieh, Sin El Fil and other areas; but the main increase of demand on commercial real estate is in Metn area namely in Dbayeh, Jal Dib and around. Corona and the latest economic crisis have severely hurt the commercial real estate sector in Lebanon as of 2019. But we may be starting to see the light at the end of the tunnel as we are sensing that businesses have hopes for 2023 and requests for offices and showrooms for sale or rent are improving day after day.
And to quote Geha, “I am receiving daily an increased number of calls requesting to buy or rent an office in Metn. And of course, JSK Real Estate is the leader real estate agency handling all major showroom and shop located on highway from Dora till Jbeil including showrooms in Dbayeh for sale or rent. You will witness soon many locations on Dbayeh highway that were vacant for many years and will be filled with new tenants and businesses in the near future. In the first 2 weeks of 2023, we have already closed 2 big rent deals for offices in Achrafieh and Dbayeh and one sale deal for office in Dbayeh. Add to that, we are about to close on another 2 large deals of showrooms for rent on Dabyeh Highway. I sense a very promising year for commercial real estate in Lebanon in 2023”.
Are you familiar with the term “Buyer Agent”? What about “Seller Agent”? What do those 2 terms mean?A buyer agent is typically the agent that handles the buyer. The seller agent is the agent that handles the seller.You would like to buy an apartment? You contact a real estate agency and you are typically transferred to an agent. The buyer agent role can be summarized as follow:...
On 19/9/2019, JSK celebrated its 9th anniversary in the presence of the company employees. It was a full day of celebration where the team ate drank and danced in the charming surroundings of Domaine de Padou. The team spirit was up as they were all proud of how far they came in the past 9 years to firmly establish JSK as the Leading Network of Real Estate agencies in Lebanon....
On Tuesday, May 17th, 2022, the whole team gathered in Jbeil and celebrated National Real Estate Day. The day began with a walk in Jbeil’s Old Souk, followed by a tour of the city’s citadel that dates back to the 12th century.The real adventure started once we embarked on a walk towards Amchit. The weather was perfect, the sun was shining along with a small breeze o...
Mrs Samar Hassan, General Manager of JSK, was featured by her company on Women’s International day. Mrs Hassan come with a vast experience in multi-national companies both in Lebanon and Europe followed by 10 years hands-on experience in the real estate brokerage field. She is a founding partner of JSK and she held the position of General Manager since 2017. A mother of two and...