Developer Namir Cortas and property broker and consultant Massaad Fares are launching the first fundraising round for an investment scheme, or 'platform', dedicated to buying unsold high-end properties in Beirut and its immediate surroundings.
The goal is to raise $325 million by promoting apartments ranging in price between $500,000 and $2 million, through Legacy Central, a company chaired by Fares and Cortas that will act as the investment manager.
"Legacy Central is a sales com...
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