Tuesday, September 8, 2015

Solidere revenues up by 50 percent in the first semester.

The Lebanese Company for the Development and Reconstruction of the Beirut Central District, Solidere, witnessed a growth of 50 percent in total revenues in the first half of 2015, compared to the same period last year.

Land sales rose by 300 percent to $26 million, which is the main reason behind the rise in the amount of revenues. Other revenues come from rented properties (+3 percent), rendered services (-19 percent), and hospitality (-78 percent).

The value of Solidere's total ...

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