A real estate company with a capital of $1 billion is expected to be launched by Massaad Fares and Namir Cortas in the first half of 2017. The company will buy and sell built real estate properties under the directives of Intermediate Circular 427 issued by the Central Bank (BDL) earlier this year.
The new firm's capital will be raised through a collective investment scheme (fund). Med Securities has been appointed as the leading placement agent and subscriptions will be carried out thro...
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