This offering is a unique opportunity for real estate developers and investors to purchase eight prime located development plots in Beirut Gate, a luxury residential, retail
and business hub within Solidere, central Beirut.
Potential uses include luxury residential, contemporary office space, retail, hotels, serviced apartments, leisure & cultural.
Beirut Gate has been designed to stand out as a “quartier” or “district” within Solidere yet blend in with the overall environment. Beirut Gate offers real estate developers and investors eight development plots that permit a built up area (BUA) per plot ranging from 13.116m2 to 43.568m2. All development plots will have ample underground car parking.
2 globally renowned international architects have been commissioned to design 5 of the buildings: Christian de Portzamparc (France) and Arquitectonica (USA).
2 of Lebanon's most famous architects have been commissioned to design 3 of the buildings: Nabil Gholam and ERGA.
Plots will be sold with the necessary approvals to commence construction.
Based on prudent financial assumptions, real estate developers and investors who acquire plots in Beirut Gate should obtain an internal rate of return (IRR) of at least 18% assuming current revenue expectations, industry standard construction methods, programme and specifications.
The promoter of Beirut Gate, Abu Dhabi Investment House (ADIH) is one of the GCC's leading investment banks.