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Beirut’s $25m parking lot

September 16, 2007 10:00 by

real estate, Lebanon

On a crowded corner in Ashrafiyeh - the Christian side of Beirut - the Bilbao apartments are rising rapidly from the ground. A few meters away, fresh paint is being applied to the ABC mall facade, blackened by a huge bomb that shook the neighborhood a few weeks ago. Remarkably, all the Bilbao apartments have sold briskly, and at satisfying prices.

That Lebanese resilience is more than a clich

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