THE first phase of Beirut Gate, a prestigious new real estate project in Beirut Central District, commonly known as Solidere, is being funded by the Abu Dhabi Investment House.
The $160 million private placement will to fund the development of the project’s first phase.
An integrated sea view project, Beirut Gate has been conceived as a landmark project at the entrance of the Beirut Central District, which is the financial heart of the city. The project comprises seven plots on a total foot-print area of 229,871 sqft and a built-up area of almost 1.9 million sqft overlooking the famous Martyrs’ Square of Lebanon, downtown Beirut and the Mediterranean.
Beirut Gate will be a mixed-use project encompassing commer-cial and a major residential component, enabling investments in the prime location within the capital city of Lebanon.