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Solidere eyes $450m worth real estate sales

Beirut, May 30, 2010

Lebanese heavyweight real estate firm Solidere said on Sunday it was in negotiations with investors over real estate sales worth about $450 million, which it expected to sign over the coming months. 

The country's largest listed company posted a 2009 net profit stood of $182.2 million, marginally down from the 2008 figure of $182.7 million.

The company, which is the country's largest listed company, said in a statement that pretax profit was $214.9 million. - Reuters




Tags: real estate | Lebanese | Solidere |

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