The first Business Park in Lebanon releases two more buildings for sale

Beirut, May 15, 2015:Waterfront City, the 250,000m²master-planned communityon the Dbayeh seaside, announced today the release of the second round of salesoftheir commercial property: The Business Park. After the success of The Business Park’s initial launchin February 2014 and the sell-out of 90% of the available units in the first round of sales, Waterfront City is now offering two new buildings with the opportunity to own premium office space in this state-of-the-art business park with efficient designs.


Waterfront City is a joint venture between Majid Al Futtaim Properties and Société Joseph G.Khoury Et Fils, bringing together regional and local expertise to provide the first business park in Lebanon which will transform the face of shopping, entertainment and leisure to ‘create great moments for everyone, every day.


Mr. Samer Bissat, Senior Development Director Waterfront City Majid Al Futtaim Properties -,said: “Over the years, we have made sure to position The Business Park as a unique offering in Lebanon. Commercial office space doesexist, but not in a fully-fledgedcommunity like Waterfront City, composed of a 12 building designed campus. The benefits of having 1600 parking spaces, surrounded by green open areas, a retail component, restaurants andother leisure facilities, are all distinctive elements for an advancedand productive environment.” He added: “The efficient design of the offices goes beyond the open floors and abundant sunlight across the office; it also provides the infrastructure through raised floors that facilitate the adoption of the most advanced digital technologies and connectivity services”.


In 2014, the first round of The Business Park offices was launched and was very well-received by purchasers who bought most of the offering within weeks of the release. Buyersincluded professionals from all around the country, entrepreneurs, established businesses, as well as regional companies looking to move into a business hub with advanced facilities and at the centre of a growing area at the coast of Dbayeh. It is expected that the offices in the two new buildings on offer will be highly sought out.


The Business Park is comprised of 12 buildings set in a campus style layout. It offers offices from 100m² up to full floors of 800m². The project is LEED certified and delivers one international standard allowing for abundant green spaces, common areas, and various retail facilities. The Business Park is situated at the centre of the Waterfront City in Dbayeh and is expected to house 6000 professionals in a future hub for business in Lebanon.


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