News Archive

National Holding Group expects to complete the construction of its projects in Lebanon in 2013

13 - March - 2012

The construction works continued in full swing on the projects of National Holding Group (NHG), a subsidiary of National Real Estate Co. (NREC), where the sales for Pearl project have reached 43% and is expected to hit the 70% mark by the end of 2012. The company is preparing to start the 3rd phase of construction works of the project and is expected to be completed according to the timetable in June 2013.

With regards to the West End project, the company has achieved sales of up to 25% of the project, and aims to increase the sales percentage to reach 60% by the end of 2012.

Currently, the West End project is in its 3rd phase of construction, were construction work for seven floors have been completed. The project is expected to be completed by March 2013.

As part of the company's expansion plan in the real estate investment projects, NHG is working on the necessary arrangements for purchasing new lands in Lebanon during the third quarter of 2012.

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