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It is in line with these values that the GreenStone brand has been created and operated through a dedicated subsidiary GreenStone (holding) s.a.l.
Greenstone Real Estate Development S.A.L.
Each real estate project is developed within an autonomous legal structure that would help guarantee good planning and transparency.
The first venture “L’Armonial” involves the construction of a 20-storey building in conjunction with the preservation of a Beirut architectural landmark of the French-mandate era dating from the 1920/30s, on a 1900 m2 plot of land in Achrafieh,known as one of the most prestigious areas of the capital-city of Beirut. As a city filled with architectural landmarks, Beirut is unfortunately facing the “mass” destruction of old buildings under the current of real estate developers.
The second project, La Brocéliande, located in one of Beirut’s high-end suburbs -Yarzeh-, is a villa-like exclusive four-storey building perfectly integrated within a high-density tree plantation area.
La Brocéliande owes its name to the legendary celtic forest who had a reputation in the medieval imagination as a place of magic and mystery. It also conveys the greenness of the area in which the project is located.
La Brocéliande will be the first residential project in Lebanon to be certified BREEAM, the world's most widely used environmental assessment method for buildings, created in 1990.
Through such initiatives, GreenStone aims at positioning itself as a reliable brand providing high-quality products and applying urban responsible development.
The GreenStone team is fully involved at the various stages of a real estate project, namely the creation of the development idea, controlling the vacant site/ land, completing a preliminary market feasibility study, having the preliminary plans and specifications drawn, completing the engineering final plans and specifications, estimating the final costs, completing a discounted cash flow analysis of inflows and outflows, analyzing the various risks associated with the proposed development, implementing the actual construction and marketing & selling.
Greenstone Properties
Greenstone is also involved in property investment & management with acquisitions in Paris (France), Doha (Qatar) & Abu Dhabi (UAE).
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