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Iran Is Buying Syria
(Al-Souria Net-Syrian Observer) Iranian traders have bought a large amount of Syrian real estate, primarily in the center of Damascus and Homs. Several hotels in the heart of Damascus - such as Al Iwan, Asia, Damascus International, Phoenicia and the Petra - have become the property of the Iranian embassy, in addition to shares in the luxury Semiramis Hotel. At Sky News, political researcher Ghassan Ibrahim said: "The [Syrian] regime has nothing to offer but real estate to Iran as guarantees in exchange for the huge amounts of money it spent to support the Assad regime."