Foreign investment in land totaled $650 million in January-July 2005, 81% of total investment in land in 2004.
Foreign investment in Israeli land and housing is continuing, especially in luxury areas. Foreign investment in land totaled $650 million in January-July 2005, 81% of total investment in land in 2004, and reflecting an annualized foreign investment of $1.1 billion: an all-time record.
Foreign investment in land has totaled $1.92 billion in the past two and a half years, amounting to 32.7% of direct foreign investment and 9.8% of total foreign investment in Israel during this period. Total investment in land and housing since 1998 is $2.87 billion.
Published by Globes [online], Israel business news - www.globes.co.il - on August 14, 2005