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REAL ESTATE

431 railway line  credit: Anat Daniely Lev Road 1 to close nights next week to complete railway bridge

Work on the 431 railway bridge, originally set for one Shabbat, will now be carried out over at least four nights.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Herzliya, Modi'in, Kfar Yona, Nahariya, Beersheva and Dimona.

Dubnov Street parking lot  credit: Tamat Matsafi Israel Canada buys prime Tel Aviv site for NIS 443m

A 45-floor tower will be built on the site between Dubnov Street and Leonardo Da Vinci Street, which currently serves as a parking lot.

Dan Parness credit: Lenny Ben Bassat Carasso to build 3 towers on Tel Aviv head office site

Carasso plans building three towers of 41-48-floors each with 410 housing units including 144 affordable homes, as well as 111,500 square meters of office, commercial and hotel space.

Tel Aviv's planned Azrieli Spiral Tower Tel Aviv looks to the skies

In the coming decade, the current tallest buildings in Tel Aviv, Ramat Gan and Givatayim will be dwarfed by a new generation of high-rise developments.

New homes credit: Shutterstock New home sales in Israel up 21% in Q1

According to the Central Bureau of Statistics, 23,250 new homes were sold in the first quarter of 2024.

Residential construction in Ashkelon  credit: Shutterstock/Yuri Dondish April mortgage taking shows continuing recovery

Mortgage taking in April 2024 was 28% higher than in April 2023.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Givat Shmuel, Hod Hasharon, Ramla, Shlomi and Kiryat Malakhi.

Eurocom Tower credit: Canada Israel Miloslavsky Architects Ramat Gan approves 60-floor Eurocom Tower

The plan is being developed by Canada Israel in Ramat Gan's Rishonim neighborhood near the Diamond Exchange.

TechMod tech-park aims to transform Modi'in

At an investment of NIS 1.15 billion, the project will provide 10,000 jobs in a city where 75% of residents work elsewhere.

Tel Aviv IMI lot Hashalom Street credit: Dimitri Spector Central Tel Aviv lot fetches NIS 644m

The Israel Land Authority (ILA) auction for the Israel Military Industries (IMI) lot on Hashalom Street in central Tel Aviv has been won by Acro Real Estate and Kata Group.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Jerusalem, Tel Aviv, Shoham, Rekhasim, Upper Galilee and Ashkelon.

Israel construction site credit: Shutterstock 8,000 Palestinians furtively employed in Israeli construction

A senior source in Israel's construction industry insists that about 8,000 Palestinian workers from Judea and Samaria have recently been given permits to work in Israel with 8,000 more expected to enter soon.

Nathan Hetz  credit: Tamar Matsafi Alony Hetz posts further revaluation losses

The losses are mainly on properties held by subsidiaries in the US, as the office market there continues to be slow.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Ramat Gan, Holon, Mazkeret Batya, Afula, Kiryat Tivon and Lahavim.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Ramat Gan, Rehovot, Hod Hasharon, Hadera, Karmiel and Netivot.

New housing in Israel credit: Shutterstock Housing deals in Israel show signs of recovery

In February 2024, 7,490 homes were sold, according to the Central Bureau of Statistics, up 27.4% from February 2023.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Or Yehuda, Elad, Pardes Hana-Karkur, Nof Hagalil and Beersheva.

Home loans   credit: Tali Bogdanovsky Mortgage loans back to pre-war level in March

The new home market is resurgent, but purchases of secondhand homes are stagnant, and mortgage loans are still below the multi-year average.

Rani Zim  credit: Eyal Izhar Rani Zim pulls NIS 250m deal in face of investors' anger

Zim had proposed that Group Psagot should buy his stake in Rani Zim Shopping Centers. He controls both companies.

Tel Aviv rental apartment credit: Shutterstock Tel Aviv apartment rents falling

With demand down and supply up as Airbnb apartments are released for long term rentals, Tel Aviv landlords are struggling to find tenants.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Beit Shemesh, Tel Aviv, Holon, Beer Yaakov, Ashdod and Atlit.

Home rental  credit: Eyal Izhar Tax Authority on trail of tax evading landlords

The Israel Tax Authority has begun to receive property ownership information from the Land Registry.

New construction in Israel credit: Shutterstock BoI: Construction market decline cut Q4 GDP NIS 25b

The Bank of Israel report says damage to GDP from the decline in the industry, which is mainly caused by a continuing severe shortage of workers, could reach 1.35%.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Netanya, Beer Yaakov, Rehovot, Southern Coastal Plain (Hashfela), Kiryat Motzkin, Migdal Ha'Emek, and Omer.

Israel Discount Bank campus credit: Eyal Tagar Office towers out, campuses in

As Mobileye inaugurates its NIS 1 billion Jerusalem campus, "Globes" looks at the growing trend, in which Israel's big companies are preferring campuses to office towers.

New construction in Jerusalem credit: Shutterstock Jerusalem asserts primacy in Israel's real estate market

Jerusalem has overtaken Tel Aviv in building starts and the number of new apartments sold, the Central Bureau of Statistics reports.

Adam Neumann  credit: Shutterstock Adam Neumann offers $500m for WeWork

Neumann was ousted from the company he founded, and which is now in bankruptcy proceedings, five years ago.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Givatayim, Bat Yam, Rishon Lezion, Ramat Hasharon, Gan Yavne and Katzrin.

Ayelet Shaked credit: Shlomi Yosef Ayelet Shaked earned NIS 1.5m in 2023 in part-time job

The former minister of interior and minister of justice enjoyed remuneration of NIS 1.53 million in 2023 from Kardan Real Estate.

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