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REAL ESTATE

Herzliya Photo: Shutterstock ASAP Creative National C'ttee approves Kiryat Shehakim plan in Herzliya

The plan is for 1,650 housing units in seven high-rises of 22-60 storeys, business and commercial space, and a metropolitan transportation center.

WeWork photo: Shutterstock Chrispictures WeWork starts layoffs in Israel

65 WeWork employees in the Midtown building in Tel Aviv received summonses to pre-layoff hearings.

UBS Photo: Reuters Tax Authority report shows tax evasion on rents rife

The report also covers cases arising from the unreported accounts held by Israelis at UBS.

Eitan Eldar / Photo: Yossi Cohen Eitan Eldar bets on UK real estate recovery

Eldar heads EEH Ventures, which has brokered sales of thousands of London housing units.

Danna Azrieli Photo: Eyal Yitzhar Azrieli records another strong quarter

Azrieli Group's market cap has risen 50% this year to NIS 32 billion.

Haoman 17 site Tel Aviv YH Dimri, Yahalomit Peretz acquire prime Tel Aviv site

The price for the 16-dunam site in south Tel Aviv, appraised at NIS 200 million, was NIS 355 million.

Rental homes in Jerusalem photo: 3division Rents in Israel rise but still lag home prices

The average monthly rent in Israel rose 1.6% in the past year to a record NIS 4,000.

Diamond Exchange site, Ramat Gan / Photo: Shutterstock, Shutterstock.com Diamond Exchange site makeover to triple density

Ramat Gan Mayor Carmel Shama Hacohen wants to create "the most prestigious and advanced business district in Israel."

inflation CPI rose 0.4% in Oct, home prices rise again

Israel's Consumer Price Index has risen by 0.4% over the past year, while housing prices have risen 1.9%.

New homes in Harish Photo: Shlomi Yosef New home sales up 58% in 2019

New homes sales in the first nine months of 2019 rose 58% over the corresponding period of 2018, the Central Bureau of Statistics reports.

Petah Tikva Sirkin plan  / Photo: PR 8,500 homes approved for Petah Tikva

The National Committee for Planning Priority Housing Areas approved the controversial plan for the Sirkin IDF camp being evacuated.

TLV Mall  / Photo: Cadya Levi Moti Ben-Moshe in talks to buy Gindi's TLV Mall stake

Ben-Moshe's Blue Square Real Estate already owns half of the financially troubled Tel Aviv mall and residential project.

Kiryat Eliezer  / Photo: Einat Levron Haifa unveils Kiryat Eliezer urban renewal plan

Towers of up to 22-floors will be built in the neighborhood, with a 3.5 ratio between new and demolished housing units.

Moti Ben-Moshe Moti Ben-Moshe eyes Mega

According to market sources, Ben-Moshe has held meetings to examine the acquisition of the Mega supermarket chain owned by Yenot Bitan.

Beit Shemesh Beit Shemesh: Israel's fastest growing city

At the end of 2018, Beit Shemesh had a population of 118,676, 62.3% up from 72,700 at the end of 2008, the Central Bureau of Statistics reports.

Traffic on Ayalon Highway Traffic jams drive companies out of Tel Aviv

Lengthening travel times are causing people outside Tel Aviv to look for work closer to home.

Quentin Tarantino and Daniella Pick / Photo: Amir Meiri, Globes Tarantino and Pick lease Tel Aviv house

US filmmaker Quentin Tarantino and his Israeli wife Daniella Pick will pay NIS 80,000 rent per month on the home.

Playtika's offices Playtika hires 100, leases Herzliya offices

The Israeli online games developer recently hired 100 people in Israel who will be employed in its Herzliya head office and the nearby newly leased offices.

Tel Aviv luxury apartments Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv and Hod Hasharon.

Avi Gruber New Ramat Hasharon neighborhood gets green light

The Neve Gan North neighborhood will is planned to have 3,100 housing units, and a bypass road to relieve congestion in Ramat Hasharon.

Street signs Israeli street names: Politicians out, artists in

In an era of political correctness, expect more streets to be named after Sephardi Jews and women, Prof. Maoz Azaryahu tells "Globes."

Adi Keizman Adi Keizman still says hello to Berlin

Despite bad publicity, customer complaints, and changing local rules, Israeli real estate whiz kid Keizman stands by his Berlin operation, but he's matured, and he's diversifying.

Nitsba's planned Tel Aviv Sarona hotel Nitsba to open six hotels in Israel

The company plans to open hotels in Eilat, Jerusalem, Haifa, and Netanya in the next two years and then an 800-room hotel in Tel Aviv and 250-room hotel near Ben Gurion airport.

Israel Innovation Authority offices in BE ALL Givatayim Innovation Authority sort of moves to Jerusalem

Despite moving to Jerusalem, some of the Israel Innovation Authority's employees are working secretly in Givatayim, "Globes" has found.

Planned Rehovot campus  / Imagin: Rosenfeld-Arens architects Apple-style Rehovot campus: Excitement and opposition

The plan involves 6,500 housing units and 700,00 square meters of business and commercial space in the east of the city.

Tree transplanting in Kikar Hamedina, Tel Aviv / Photo: Shai Tsabari Spare that tree, and spoil the plan

Israel's unclear rules on tree preservation create uncertainty for developers and homeowners.

Amir Kahanovich "Bank of Israel should cut rate below zero"

Phoenix Excellence chief economist Amir Kahanovich believes interest rates will stay low for years to come and real estate prices could rise significantly.

Givatayim lookout Photo; Shlomit Tsur Givatayim lookout threatened by new buildings

Mitzpor Shalom overlooking the entire Tel Aviv metropolitan area could be blocked by an urban renewal plan.

No shade in Dizengoff square Planners to start putting Israel into the shade

Shady places are about as rare as parking places in Israel's cities, but municipalities are finally addressing the matter.

Adi Dana / Photo: Moran Vizel "There's no office surplus in Israel"

Eldar Investments CEO Adi Dana says today's companies need up-to-date office space.

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