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REAL ESTATE

Herzliya airport Local c'ttee opposes plans for Herzliya airport

The Herzliya Local Planning and Building Committee says there is no adequate infrastructure for the 1,940 homes and commercial and office space that would replace the airport.

Tel Aviv luxury apartments Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv, Hod Hasharon, Pardes Hanna-Karkur, and Beersheva.

Tel Aviv offices  credit: Shutterstock Israel's office market recovering

Average office rent in Tel Aviv rose 4% to NIS 101 per square meter monthly in the second quarter, after falling 11% in 2020.

Jaffa  credit: Eyal Izhar Court dismisses petition against Arab-only Jaffa housing project

Tel Aviv District Court judge Hadas Ovadia found that the Tel Aviv-Yafo Municipality's criteria for the project did not amount to illegal discrimination.

Impression of Nesher quarry tower  credit: Miloslavsky Architects 54-floor tower approved for old Haifa area quarry

The tower is one of two planned for the new industrial and residential zone on the site of Quarry 4.5 in Nesher.

Impression of tower planned for 33-37 Hayarkon Street, Tel Aviv credit: Israel Canada 21-floor tower approved on Tel Aviv's Hayarkon Street

The tower, at 33-37 Hayarkon Street on Tel Aviv's seafront, will contain both a hotel and residential apartments.

Queen of Sheba Eilat Hotel  credit: Tamar Matsafi Astral buying Queen of Sheba Eilat Hotel from Yitzhak Tshuva

The hotel is one of the largest in Eilat. The price is NIS 458 million, or NIS 200 million net of debt.

Kikar Atarim Photo: Tamar Matsafi Parking lot purchase could spike Kikar Atarim towers plan

The parking lot under Tel Aviv's Kikar Atarim was bought by Sefi Tzvieli, a fierce objector to the plan to build 25-floor towers on the beachfront site.

Danna Azrieli  credit: Eyal Izhar Azrieli Group buys Norwegian data centers co for NIS 2.3b

Green Mountain operates three server farms in Norway, with potential for expansion.

Israel Canada sets up country's newest hotel chain

Undeterred by the Covid crisis, which provided opportunities, Israel Canada hotels head Reuven Elkes tells "Globes" about the hotels already open and those being built or renovated.

Vitania Tower Photo: Eyal Izhar Tel Aviv glass towers spread south

Having completed a first 40-floor tower near the La Guardia Interchange, Vitania is building two more, as high-rise office, hotel and residential developments spread south.

Tel Aviv's Ludvipol neighborhood Photo: Eyal Izhar Tel Aviv's forgotten neighborhood

In the shadow of the Kibbutz Galuyot Interchange, Ludwipol is a battleground between residents and real estate developers.

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