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REAL ESTATE

Construction in Jerusalem  / Photo: Shutterstock, Shutterstock.com Home sales slump in Israel's biggest cities

The number of annual real estate deals has fallen in recent years in Jerusalem, Tel Aviv and Haifa, the Madlan website reports.

Yitzhak Tshuva Tshuva's Elad Group raises NIS 500m bond on TASE

Elad Group handles Tshuva's real estate business in North America.

price gun  photo: Tamar Matzafi CPI unchanged in December, home prices still rising

Correction: Israel's Consumer Price Index rose by 0.6% in 2019, well below the government's 1%-3% target range for inflation.

Alfred Akirov Alfred Akirov mulls IPO for Swiss unit

Epic Suisse, which holds commercial centers, offices, and distribution centers, has a NIS 4.3 billion value.

South Glilot ILA pushing for 9,800 new homes in Glilot north Tel Aviv

Israel Land Authority (ILA) is asking that authority for the huge Glilot site plan be taken away from the Tel Aviv District Planning and Building Commission.

new apartments New home sales rose in 2019

More new homes were sold in the first eleven months of 2019 than in all of 2018, the Central Bureau of Statistics reports.

Buyer Price project in Yavne  photo: Eyal Fisher Number of Israelis owning two homes up to 10%

27.5% of households in Israel owned no home in 2018, compared with 28.2% in 2017, the Central Bureau of Statistics reports.

New Gilo neighborhood  / Imagin: IL Viewpoint New housing to replace Jerusalem absorption center

The 1970s building in Gilo will be replaced by a new neighborhood of 1,032 apartments.

San Francisco Harel in fourth San Francisco office building deal

Insurance group Harel has bought 33% of the rights in two buildings in San Francisco's South Financial District.

MATAM High-Tech Park, Haifa  / Photo: PR Atlit to build industrial park

The Matam technology park and business zones in Tirat HaCarmel and Yokne'am are already competing for businesses.

Jerusalem underground park and ride lot / Photo: PR Electra to build Jerusalem entrance park and ride lot

The underground park and ride lot beneath Shazar Boulevard will have 1,370 parking spaces.

Eitan Wertheimer  / Photo: Yossi Cohen Wertheimers sell Galilee land for NIS 600m

The Menivim REIT fund has bought three sites in the Tefen industrial zone and land and buildings in Nahariya.

Tel Aviv jam Photo: Eyal Izhar Clal Insurance teams with Allied on new Tel Aviv tower

Clal Insurance will invest NIS 150 million towards the cost of the land and construction of a 34-floor office tower.

Tel Aviv luxury apartments Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Nertanya, Ashdod, Arad and Eilat.

Barak Rosen  Real estate developer Israel Canada raises NIS 121m

Since last summer, together with its partners, it has concluded and pushed forward projects totaling nearly NIS 1 billion.

Blilious Compound 263 homes approved for Jerusalem's Jaffa Road

The Blilious Compound is between Jaffa Road and Shazar Boulevard, near the western entrance to the city.

Big Glilot Mall Big begins construction of Glilot mall

After a four-year delay, Big Shopping Centers has finally been granted a revetment and digging permit for the site in Ramat Hasharon

Carmel market Tel Aviv  / Photo: Shutterstock, Shutterstock.com Israel's street markets fast disappearing

Young people and tourists are drawn to Jerusalem's Mahane Yehuda and Tel Aviv's Carmel market. But elsewhere markets are losing out to supermarkets.

Bernard Raskin / Photo: Israel Cohen RE/MAX Israel CEO blames gov't for housing price rises

Bernard Raskin warns that young people will pay more for housing and higher rents because of the government's measures.

Ha'araba'a Towers  / Photo: Guy Lieberman , Globes Clal Insurance buys Tel Aviv offices from Teddy Sagi

The four floors in Ha'araba'a Towers are rented on a long-term lease to Rafael Advanced Defense Systems.

Tel Aviv luxury apartments Apartments sold and rented

A selection of recent real estate deals in Israel including in Tel Aviv, Herzliya and Netanya.

New housing in Avshalom near the Gaza border / Photo: Company for Promoting Expansion Projects Chances dwindling of dream Israeli house and garden

In 2010, 40% of homes built were houses compared with 23% last year. But construction of houses near the Gaza border is booming.

Benjy Singer / Photo: Shlomi Yosef , Globes WeWork Israel targets disadvantaged locations

WeWork Israel general manager Benjy Singer is confident the company will overcome its upheaval and plans providing offices outside the main high-tech centers.

Parking in Tel Aviv  / Photo: Shlomi Yosef Some Tel Aviv homebuyers prepared to forgo parking

With parking adding NIS 500,000 to the cost of an apartment in Central Tel Aviv, buyers are often ready to adapt their lifestyle.

Eduardo Elsztain Elsztain: I invest for my great-grandchildren

Despite the losses, debts, conflicts with regulators, and abandonment by his associates, IDB chairman Eduardo Elsztain is sure he's in the right place.

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.

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