REAL ESTATE

The main acquired property has 53,000 square meters of rental space in the Midtown Toronto business district.

Afcon's share price fell 20% in the previous five trading days after the company reported a NIS 25 million third quarter loss.

The buyer intends to convert the listed building, in a central Jerusalem location, to a hotel.

As construction company shares peak, current trends indicate steep price rises in 2020.

Although WeWork is laying off thousands of employees worldwide, it seeks to expand in Tel Aviv.

The sale is aimed at increasing liquidity and avoiding a going concern warning for IDB.

CEO Eyal Lapidot unveiled his strategy for the coming years: "Shikun & Binui has a great deal to do, and a great deal of value to create."

Shikun & Binui's share price has risen 153% so far this year, on expectations of improve results under new CEO Eyal Lapidot.

The two insurance companies are partnering with Yehuda Barashi's LRC group.

Lapidoth Capital and Altshuler Shaham Provident and Pension will take over the company and delist it from the stock exchange.

One month after approval of an urban renewal plan in Rehovot, the Priority Areas Planning Committee has approved construction of thousands of apartments there.

Maimon is investing over NIS 500 million in Isramco's ultimate parent company, making his de facto control official.

The Tel Aviv District Planning and Building Commission approved for deposit a plan for the site, located between Yigal Allon Street and the Ayalon Highway.

Alrov Properties and Lodgings purchased almost 5% of Clal Insruance for NIS 150 million.

The planning authorities and the Transport Ministry are demanding design changes that Azrieli Group calls "totally impractical."

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

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

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.

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.

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

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