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REAL ESTATE

New housing in Ashkelon Credit: Shutterstock Yuri Dondish Sharp fall in new home sales in Israel

23,800 new homes were sold in Israel in the first half of 2022, down 11% from the first half of 2011, the Central Bureau of Statistics reports.

Mortgages credit: Shutterstock Mortgage taking in Israel fell in July

Mortgage taking in July 2022 amounted to NIS 10.1 billion, 12% down from July 2021, the Bank of Israel reports.

Israeli apartments Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Ramat Hasharon, Harish, Haifa, Afula, Kiryat Malachi, Beersheva and Arad.

Intel Kiryat Gat Kiryat Gat provides Intel with option to expand

400 acres more has been zoned for industry as Intel mulls a third plant in the city to meet global chips shortages.

Jaffa penthouse Credit: Amir Goren Sotheby's International Realty Aby Rosen seeks buyer for $65m Jaffa penthouse

Israel Sotheby's International Realty marketing director Itay Gurevich told "Globes," that there are several Israelis who have recently expressed interest in buying the property.

Jerusalem Western entrance Credit: Eden, Jerusalem spokesperson Tenders issued for more Jerusalem western entrance lots

Jerusalem's Western entrance project is one of the biggest construction projects in the country.

Israeli apartments Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Herzliya, Shoham, Ashdod, Harish, Haifa and Yokneam.

Haifa Port Credit: Shutterstock Adani presents ambitious plans for Haifa Port

A presentation to investors in India outlines plans to take loans of  NIS 3 billion and build hotels and stores on Haifa Port seafront.

View from a new apartment in a Tel Aviv tower  credit: Shutterstock Israel's luxury home market: Less busy, still pricey

The first half of 2022 saw few mega-deals, but outside of Tel Aviv, Jerusalem and Herzliya there were some surprises.

Corex House Credit: Timora Fund Timora Fund buys Corex House in Raanana for NIS 110m

The deal in Ra'anana's high-demand Kiryat Etgarim park is the first for the fund after its first raise of NIS 300 million.

Israeli apartments Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv, Holon, Bat Yam, Rishon Lezion, Beer Yaakov, Rehovot and Ra'anana.

Givatayim Credit: Shutterstock Givatayim to go high-rise

The city's new northwest plan calls for high-rise towers along Katznelson and Aliyat Hanoar Streets near the boundaries with Tel Aviv and Ramat Gan.

Mortgages credit: Shutterstock Mortgage taking in Israel remains very high despite rate hikes

The total of new home loans taken in Israel in June was NIS 11.9 billion, the Bank of Israel reports, up from NIS 11.6 billion in June 2021, the Bank of Israel reports.

Israeli apartments Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Ramat Gan, Holon, Ness Ziona, Lod, Hadera, Afula, Nahariya and Beersheva.

Gadi Elikam Credit: Avishay Finkelstein Sella buys real estate from Mirilashvili for NIS 431m

Sella Capital is buying six floors of offices and 90 underground parking spaces in the North Ha'arba'ah Tower in Tel Aviv, as well as 80% of a Holon commercial center.

Bat Yam Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Tel Aviv, Ramat Gan, Rehovot, Modi'in, Kiryat Haim and Beersheva.

Shay Livnat  credit: Omer Hacohen Livnat family sells server farm stake

The Livnat family has sold 49% of MedOne to US private equity firm Berkshire Partners.

Inflation Credit: Tali Bogdansky Israel CPI up 0.4% in June, as inflation edges higher

This is the second successive month that the CPI has been below the economists' forecasts but housing prices continue to soar.

Netanya Photo: Shutterstock Netanya takes lead in new home sales

Netanya tops the table as new apartment sales in Israel fall 10%, the Central Bureau of Statistics reports.

Ashdod Credit: Shutterstock Ashdod rapidly becoming Israel's new retail hotspot

IKEA and Carrefour have targeted the city for their new stores while huge new shopping centers are being built.

Housing in Modi'in Credit: Shutterstock Housing purchases down 7% but more young couples buying

53,400 apartments were purchased in Israel between January and May 2022, compared with 57,300 in the first five months of 2021.

Glil Yam Credit: Eyal Izhar Herzliya provides huge govt subsidized bargains

Identical apartments in Glil Yam have been bought at prices NIS 1 million apart, due to the Buyers Price program. "Globes" looks at the pros and cons.

Tiberias central bus station Credit: Eyal Margolin Nitsba threatens 10 central bus stations with closure

The real estate company is seeking either higher rents and management fees, or vacating the land so it can be rezoned.

Israeli apartments Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Rehovot, Yavne, Haifa, Akko and Beersheva.

Shlomo Gutman, Amir Biram, Ariel Rotter  credit: Sharon Gabay JTLV raises NIS 2.1b for third real estate fund

The investment came from some of Israel's largest financial institutions. The fund already has three deals in hand.

Tel Aviv's landmark Project Credit: Studio 84 Tech slowdown spooks Israel's office market

Some companies are reluctant to sign new leases, but realtors are confident that all the new towers in and around Tel Aviv will find tenants.

Demolition and reconstruction in Rova 4, Tel Aviv  credit: Shlomi Yosef Tel Aviv leads urban renewal, with prices to suit

Over a third of all building starts in Tel Aviv are concentrated in one small area around Kikar Hamedina.

Parkomat installation Credit: Company Website Robotic parking co Parkomat raises NIS 23m in TASE IPO

The Ness Ziona-based company plans, develops, delivers, assembles and services mechanical and robotic parking systems for real estate projects in Israel and abroad.

Israeli apartments Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Tel Aviv, Ramat Gan, Haifa, Rehovot, Harish and Beersheva.

Impression of Sde Dov neighborhood, Tel Aviv  credit: Tel Aviv Municipality TA Municipality issues design rules for Sde Dov development

The new neighborhood in north Tel Aviv will have a variety of construction, with towers of up to 45 floors.

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