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REAL ESTATE

Aaron Frenkel and Nathan Hetz  credit: Eli Etkin, Tamar Matsafi Frenkel ups Alony Hetz stake to become biggest shareholder

Aaron Frenkel has bought shares in the company for NIS 60 million, giving him a 13% stake, leapfrogging CEO Nathan Hetz who owns a 12.5% stake.

Frankly project on Tel Aviv's Salame Street credit: PR Florentin apartment fetches NIS 11.5m

The Tel Aviv apartment at 44 Salame Street, on the border with Jaffa, is being built by Yuvalim-City Boy.

Tel Aviv residential towers credit: Tamar Matsafi and Eyal Izhar Location, location, location. How true is it in Tel Aviv?

"Globes" examines prices in residential towers in the city to see whether the old real estate adage applies to Tel Aviv.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Givatayim, Herzliya, Kfar Saba, Kokhav Yair-Tzur Yigal, Netanya and Bet Hefer.

Jerusalem credit: Shutterstock Israeli home purchases by foreign residents jump 50%

About 1,900 homes were bought by foreign residents in 2024, with Jerusalem the most popular place to buy.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Jerusalem, Ramat Gan, Kiryat Ono, Rosh Ha'ayin, Gedera and Kiryat Bialik.

Ibis Hotel Jerusalem inset Shlomo Dahokey credit: PR Hotel co Pie Siam completes TASE IPO

The company operates two Ibis Hotels in Jerusalem and a hotel in Tel Aviv with Isrotel and is building six more hotels.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Bat Yam, Rehovot, Nesher, Karmiel, Beersheva and Dimona.

Tel Aviv Carlebach Street complex credit: Eyal Izhar TA Municipality unveils plans for Carlebach Street

The initial design includes four buildings facing Carlebach Street, 9-15 floors high and with a commercial ground floor, and behind them several more 30-floor towers.

Housing prices continue to rise credit: Tali Bogdansky Housing price rises gain momentum

Housing prices in Israel have risen by 7.8% over the past year according to the latest Central Bureau of Statistics figures.

New construction in Israel credit: Shutterstock Record mortgage taking in Israel in December

Last month beat the previous monthly record for mortgage taking of NIS 13.4 billion in March 2022, the Bank of Israel reports.

Tel Aviv's Gat Rimon project credit: PR "Tel Aviv prices are more expensive than Champs-Elysees"

YBOX CEO Yossi Turgeman says 10 out of the 11 buyers so far in Tel Aviv's Gat Rimon project are foreign residents, paying more per square meter than along Paris's prestigious avenue.

Beit Hasofer project credit: PR Tel Aviv penthouse sold for NIS 20m

A penthouse under construction as part of a historical building at 6 Kaplan Street in Tel Aviv has been sold for NIS 20 million in bare shell form.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Givatayim, Netanya, Modi'in, Rehovot, Hatzor Haglilit and Ofakim.

Metro credit: Bar Lavi Plan for Metro station surrounds seen sparking construction rush

National Outline Plan 70 covering the areas around Metro stations in Gush Dan provides the certainty that real estate developers have been craving.

Amir Shaltiel  credit: Eyal Izhar Allied Group to pay Amir Shaltiel NIS 200m for Metropolis stake

Metropolis carries out urban renewal projects in central Israel. The deal values it at NIS 800 million.

Long term rentals in Tel Kabir Tel Aviv credit: Shlomi Yosef Gov't plans for long-term rentals fall far short

Ten years ago the government set out to transform Israel's long-term rental market. Since then only 5,000 apartments have been built.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Jerusalem, Givat Shmuel, Yehud-Monosson, Yavne, Kfar Vradim, and Arad.

Kiryat Ata mall credit: Kfir PR Timora buys Kiryat Ata mall and offices for NIS 134m

The mall and office complex, which was built by Azrieli Group, is being sold by Kfir Group owned by Avi Ohayon.

Samir Khosla  credit: Morag Bitan Samir Khosla: Israel rivals India in over-regulation

Indian manpower corporation Dynamic Staffing Services chairman Samir Khosla describes the highs and lows of supplying workers to Israel's war-hit construction industry.

Metro credit: Bar Lavi Ra'anana station moved as final section of Metro approved

The M1 line northern section comprises 28 kilometers with 20 stations, which will link Kfar Saba and Ra'anana to the center of the metropolitan region via Herzliya, Hod Hasharon and Ramat Hasharon.

Villa Sherover credit: Nimrod Levi Yoma Architects Jerusalem records Israel's most expensive housing deals

"Globes" lists the most expensive housing deals in 2024 in Israel's ten biggest cities.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Tel Aviv, Bat Yam, Or Yehuda, Modi’in, Yokneam Illit and Jisr az-Zarqa.

Home rental  credit: Eyal Izhar Rents resume steep rise

After a pause in the first six months of the war, rents in Israel are again on an upward trend, with new tenants especially affected.

Inflation credit: Tali Bogdanovsky November CPI fell further than expected

While inflation is falling in Israel, housing prices are back on the rise, the Central Bureau of Statistics reports.

Tel Aviv's Ramat Hahayal Photo: Shutterstock 750 apartments approved for Tel Aviv's Ramat Hahayal

The Tel Aviv Local Planning and Building Committee has dismissed objections to Dan Real Estate's planned project at the entrance to Tel Aviv's Ramat Hahayal.

Tel Aviv Mayor Ron Huldai credit: Shlomi Yosef "We don't learn from others, we think we're smarter"

Tel Aviv Mayor Ron Huldai slams the government's transport policy, which worships the car, and still insists that closing Sde Dov airport was a mistake.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Ma'aleh Adumim, Bat Yam, Bnei Brak, Rehovot, Ganei Tikva, and Akko.

700 objections on plan to cover Jerusalem's Begin Highway

Under the plan a 1.6 kilometer stretch of Begin Highway will be covered linking Beit Hakerem and Givat Ram.

Architects chosen for new Negev hospital

The winning firm is Rubinstein Ofer with Canadian architects Tye Farrow.

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