2019

Roman Abramovich bought the “Bet Hamaguen” building in Tel Aviv for 200 million NIS

The Russian-Jewish businessman Roman Abramovich is strengthening his investments in Israel. The property acquired by the billionaire includes 6,500 m² of office space. It is located near the Herbert Samuel promenade. It is estimated that Roman Abramovich plans to convert this property into a hotel. Also read: Singer Omer Adam bought an apartment in the Kikar Hamedina tower for 15 million NIS Calcalist...

kiryat ata

A construction plan for a hospital and 12,000 housing units in the north of Kiryat Ata has been approved

The plan is one of the largest and most complex approved in Kiryat Ata by the IDF, and has therefore raised quite a few objections. Also read: The heirs of Sami Shimon return 9 dunams to the Israeli Land Authority After 2 years of negotiations, the program covering 6,400 dunams has received approval. It will include: 12,000 housing units, A 2,200-bed hospital, 1.2 million square meters of office...

19-story towers will be built in the Ezra neighborhood of Tel Aviv

According to the plan, 470 apartments will be built in the southern city complex, in the Ezra neighborhood. The contractors will bear the costs of evacuating residents. Among the developers of the complex are Yishai and Sephi Moore from Maccabi Tel Aviv. Read also: The municipality of Tel Aviv lost 50 million NIS in the value of the parking lot at Atarim Square A construction project for 470 new...

Jerusalem: The Largest Number of Apartments

According to data from the CBS, Jerusalem, the capital has slightly more apartments than Tel Aviv, but the number of residents is twice as high. It was also found that between 2012 and 2018, the number of new housing units built increased by 12%, with the highest increase in Harish. Also read: Project to transform developing cities into residential, economic, and cultural centers In 2018, there were 2.6...

New housing in Bnei Brak: tens of millions of shekels in compensation…

What is the housing construction project in Bnei Brak? A construction project of 1,400 apartments spread across about 50 buildings will soon be implemented in the city of Bnei Brak, but before the bulldozers move onto the site, the municipality will compensate around 150 residents, most of whom are without permits. Also read: Project to transform developing cities into residential, economic, and...

Migdal Company Invests in Bnei Brak’s “White Elephant”

The insurance company will invest 400 million NIS in the construction of a 40-story office tower in the Dan business center in Bnei Brak. Twenty years ago, a shopping center was established due to a partnership conflict. Read also: New housing in Bnei Brak: tens of millions of shekels in compensation The real estate service of the insurance company ''Migdal Insurance'' purchased 75% of the BBC tower in...

Caution for the Sde Dov project

What will happen to the land of the former Sde Dov airport? After a long in-depth study with urban engineers and land experts, we have decided to withdraw the lands located in Sde Dov from sale. The transformation of agricultural land into buildable zones represents a significant impact. Furthermore, this would lead to very heavy burdens for landowners. They will have to pay unknown taxes at this time...

The municipality of Tel Aviv lost 50 million NIS in the value of the Atarim Square parking lot

The cancellation of the construction project for two 40-story towers results in a direct loss for the municipality of Tel Aviv. Indeed, the limitation of the building height to only 25 stories on Atarim Square led to this cancellation. Notably, this comes with a loss of several tens of millions of shekels in asset value. This stems from an expert opinion recently submitted to the Herzliya District Court...

A case of several hundred apartments in the heart of Tel Aviv…

Will hundreds of apartments in the heart of Tel Aviv come to fruition? Ronit Raphael is studying a construction project for 200 apartments on Bazel Street in Tel Aviv Read also: Exclusively for singles and couples without children: Lottery for 50 apartments for rent in Tel Aviv Businesswoman Ronit Raphael, owner of an international chain of cosmetic institutes, is considering merging two plots of land....

Only for singles and couples without children: Lottery for 50 apartments for rent in Tel Aviv

The superb lottery of 50 apartments for rent in Tel Aviv reserved for singles or couples without children: Read also: Opportunity – The euro strengthens against the Shekel These rental apartments for beneficiaries will have rents of about 4,500 NIS per month. This includes two-room apartments with an area of approximately 50 square meters. With a contract duration of three years with an option for two...

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