News

Huge deal in Hod Hasharon: four companies jointly purchased 150 dunams for 200 million NIS. The land located to the southwest of the city, near the new park, was purchased by Shapir (20.5%), Africa Israel, Elad, and Tzemach Hammerman, each representing 26.5%. According to the master plan of Hod Hasharon, which has not yet been approved, this area is supposed to change its designation for commercial...

Kahlon and Galant have decided that 7% of the land owned by the state will be allocated for social housing. The decision will soon be submitted to the for approval, but it is not final and may vary from 5% to 10%. The goal is to add 70,000 social housing units in the next decade. This means that in all cases where a contractor purchases land for construction from the Israel Land Authority (ILA), they will...

The mayor of Hadera is against the plan to build 6,000 apartments in the East of the city.In a letter to Zeev Bielski, chairman of the housing committee, Zvika Gendelman states that "it is unreasonable to proceed with this plan as long as the location of the Hadera-East airport has not yet been removed from the agenda." The mayor of Hadera, Zvika Gendelman, addressed the Minister of Housing and...

The land is located in the Neve Ne'eman employment area and is intended for the construction of two office towers with a total area of 30,000 square meters. The land was purchased through a purchasing group for 60 million NIS. The option was granted to the two groups as part of an agreement they signed with the owners to form a purchasing group that will establish a project comprising two office and...

The Levinstein Group, in partnership with Gil Development (50:50), has recently begun construction on a 31-story tower comprising 117 residential units in the new Hatzuk neighborhood of Netanya, located between Ir Yamim and the city center. This is the first construction project in the new neighborhood, which will include 3,000 housing units. The project is expected to be occupied in August 2021 and is...

Zehavi purchased a plot of more than one dunam at Africa Residences for 6.2 million NIS. Peretz also bought land from Lev Leviev for 5.5 million NIS. The land is located on Dekel Street, near the old Savyon. This is the last project sold by Africa Residences to Africa Investments as part of an agreement signed in 2006 between the two. Peretz bought a plot of one dunam from Hagit, Lev Leviev's daughter, for...

Moshav Ben Shemen has ceded the right to purchase its lands, which have been allocated for construction, to the real estate developer Aura for 45 million NIS. Aura will purchase the lands from the state without a tender. Moshav Ben Shemen and the construction company Aura, controlled by Yaakov Attracti, recently signed an agreement that is expected to bring 45 million NIS to the Moshav. As part of the...

This Sunday, he signed an agreement for the sale of land in the industrial zone of Netanya, in the north of the country, with Canada Israel, for 134 million NIS. Following this transaction, the company is expected to record a profit of 48 million NIS. The property is registered on a registered area of 72 dunams, which was purchased by Dorcell d’Urdan in 2005 for an amount of 54 million NIS and is...

The Internal Affairs Committee recommends not closing Sde Dov before receiving building permits During the committee meeting, members stated that a decision similar to that of Herzliya Airport should be implemented at Sde Dov: to only close the site when permits are received for the neighborhood planned for construction. MK Yoav Kish: "Sde Dov is a very important public resource that has provided...

The partnership between Weiss and Sufrin has received an option to purchase 3.5 dunams in Petah Tikva. This is a private plot located on Basel Street, in the Kiryat Aryeh employment area, where today single-story buildings are rented to an educational institution. A partnership between the Weiss and Sufrin groups has enabled the acquisition of a 3.5 dunam plot in Petach Tikvah to build an office tower....