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Jan 12, 2025 | 
en.globes.co.il | Yuval Nisani
At the end of 2024, Israel’s real estate sector received news it had been waiting for for a long time: after nearly five years, the National Planning and Building Council approved National Outline Plan 70 covering the areas around Metro stations in Gush Dan. The plan determines the building rights along the route of the planned Metro, and allows development in its vicinity.
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Jan 9, 2025 | 
msn.com | Yuval Nisani
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Jan 9, 2025 | 
jpost.com | Yuval Nisani
The boom in residential construction in Israel, and in urban renewal in particular, has led to an interesting exit. On Thursday, Amir Shaltiel, founder and chairperson of Eldar Group, which deals in urban renewal, announced his intention of selling Eldar Group's 25% stake in Metropolis to Allied Group, headed by Prof. Itzhak Swary. The emerging deal values Metropolis at NIS 800 million.
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Nov 21, 2024 | 
en.globes.co.il | Yuval Nisani
Israeli solar energy technology company SolarEdge Technologies (Nasdaq: SEDG) is looking to sublet part of its new campus, which is currently under construction in Glilot. A source familiar with the matter has told "Globes" that SolarEdge is at this stage seeking to sublet an entire floor on the campus for an asking price of NIS 120 per square meter per month, although a tenant has not yet been found. The Glilot campus is being built north of Cinema City between Tel Aviv and Herzliya.
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Nov 20, 2024 | 
en.globes.co.il | Yuval Nisani
SaverOne loses over 99% of flotation value Germany installs Trophy protection system on Leopard tanks Half the space allocated for offices in the southeast section of Rishon Lezion’s Eleph complex has been rezoned for the construction of 113 small apartments.
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Nov 12, 2024 | 
en.globes.co.il | Yuval Nisani
The plan for Kikar Atarim on Tel Aviv seafront, which is meant to enhance one of the most famous locations in the city, is set to be approved for deposit this week by the Tel Aviv Local Planning and Building Committee, after an excruciating planning process that has lasted almost 15 years. The plan proposes demolishing the current buildings in the square and replacing them with three 25-floor towers with 300 hotels rooms and 220 apartments.
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Nov 10, 2024 | 
en.globes.co.il | Yuval Nisani
Each of the partners will joint together two of the apartments, in the Legacy project in Mamilla's David's Village, into two big apartments. Two US business partners have together bought four apartments on the third and fourth floors in the same building of the Legacy project in David's Village in Jerusalem's Mamilla neighborhood. The project is being developed by Y.H. Dimri (TASE: DIMRI). Each of the partners will knock together two of the apartments into two big apartments.
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Nov 5, 2024 | 
jpost.com | Yuval Nisani
How will Jerusalem look in 2050? According to plans presented to a special hearing of the Jerusalem District Planning and Building there will be a Metro (underground railway) operating in the city, 220,000 new homes would have been built and the population of the metropolitan region would have doubled to 5 million.
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Oct 8, 2024 | 
en.globes.co.il | Yuval Nisani
The Ministry of Finance recently published the draft of a new law with a range of measures to raise revenue for the war-battered economy, some of which related to real estate, and will have significant ramifications for homebuyers. The significant measureThe measures relating to real estate in the draft law almost all have one thing in common - freezing linkage to the Consumer Price Index (CPI) between 2025 and 2027.
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Sep 24, 2024 | 
en.globes.co.il | Yuval Nisani
Tel Aviv's housing market has been re-categorized from the 'yellow' overvalued bubble risk category to the 'grey' moderate risk bubble category in the UBS Global Real Estate Bubble Index 2024. Two years ago Tel Aviv was in the 'red' high bubble risk value category. The report recalls, "Propelled by falling interest rates and an intensifying housing shortage, real house prices in Tel Aviv tripled between 2002 and 2022.
