Economy

The Registrar of Contractors at the Ministry of Construction and Housing revoked the licenses of five contractors last week, after inspections raised suspicions that the engineering professional upon whose employment the license was granted is not actually employed by the companies.

A new study analyzes hundreds of transactions in Ahuza and Neve Sha'anan. High-demand neighborhoods in Haifa have maintained an upward trend, even as other parts of the real estate market are cooling down. Dr. Asaf Gastfreund: "The national picture hides variations between neighborhoods."

Following a failure to meet license conditions, the Registrar of Contractors at the Ministry of Construction and Housing has revoked the licenses of five contractors.

The BEYOND tower in Givatayim, rising to 320 meters and including 78 floors, has received fire department approval following large-scale exercises testing emergency response and evacuation systems.

Danya Cebus released its Q2 2026 results, showing steady revenue but a 12.8% decline in net profit due to rising construction costs and commodity prices. The board approved a 30 million shekel dividend distribution.

The company selling luxury apartments in Gush Dan has launched a new promotion: buyers can move into an apartment with an initial payment of one million shekels, with a guaranteed return of up to 52% over the first two years.

The volume of sales by contractors remains low, and alongside creative promotions, a new tool has entered the picture: influencers and customer clubs. This is a natural industry development, but it is important to know how to filter the noise. Weekly column.

A sharp decline in the involvement of investors holding three or more apartments is changing the investment map. Tel Aviv, Haifa, and Beersheba are losing their strength, while Tiberias, Safed, and Jerusalem are becoming the main centers of activity, especially in cities with a prominent Haredi character.

The Government Authority for Urban Renewal has announced a new call for proposals to subsidize 'pinui-binui' projects in Ashkelon. The state is investing significant funds to ensure the implementation of projects that are not otherwise economically viable.

About a year and a half after the abolition of building exemptions, the Ramat Gan municipality has introduced an "Exemption Anchoring Plan." This move is resulting in betterment levies of hundreds of thousands of shekels for owners of old apartments during property sales.

A historic house in Maine is on the market for one dollar, but the buyer faces the significant challenge of relocating the structure within the next few years.

Hundreds of new apartments have hit the market following the end of the sale restriction for winners of the 'Mechir Lemishtaken' program in Glil Yam. Supply has jumped more than 3-fold and prices for 4-room apartments have dropped, while the rental market has seen a sharp rise. A veteran broker in the neighborhood sets the record straight.

The evacuation of the bank's offices in the Moshe Aviv Tower resulted in a loss of about 3 million shekels, but new leases and the deal in Kfar Saba boosted half-year revenues to 206 million shekels.

The benefit for reservists is justified, but the numbers do not lie: more than 100,000 people in need of housing are left with minimal chances, and the state has no alternative plan. Is this the end of the program for those who do not serve?

The cumulative cost of repairing construction defects in new apartments reaches 2.2 billion shekels per year, according to an analysis by the company Lead Handasa. According to the findings, 97% of apartments had flooring defects, and 94% had plumbing defects.

Globes has learned that a number of companies have formulated a joint appeal to the government, aiming to change procedures and reduce payments for office land. The goal: to incentivize construction, due to the crisis in the high-tech sector and high interest rates.

News for reservists: about 20,000 opportunities to purchase an apartment or land under preferential conditions in the next two years. The Prime Minister, the Minister of Construction and Housing, and the Minister of Finance jointly announced benefits for reservists, including increasing the priority in 'Apartment at a Discount' lotteries to 75% and expanding benefits for land plots.

Industrial land prices in National Priority Area A have jumped 5.7-fold in nine years. Due to an outdated discount ceiling, the incentives for establishing factories in the periphery have been effectively neutralized.

The crisis regarding leased lands in Jerusalem has led to a 50% decline in apartment values in prestigious neighborhoods. Banks have ceased mortgage lending, and owners face significant legal uncertainty.

Poalim Equity, the investment arm of Bank Hapoalim, and Reality Partners have announced a joint investment in the European fund Alea Living One. The companies will invest 50 million euros in the student housing sector.

The company ORC LAND, controlled by Raz Oded, is acquiring the EVIA RIVIERA RESORT on the island of Evia in Greece. The company intends to invest 15 million shekels in renovating the hotel.

Aviv Group has announced the appointment of a new CEO to replace Dafna Harlev. Which senior executive is returning to the company after managing the financial division of a public real estate giant?

This is a project on Ahad Ha'Am Street in the city. As part of the initiative, two old 4-story buildings were demolished in preparation for the construction of two new 8-story buildings with 42 housing units above an underground parking lot.

A hotel tower planned to be built just 100 meters from the water line in Bat Yam will not be built in its planned format. The Tel Aviv District Planning and Building Commission has determined that building rights will be transferred to another plot further from the coastline.

Aura has launched a campaign for Hever members. The big question: will this cause the company to sell hundreds of apartments in the short term? Yaakov Atrakchi explains in an interview what is about to happen in the market, why buyers should take advantage of the situation, and when prices will return to rising.

Following the collapse of the deal with Chaim Katzman, Ari Nadlan has reached an important milestone in the Orot Yitzhak power plant project. The land is estimated to be worth 1 to 1.5 billion shekels following its rezoning.

Ministry of Finance data indicates that multi-property owners are no longer purchasing apartments in high-demand areas, or even in Beersheba. They are moving to cities like Tiberias: "Even an 8% purchase tax does not deter them."

From Ormat, through A. Dori, to Norstar and G City, the veteran businessman has experienced several confrontations and struggles over the last two decades, from which he often emerged battered. All this while the value of his life's work, the real estate company G City, continues to shrink. Following the collapse of the deal to sell control of the company to Tzahi Abu, the market wonders how much...

The house, in the Neve Amal neighborhood, was built in the fifties and sold for 3.8 million shekels. Prices for new cottages in the neighborhood range between 6 and 7 million shekels.

A real discount on an apartment is not measured against the list price, but against the market price and the minimum price at which the developer is willing to sell. Checking similar transactions, financing benefits, and the buyer's bargaining power can help distinguish between a marketing promotion and a worthwhile deal.

The BSR Group project in the east of the city looks a bit crowded, but it has large balconies. A deal where you can get a 66 sqm balcony for less than 4 million shekels is rare in Tel Aviv. And also: where was a semi-detached house sold in the city for 4.35 million shekels?

The housing shortage in Copenhagen has led authorities to create the artificial peninsula of Lynetteholm. By drying out shallow waters using soil from construction sites, the project aims to address the housing crisis while protecting the city from rising sea levels.

"After 2008, we sold assets at any price to avoid a debt settlement. I went on a crazy realization journey. I sat in front of senior officials at Deutsche Bank, to whom we owed millions, to extract a few shekels," recalls Gil Roshinek, Chairman of Electra Real Estate.

The apartment was sold for 1.63 million shekels after a month on the market, coinciding with the start of a TAMA 38 project in the building. According to the broker, urban renewal has increased the property's value, attracting investors and home upgraders. Additional real estate deals from the past week are included.

In Manhattan, rent in stabilized apartments is half the market price, while in the Bronx the gap is only 12%.

The payment schedule, index linkage, entry date, securities, and liability for defects vary between the two transactions; a new apartment provides legal protections but includes uncertainty and future costs, while second-hand allows viewing the property and requires careful verification of rights and the seller.

While 8,000 people won a discounted apartment this week, over 100,000 participants were left empty-handed. Amid a shortage of ready-to-move-in housing and political maneuvering within the Israel Land Authority, the real estate market faces significant challenges.

Avisror revealed its data ahead of a stock issuance in Tel Aviv, admitting it is close to a loss in its Lod project. This is another example of a developer purchasing during the boom years and now facing a slump in sales and prices.

New apartments in some cities are expensive, and those willing to settle for an apartment without a mamad can find bargains - apartments priced from 500 thousand to a million shekels. Where was a 5-room apartment sold for 1.1 million shekels, and how much does an apartment with a mamad and parking cost in Ramle?

Construction times in Israel are breaking negative records. While everyone understands the urgent need, there are not enough incentives or real infrastructure to change the reality on the ground. Industry sources explain that the technology exists, but integration is slow and the pace must be increased. "The construction industry is chronically short of manpower, and the right question is not...