Economy

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...

The Ministry of Finance predicts an unprecedented wave of real estate deal cancellations. Meanwhile, Chaim Katzman plans to sell 33% of shares, Tzahi Abu criticizes the situation, and contractor Dudi Appel has become a suspect in a major criminal investigation.

The long-awaited discount is losing its value. Double standards at the Second Authority for Television and Radio. The railway has remembered to connect to Wi-Fi. A spotlight on several issues on the agenda.

Construction costs have surged by 20%, stalling urban renewal projects in Israel. Before signing any documents under pressure, follow these professional negotiation rules from real estate appraiser Shmulik Cohen.

Despite the uncertainty in the economy and the still-high interest rates, real estate deals continue to be signed across the country. These are the prices buyers paid this week — from Haifa to Beersheba.

The government budget is intended to bridge the economic gap in 'pinui-binui' (evacuation-construction) complexes that are not profitable under market conditions, and to enable developers to move from planning to execution — subject to approvals and a tender.

The number of workplace accidents at construction sites is on the rise, with 393 accidents and 29 deaths recorded since the beginning of the year. New regulations, taking effect in October, expand the scope of responsibility at construction sites and mandate new measures to prevent them. This will change contractual relations between developers and contractors and will also impact the insurance...

The Israyes 26 group, owned by Israel Dahan and Avi Sabag, has acquired a commercial avenue in the STORY project in Netanya, spanning approximately 2,000 square meters.

Only one company participated in an Israel Land Authority tender in Safed, submitting a minimum bid for the land. Meanwhile, Yigal Damri and Megido won land for the construction of hundreds of housing units in Sderot and Ofakim.

Raul Sarugo and Ampa signed an agreement for the acquisition of his construction company, which holds rights to 6 urban renewal projects expected to include about 1,400 new housing units.

Which companies dominate the urban renewal sector? New data shows that a number of key players control the market in the Sharon area.

43 apartment buyers have recently filed a lawsuit for approximately 1.95 million shekels after their apartments in the 'Mechir Lemishtaken' project in the Galil neighborhood of Nazareth were delivered with a delay of many long months.

District Planning and Building Committees have advanced a series of urban renewal projects in Kiryat Gat, Kiryat Motzkin, Haifa, and Ramat Gan, totaling over 4,000 new housing units.

Aura is launching a marketing campaign with the 'Hever' club, offering discounts and 15:85 financing terms on 800 housing units across five projects to boost sales after a slow first half of 2026.

Three residential buildings containing 56 old apartments were demolished as part of an urban renewal project, and in their place, two 24-story residential towers containing 227 new apartments will be built. An apartment owner in the demolished building: "A sense of relief, pride, and hope."

The Israel Land Authority is closing tenders for 7,390 housing units this week. All plots are located in the periphery, with no tenders in high-demand areas or major cities.

The campaign includes 2–6 room apartments, garden apartments, and penthouses in Hadera, Ramat HaSharon, Ramat Gan, Kiryat Ono, and Ofakim. Among the benefits: full exemption from indexation to the construction input index and deferral of the bulk of the payment until close to occupancy.

Twelve investors have filed a lawsuit against Daniela and Nadav Nevo, owners of the tourism venture Danuki Investments. The plaintiffs allege fraud and illegal capital raising without a prospectus.

The Tel Aviv real estate market sets the tone for the entire sector. New data from Dun & Bradstreet reveals which companies dominate urban renewal and how the nature of projects is shifting across the country.

Urban renewal firm Anshei HaIr has signed an agreement to acquire a 41.3% stake from Rothstein Nadlan. The deal values the company at 240 million shekels and grants Ron Chen full control over the firm's business strategy.

Former footballer and former Beitar Jerusalem coach Barak Yitzhaki purchased a three-room apartment in a project by the Gohari-Afriat company in his childhood city of Ashkelon. The deal is estimated at about 2 million shekels, and the apartment is on the tenth floor - the jersey number that accompanied Yitzhaki throughout his playing career.

The Mitzpe Ramon Local Council is urging reservists to register by August 31 for the Israel Land Authority lottery. The tender allocates 46 out of 51 plots in the new "Maof" neighborhood to combat reservists, featuring significant land price discounts.

Construction giant Shikun & Binui is acquiring control of the elevator company Naaman. The deal, valued at several tens of millions of shekels, will allow the company to reduce its reliance on external suppliers.

Aura is launching a major campaign for Hever club members, offering apartments in five projects nationwide. Discounts reach 10%, alongside financing benefits and exemption from linkage differentials.

An analysis of CBS data reveals that the average price of a 4-room apartment in central Israel remains out of reach for many. With current prices, particularly in Tel Aviv, the required down payment makes purchasing a home an extremely difficult challenge.

Ten property owners in Hod HaSharon face a 2,583,840 shekel betterment levy demand after an initial assessment was found to be erroneous.

The "Elite Instant Coffee" factory in Safed, a local landmark and source of livelihood for many families, has been demolished 70 years after its founding to make way for a new residential project.

"The Local Committee" is a podcast from the ice website, hosting leading industry figures for discussions on current hot topics, developments, and innovations.

The District Committee rejected objections and approved the Inbal company's plan for a mixed-use project to replace 'Beit Amir'. Located on the light rail line, the tower will feature 110 apartments, 114 hotel rooms, and commercial and public spaces.

Summer is the peak season for Israeli real estate. To avoid disputes and financial losses when working with agents, it is crucial to understand the 'Real Estate Brokers Law' and properly document all agreements.

Over the past two weeks, the relationship between businessman Tzahi Abu and the company's controlling shareholder Chaim Katzman has hit a dead end.

Tsahi Nahmias and Mega Or lost ground throughout July. We examine the reasons for this decline, whether uncertainty regarding land use in Hadera will continue to weigh on the stock, and how other real estate giants are performing.

Alongside the market slowdown, Bank of Israel data reveals that the volume of mortgages for apartments worth over 5 million shekels is soaring — this figure is critical for the housing market. The surprise: how many of the wealthy are taking a mortgage of over 60% of the property value.

An 'Apartment at a Discount' project in Harish, featuring 115 units, reached a winner who placed 3,393rd in the lottery. Amidst housing market stagnation, are better deals available on the free market?

A study by BYNDbiz reveals that since October 2023, the price per square meter for older apartments without a Mamad rose by 11.2%, compared to only 2.6% for protected apartments.

After Athens, investors are discovering the neighboring port city of Piraeus. Convenient location, development pace, cruise ships, demand from students and tourists, and housing prices starting from 90,000 euros are attracting investors. Is this the next big hit? It is too early to say. Experts emphasize: potential exists in Piraeus, but moving from the familiar center of Athens requires careful...

The first purchaser of an apartment option at the Sde Dov complex is suing the real estate developer Gindi, demanding the cancellation of the deal and a refund due to severe soil contamination.

The Ramat Gan municipality has launched a tender for a major assisted living complex to replace two aging facilities. The project will feature 400 units housed in a 35-story tower and a 10-story building.

The Ram Aderet Group has received a building permit for the first phase of the MY ADERET NORTH project in Carmi Gat North. The development will feature 237 apartments, with a portion allocated to the 'Apartment at a Discount' program and 118 units available on the free market.

Mortgage refinancing is the process of replacing an existing loan with a new one under better terms. Given the recent decline in interest rates, experts advise borrowers to review their current mortgage agreements.