Economy

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.

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?

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.

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."

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 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.

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 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%.

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.

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.

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...

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.

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.

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.

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.

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.

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 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.