Economy

What percentage of the company will Eli Avisror hold, why is the IPO tempting to investors, and who bought an apartment for 17 million shekels? The Avisror family will earn huge sums after the IPO. The brothers will rake in tens of millions as dividends.

The Ministry of Construction has concluded a decade-long era of housing lotteries with new criteria. Draft evaders are now barred from participation, while the policy shifts focus toward the periphery, increasing quotas for IDF reservists.

A 185 sqm duplex-penthouse in Jerusalem's "Mishkenot HaUma" project has been sold for 12.25 million shekels. This transaction marks the highest price ever recorded in the complex.

CBS data show that despite the increase in housing starts, the pace of construction in Israel is still lower than the government's targets. How many apartments are built per year and why should this figure increase in the coming year?

With the project's completion in two years, the young couple will receive a 4-room apartment with an 80 sq. m MAMAD (protected space) and a balcony. The broker estimates that the 1.58 million shekel deal reflects the current buyer-friendly market. Plus more real estate deals from the last week.

The apartment-moving season is in full swing, rent is rising, and apartment landlords need to check whether they must report to the Tax Authority on rental income and, if so, which track to choose. Globes has compiled for you all the questions, options, and relevant data.

The G City deal is on the verge of collapse as trust between Chaim Katzman and Tzahi Abu deteriorates rapidly. The parties are in conflict over management control, corporate strategy, and planned executive salary cuts.

Udi Netzer, a veteran venture investor, faces significant losses in the housing market. After buying a Tel Aviv apartment for 6.7 million shekels, he realized that canceling the deal and losing 540,000 shekels is more rational than proceeding with the purchase.

This week's real estate highlights include a new ranking of urban renewal leaders, government initiatives for mortgage subsidies, and major corporate moves. From land distribution for reservists to luxury market insights, here is the latest industry news.

Purchasing an apartment in the center of Israel is challenging, but moving outside the Tel Aviv-Ramat Gan-Givatayim circle reveals more affordable options. Recent deals in Lod and Ramle show apartments with protected rooms (MAMAD) selling for under 1.9 million shekels.

Real estate developer Avisror has completed its IPO at a valuation of 2 billion shekels, a 23% reduction from initial expectations. The company raised 530 million shekels in the process.

The Bank of Israel has lowered the interest rate to 3.5%, with the average non-indexed mortgage rate falling to 4.74%. However, the feasibility of refinancing depends heavily on when the original agreement was signed, as prepayment penalties often offset potential gains. The Bizportal calculator helps borrowers assess their options based on basic loan data.

Eli Finish has been chosen to lead the campaign for the Pershtovski company. In the advertisement, the actor promotes the company's large apartment auction, which allows investors to submit purchase offers starting from an attractive minimum price in projects across Tel Aviv, Herzliya, Haifa, and Ashdod.

The Avisror family has purchased 13 apartments in their ASHIRA project in Sde Dov. Eli Avisror invested 19 million shekels, while other family members secured favorable financing terms with the balance due upon delivery.

Danya and Gindi Holdings have signed an agreement to build 635 housing units across 8 towers in Kiryat HaSharon, along with commercial spaces and underground parking. Construction is expected to begin within the year.

Summer 2026 brings new challenges for tenants, from rising prices to security concerns and urban renewal projects. Adv. Idan Ben-Yaakov explains the essential rights every tenant should know.

After 20 years of delays and freezes, the Tel Aviv Municipality met with landowners to advance the construction of the new 'Nofei Yam Tzafon' neighborhood. A representative for the landowners stated: "These are critical weeks for the landowners."

The construction company Avisror is seeking to go public at a valuation of 2.2 billion shekels, about 15% lower than it had aimed for. To attract investors, it is offering free options, as several companies have done before it. The prospectus reveals: profitability in Sde Dov is low, but controlling shareholders are selling apartments to family members.

Avner Stepak, one of the owners of the Meitav investment house: "The loans to large developers and contractors - many of them, unfortunately, will not survive this crisis."

Lahav LR, controlled by businessman Avi Levy, has signed an agreement to acquire 8 commercial properties in Germany. The assets are fully leased to a leading retail chain, with the deal reflecting a yield of approximately 7.75%.

The leaders of Israel's urban renewal market have been revealed. Despite criticism from the State Comptroller, the sector is growing, with Aura and Azorim maintaining their positions as the largest developers in the 'pinui-binui' segment.

Single-family home prices are holding their value, as reflected in the latest market data. How much does a private house cost in major cities, what is the situation in Tel Aviv, and what factors are driving these prices?

Two projects with a total investment of about 14 billion dollars aim to turn the UAE capital into a hub for the world's highest concentration of centenarians. How much does it cost to live there, and what similar complexes already exist? Introducing our new section: Longevity Science.

The largest real estate deal in Kiryat Shmona since the start of the war: Bank Leumi sold the building that was hit by a missile. Chef Israel Aharoni revealed a new restaurant is on the way, Arkia will continue to fly Hapoel Tel Aviv, and the Femina group is entering the home fashion field.

Market conditions have made variable-rate loans taken during the zero-interest era significantly more expensive than current bank offerings. A proper diagnosis of your mortgage portfolio, willingness to pursue partial refinancing, and discarding myths about 'already paid interest' can save a fortune. Here is how to determine when refinancing is truly recommended.

Just a week after becoming a stakeholder in Ofer Nimrodi's Hachsharat HaYishuv, Morris Vilner has purchased an additional 10 million shekels in shares, continuing to expand his real estate portfolio despite current market stagnation.

The development and construction company S. Baruch, owned by Arik Baruch and managed by his wife, has completed the institutional stage of a bond issuance, raising 58 million shekels with demand totaling 100 million shekels.

Who dominates the urban renewal market? The new Duns 100 ranking by Dun & Bradstreet identifies the leading Israeli development companies in the 'pinui-binui' sector for 2026.

In the first half of 2026, the number of land tenders published by the ILA dropped by 63% year-on-year. Data shows that 44.4% of tenders ended without a winner.

The income-producing real estate company saw an increase in rent and management fees during the second quarter of 2026. Ahead of the project's completion, Gav-Yam has revalued its 50% stake in the ToHa2 tower at 1.9 billion shekels.

Gav-Yam released its Q2 2026 financial results, reporting an NOI of 208 million shekels and a 97% occupancy rate. CEO Natalie Mishan-Zakai highlighted the company's resilience in a challenging market and its progress toward three-year growth targets.

A day after the approval of a new compensation policy for the controlling shareholder, Yigal Dimri purchased Y.H. Dimri shares worth approximately 620,000 shekels, further increasing his holdings.

A Jerusalem apartment owner refused to sign an urban renewal agreement, claiming the developer's profit exceeded the threshold set by Standard 21.1. The court clarified that the standard establishes a minimum profitability floor to ensure project viability, not a maximum ceiling. Analysis by urban renewal expert, Advocate Dan Helpert.

The cancellation of Fiverr's 4,500-square-meter lease at the Wix campus reflects the broader crisis in Israeli high-tech. Faced with revenue pressures, the AI revolution, and widespread layoffs, companies are prioritizing lean operations over office expansion.

The Ministry of Environmental Protection is demanding that the Tel Aviv Municipality stop work at Sde Dov, fearing a health risk due to the presence of pollutants. Alongside the exchange of accusations between the bodies, experts warn of regulatory chaos, while new buyers are demanding to include clauses for quick release from the contract due to pollution.

The National Infrastructure Committee has approved a plan to increase the capacity of the Morasha wastewater treatment plant to 80,000 cubic meters per day. This move will remove a major barrier in the heart of a high-demand area, enable the realization of mega-projects like "TAAS HaSharon," and ensure efficient land use.

The undistributed profits reform, which generated 15–20 billion shekels in revenue, is facing scrutiny due to market distortions in the income-producing real estate sector. The Tax Authority is considering targeted adjustments as part of the upcoming Economic Arrangements Law.

"How much do you pay for rent?" has become a viral trend sweeping through millions of social media viewers. Inbar Tal, the woman behind the phenomenon, joins the studio to explain how she convinced strangers to open their doors to her.

Affordable prices, financing options, and tax benefits make Greece a promising destination for Israeli investors. A close look at the real estate market in the "country of islands."

The Ministry of Construction and Housing is establishing an inter-ministerial team to examine mortgage assistance criteria, potentially reviving the issue after the Ministry of Finance's previous opposition. The move, supported by Minister Haim Katz, aims to address the housing crisis, with proposals including a mechanism to replace equity requirements with proven repayment ability.