Construction

The I.S.A Group, alongside a strategic partner, has acquired 7.8 dunams of land in Beit Shemesh. The site is slated for a 75,500-square-meter mixed-use complex featuring residential units, retail space, offices, and an assisted living facility.

A group of developers is launching the "Metropol District" project within the "Metropol Ashdod" complex, spanning approximately 15 dunams with an estimated investment of 950 million shekels. The project will feature a mix of employment, commercial, hotel, and residential spaces.

The Movement for Quality Government has demanded an explanation from the Standards Institution regarding the delay in updating the SI 118 concrete standard. Estimates suggest this delay could cause up to 500 million shekels in budgetary damage to the Metro project.

The District Planning and Building Committee of the Central District has decided to deposit for publication a plan regarding a complex that will include residential, employment, and commercial space on the scale of thousands of housing units. This is an initial stage of the plan.

Construction and real estate group Best reported a 182% jump in Q2 2026 net profit to 34.7 million shekels. The company's order backlog expanded to 6.2 billion shekels.

The company increased its share of apartment sales in the second quarter, and revenues rose, mainly due to revenue recognition from the Sde Dov project. However, the company recorded a loss of 13 million shekels compared to a profit last year. Eli Avisror: "There are challenges, but we sold 205 apartments."

The Binyan complex, a major development project in central Jerusalem, is being offered for sale with a starting price of 420 million shekels. The 10-dunam site is zoned for residential towers and hotels.

A dramatic victory for the US President: by a 5-4 majority, the Supreme Court approved the continuation of the controversial $400 million project, which includes the demolition of the East Wing. The conservative Chief Justice joined the liberals in sharp criticism, while Trump celebrates: "The people will be very proud of this magnificent complex."

An amendment to the law has expanded the registrar's powers in the fight against crime in the industry. A court ruling clarifies how a decision based on classified information is made and what the oversight mechanisms are.

534 new deals were closed in the first half of 2026, surpassing the total for 2025. The region is shifting from a model of villas to high-density projects, driven by government policies aimed at transforming the area.

In the company's 3 significant projects in Jerusalem, almost no apartments are being sold. The price per square meter is high, but Levy continues to increase his market share and clarifies that the company will meet the pace.

Ishai Rot, CEO of Shoval Engineering Group, explains why the company prefers projects in Yokneam, Acre, and Haifa and stays away from Tel Aviv, why they acquired a construction company, and what has happened to the stock since the IPO on the local stock exchange.

The Mehir LeMishtaken project in Be'er Sheva by A.Sh. Yagel has become insolvent and will not be completed on time. The company is facing debts of hundreds of millions of shekels and an internal shareholder dispute.

The chairman of the "Yashar!" party opposed construction in the E1 area between Jerusalem and Ma'ale Adumim. The chairman of the "Amcha Yisrael" party replied: "If we had considered the world, the State of Israel would not have been established."

The Administrative Court has approved the Dan garage redevelopment plan, including the relocation of the bus depot. The court dismissed a residents' petition against the 750-unit housing project, upholding the use of easements to provide public access to open spaces while preserving developers' building rights.

Gil Topaz, co-CEO of Altshuler Shaham Credit, which provides financing to contractors stuck with unsold apartments, is not worried about deal cancellations: "These are speculators who make up no more than 15% of the market."

The mother of Jazi Abu Sbitan, who was killed at the age of 22 when scaffolding collapsed at the luxury Park Bavli project, is seeking to overturn the prosecution's decision to close the case without filing indictments. In addition, the mother attacks the manner in which the closure decision was delivered to the family. The prosecution: "The family members were personally updated on the full...

The Shai-Chai Group, a prominent participant in Israel Land Authority tenders, is planning an IPO within the next six months. Yesterday, the company won a major tender for 258 housing units in Ness Ziona.

The businessman continues to increase his hold on the market: he is acquiring the contracting company Reshit Bniya and will cover its debts. The CEO will continue, but Levy will be able to purchase the remaining 20% from him at the end of 7 years.

While the residential real estate sector is suffering from a slowdown, infrastructure companies are seeing growth driven by expectations of massive investments in the Metro project, estimated at 180–200 billion shekels.

A TAMA 38 project in Neot Afeka, Tel Aviv, faced significant delays, leading to the appointment of a receiver. In a landmark ruling, a judge allowed two families to cancel their contracts and recover their payments, setting a new precedent for the real estate industry.

Yesodot Eitanim Urban Renewal and the Savionim Group have won a residents' tender on Ben Gurion Street in Kiryat Bialik. The project involves replacing 18 old apartments with 90 new units across two modern buildings.

Jump in net profit: Electra concludes the quarter with revenues of 4 billion shekels and a 60% jump in profit to 109 million. The growth was supported by a sharp increase in the infrastructure, real estate, and concession sectors in Israel, which offset the erosion in overseas operations. The company will distribute a dividend of 41 million shekels against the backdrop of winning mega-projects and...

A single Israel Land Authority tender for land to build apartments in Ness Ziona has concluded, with a bid that reflects a discount of about 18% on the land. Who are the winning companies, how much does the land cost, and why housing prices cannot really drop in this area.

The Israel Land Authority continues to show weak data regarding land marketing. A permanent director has not yet been appointed, and out of dozens of tenders, only a few are intended for high-density construction.

CEO Adi Dana addresses the report regarding the wave of deal cancellations. According to him, "it is less than 0.8%, this is a routine standard deviation." He also commented on the impact of financing benefits.

The Efrat Local Council is promoting a plan to build about 500 new housing units, including in 15-story buildings. A protected housing complex is also planned. Council head: "A strategic move for the entire region."

The Barzani Group has entered as a partner (50%) in an Electra Magurim project in Elad. This concerns a plot of land that Electra Magurim won in an Israel Land Authority tender as part of the 'Target Price' program several years ago, and it includes a total of 234 housing units.

Rothstein Nadlan summarizes the second quarter of 2026: The company reports the sale of 121 apartments in the first half of the year. In the field of urban renewal, the company reports about 15,000 housing units that are in various stages of business development.

The Anshei Ha'ir group recently gave away an apartment as a gift, which may have boosted sales after a sluggish period. Revenues rose to 110 million shekels in the second quarter. The company sold 16 apartments at an average price of 7.8 million shekels.

Following delays due to the war, the tender for the renewal of the site of the veteran concert hall has been launched. The project includes residential, commercial, and office spaces in towers, with the tallest reaching 46 floors. Out of 481 units, 127 will be allocated for municipal use.

The District Planning and Building Committee is set to discuss the expansion of Beit Shemesh east of Highway 10. KKL (Jewish National Fund) opposes the development of sensitive green areas, arguing the city can reach 550,000 residents without environmental damage.

Spain, Sweden, and Romania have joined the group of nations opposing Israel's planned construction in the E1 area. European countries are currently considering potential sanctions in response to the project.

The Israel Land Authority has approved the marketing plan for Complex C in Jerusalem's entrance district. The project features a 40-story tower, an 8-story building, office, commercial, and hotel spaces, along with approximately 230 housing units.

After the new British Foreign Secretary, Ed Miliband, expressed firm opposition to the plan for building housing units in the area between Jerusalem and Ma'ale Adumim, the chairman of the Religious Zionism party went on the offensive. "The British Mandate in Eretz Yisrael has ended," Smotrich declared, while also challenging Gadi Eisenkot.

The approval of the law to expand the powers of the Subcommittee for National Housing marks a revolution in Israel's housing market: more apartments, fewer barriers, and a shorter path from plans on paper to actual construction.

Geshem Holdings reported on the advancement of a 488-apartment project in Migdal HaEmek. The Israel Land Authority is launching a reform to shorten appraisal objection procedures. Additionally, Azorim Living will purchase 26 apartments in Jerusalem for long-term rental for approximately 76 million shekels.

The Tel Aviv Magistrate's Court fully rejected a waterproofing contractor's lawsuit against the Isrotel chain, owner of the Mitzpe Hayamim Hotel in Rosh Pinna. Judge Adi Hadar adopted the findings of the hotel's inspector and ruled that there is no place to retroactively bypass the decision-making mechanism that the parties themselves established in the contract.

Construction company I.H. Damri increased apartment sales, but rising financing costs and margin erosion led to a decline in net profit. We analyze the company's Q2 2026 financial results.

A decrease in apartment deliveries in Europe and the weakening of the dollar led to a decline in Shikun & Binui's revenues to 2.3 billion shekels in the second quarter and a plunge in operating profit. Despite this, net profit jumped by 70% to 241 million shekels thanks to a significant tax benefit, and the contracting backlog reached a record 18.5 billion shekels.

A new tender for the construction of about 1,200 housing units in the E1 area is causing a stir in Europe, which claims that Israel committed not to build in the area beyond the Green Line. Germany, France, the UK, and Italy are discussing how to act, but fear that imposing sanctions at this time would actually strengthen Benjamin Netanyahu ahead of the elections. UN Secretary-General: "An...

The Turkish consulate in Jerusalem, which works in close cooperation with the Palestinian Authority in Ramallah, is apparently committing building violations while preventing Israeli inspectors from entering the compound. A study by the Jerusalem Center for Applied Policy exposes these violations, and former council member Yair Gabai has appealed to the municipality to intervene.

While the construction industry faces turmoil and many companies report losses, the second-quarter results of the Soferin real estate group reveal encouraging data and a new strategic move set to transform its business model.

Acro ended the second quarter with 42 apartments sold, up from 34 in the previous quarter. The company reported a net profit of 20 million shekels, recovering from a 6 million shekel loss in the first quarter.

This involves the demolition of two buildings including 30 residential units and 14 commercial units on Ussishkin Street in the city. The old apartments will be replaced by a new project including 82 residential units and 16 shops in a 7-story building above a commercial floor.

Prime Minister Benjamin Netanyahu announced the establishment of a university hospital in Ariel during his visit to the city. The announcement was made while touring the new Amirim neighborhood, part of a major westward expansion plan.

The District Committee has approved an urban renewal (pinui-binui) plan for a complex significantly damaged during the war. Details on the cooperation between the Tidhar Group and the Ramat Gan Municipality.

The construction industry has lagged behind in terms of productivity and technology adoption. Now, advanced planning systems, artificial intelligence, and 3D concrete printing are attempting to bridge the gap between planning, budget, and execution - and change the way houses are built.

Yuvalim has acquired a 4-dunam plot in Herzliya through a joint ownership dissolution process. The final land valuation reached 200 million shekels.

Kardan Real Estate experienced a sharp decline in free-market apartment sales during the second quarter. While subsidized 'Target Price' projects sustained volume, the company warns of potential profit margin compression due to rising subcontractor costs and labor shortages.