Hagag Group

The Hagag Group has signed memoranda of understanding for two large-scale real estate projects in Baku, Azerbaijan. The joint venture with a local partner aims to develop approximately 3,500 housing units within the Sea Breeze Resort area.

America Israel enters into a partnership with Av-Gad in an urban renewal project in Ramat Gan. Hachshara Urban Renewal signed a 1.2 billion shekel financing agreement for a project in Kiryat Yam. The National Planning and Building Council approved two additional complexes in Haifa Bay. The Registrar of Contractors revoked the licenses of five contractors. Weekly real estate news.

A new purchase model: the buyer pays only one million shekels in the first stage, enters the apartment upon its completion — and pays the balance only two years after moving in. The Hagag Group is launching this unprecedented new promotion at the Infinity project on Ibn Gabirol Street in Tel Aviv.

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.