The proceedings brought against Meta: Adv. Tamar Dolev-Green, Partner and Head of the Antitrust and Competition Law practice at ERM, elucidated the arguments put forth by the FTC and their significance within the purview of antitrust laws during an interview on the “Color of Money” Radio show for Reshet Beit.
To listen to the full interview in Hebrew, click here: https://lnkd.in/dPxsNhc7
Category: News
Opinions are divided within the real estate market regarding the Bank of Israel’s measure to restrict financing incentives and balloon loans offered to apartment purchasers. Developers argue that this move will lead to a decline in apartment supply. Advocate Erez Gurion, Partner in the Real Estate Department at ERM, in an interview with Ynet, stated: ‘The implication of this directive is that, in the absence of the ability to offer attractive sales promotions, developers will find it challenging to reach the pre-sale targets required for obtaining bank financing, and they will be compelled to invest a greater amount of their own capital. This has implications both in terms of project timelines and costs (which will be reflected in increased apartment prices). It is likely that the Bank of Israel has concluded that this price is a price worth paying in order to maintain the stability of the banks and the Israeli real estate market.’
For the full article, click here: https://www.ynet.co.il/economy/article/h1mtxsc3jg
Following a series of scandals in the real estate sector, buyers are returning to purchasing groups to reduce apartment prices.
Adv. Yoav Zahavi, Partner and co-head of the Real Estate and Urban Renewal Department at ERM, discusses the advantages and risks in an interview with Globes. For the full article in Hebrew, also as a podcast episode, click here: https://www.globes.co.il/news/article.aspx?did=1001503709
Bait Yerushalmi (Jerusalem House) Group won the tender and will advance a new urban renewal project in Be’er Sheva. The project will see the development of a new residential area with 400 apartments in place of the existing building which previously only housed 66 apartments.
The project was led by Partner Or Tzur Lebovich and Adv. Shoval Yaacov from ERM’s Real Estate & Urban Renewal department.
Thank you to Bait Yerushalmi for choosing ERM once more as their go-to firm!
Read the full article here: https://bit.ly/4idGdcq
Adv. Ron Abelski, Partner in ERM’s Corporate and M&A department, in an interview with Channel 10 on VC investments in Israel.
Click here to watch: https://bit.ly/4hnr2fl
The Bialik Project in Beit Shemesh, stalled for numerous years and reaching the offices of the Urban Renewal Authority, has finally progressed. Ultimately, IsraCap Grand joined forces with Afi Nativ, and together, the companies successfully navigated the competitive tender process. The companies have now received authorisation to demolish the initial residential units on the expansive site, where 2,000 apartments and tens of thousands of square metres of commercial and employment space will be constructed.
Legal representation was led by partners Yoav Zahavi and Golan Laihtman, alongside Advocate Shoval Yaacov
For the full article in Hebrew, click here: https://bit.ly/4kpiPKv
Nimrod Rosenblum, Managing Partner, and Head of Corporate & M&A at ERM in an op-ed for Calcalist. What are the political and economic obstacles that foreign investors face from the Israeli market following the regional escalations since October 7? Read the full article, in English, here: https://bit.ly/43ocF7d
As costs rise, tourism companies are increasingly opting to invest in Greek hotels, where real estate is more affordable, operational and labour costs are lower, and generous grants are available. Adv. Gilad Maoz, founding partner at ERM and head of the Real Estate and Hotels Department, explains: “This trend is occurring against a backdrop of uncertainty in the Israeli hotel market and a severe disruption to urban tourism following the COVID-19 pandemic and the recent conflict.”
For the full article and further insights into the Israeli-Greek hotelier market, click here: https://bit.ly/4ks5zF5
2024 was not easy for Israel’s real estate sector, including urban renewal. And yet, the market continues to operate and even grow. Adv. Yoav Zahavi, co-head of ERM’s Real Estate & Urban Renewal department, in an interview for Dun’s100 Forum: “One of the main challenges is the complexity of planning procedures, which despite relative improvement, are significantly present due to damages from the ongoing war…”
Click here for the full interview in Calcalist: https://bit.ly/3CWtSK3
Likud MK Ariel Kallner’s new bill, seeking to grant the Communications Minister the power to block websites and social networks without time limits or judicial oversight, exposes the true intentions: not to protect national security, but to create a broad-ranging government censorship mechanism. Adv. Rotem Perelman-Farhi, partner and head of the Technology and Privacy Law department at ERM, discusses this in an opinion piece for Walla.
For the full article in Hebrew, click here: https://bit.ly/3WPRZkH