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After a decade of control disputes: the mega-project in Beit Shemesh commences 馃彚

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

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New Urban Renewal Project in Be’er Sheva

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 […]

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Are Israeli Hoteliers Choosing Greece?

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 […]

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