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The Israeli Real Estate Market in Times of War

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

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

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 […]

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