Real estate

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1

Apartments sold and rented

Real estate
 
  Einat Paz-Frankel 28/02/2010
 Second-hand apartments sold Tel Aviv and central region Tel Aviv: A 62-sq.m. two-and-a-half-room apartment on Yehoshua Ben-Nun St., north Tel Aviv, was sold for NIS 1.47 million. A partly renovated...
2

Hadera finally annexes the city port

Real estate
  The port serves IEC's Orot Rabin Power Station.
  Michal Margalit 28/02/2010
 The Hadera Municipality's steadfastness in its effort to annex the city port has finally paid off. The Ministry of Interior has agreed to the municipality's request to transfer the port, which serves...
3

Jerusalem homeowners offer their homes to builder

Real estate
  The initiative is not the usual method for vacate and build projects.
  Michal Margalit 28/02/2010
 The owners of 144 apartments near Emek Refaim Street in Jerusalem's German Colony will, in a few days, publish a vacate-and-build-tender for developers. The apartments are on an eight-dunam (two-acre)...
4

Leumi US to build new tower on Fifth Avenue

Real estate
  The bank's offices are currently spread over four locations in Manhattan.
  Eran Peer 28/02/2010
 Sources inform ''Globes'' that Bank Leumi (TASE: LUMI ) subsidiary Bank Leumi USA will build an 18-storey building with 71,000 square feet (5,100 square meters) of net space on Manhattan's Fifth Bank...
5

Tel Aviv to get NIS 750m hotel, residential seafront project

Real estate
  Apartments in Henry Taic's project will cost NIS 55,000-70,000 per sq.m. and range up to 1,000-sq.m. in size.
  Erez Wollberg 28/02/2010
 Henry Taic plans to build a luxury hotel and residential seaside project adjacent to the Opera Tower for an estimated NIS 750 million, including the cost of the land. The project will be built on an ...
6

Naftali Mendelovich investing again in US real estate

Real estate
  Mendelovich has partnered with Arko Holdings Ltd.
  Avi Shauly and Aviv Levy 25/02/2010
 Sources inform ''Globes'' that after investing with Aura Investments Ltd. (TASE: AURA ), businessman and lecturer on the capital markets Naftali Mendelovich is investing again in US real estate. ARKO...
7

Tshuva-partnered $2.5b project in Singapore set to start

Real estate
  The project includes office, hotel, commercial and residential space.
  Mira Awwad 25/02/2010
 Singapore daily "The Straits Times" reports that City Developments Ltd. (SGX: C09) is set to start building its landmark $2.5 billion South Beach project in Singapore next year, according to chairman...
8

Delek Real Estate loses NIS 75m Industrial Building sale

Real estate
  Yitzhak Tshuva's company will record most of the loss in its financial report for 2009.
  Avi Shauly 25/02/2010
 Yitzhak Tshuva-controlled Delek Real Estate Ltd. (TASE: DLKR ) has sold another asset in its strategy to refocus on two core businesses: residential development in Israel and income producing Fishman...
9

Winners pay double estimate for prestige Tel Aviv site

Real estate
  Canada-Israel, Acro Real Estate, and Terra paid NIS 305 million for the Remez Street lot.
  Einat Paz-Frankel 25/02/2010
 Canada-Israel Development Corporation, Acro Real Estate Ltd. and Terra Ltd. have won the tender for the Remez lot in north Tel Aviv with a bid of NIS 305 million. The lot is zoned for a 30-storey high...
10

Gindi-Blue Square close to clinching TA market site

Real estate
  The exclusive no-shop negotiations will likely continue for another week.
  Michal Margalit 25/02/2010
 The owners of the Tel Aviv wholesale market lot have reached an understanding with the Gindi Investments 1 Ltd. (TASE: GIND.B1 ), Moshe and Igal Gindi Ltd., and Blue Square Real Estate Ltd. (TASE: )...

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