Real estate market in Israel points out high demand cities
For example, Jerusalem, the capital city of Israel; as a diverse and heterogeneous city with a mixture of religions, peoples and cultures,
By SHIKUN & BINUI REAL ESTATE
Areview of the real estate market in Israel points out a few high demandcities, perceived by real estate consumers as more attractive thanothers. This significantly higher demand has encouraged major realestate companies to appraise the vast potential in those areas, andconsequently engage in their development.For example, Jerusalem,the capital city of Israel; as a diverse and heterogenous city with amixture of religions, peoples and cultures, which also attractsvisitors from all around the world to its holy places – Jerusalem has a distinct real estate potential. Shikun & Binui Real Estate has identified this potential early on, resulting in the promotion of the company's latest project - "Ramat Rachel Dreams"in the new Arnona neighborhood – one of the most beautiful andprestigious neighborhoods in Jerusalem, located not far from the GreatSynagogue, the Western wall and the Knesset - and yet others to beinitiated across the city in the future.Another area at the focus of attention is the prestigious Ramat Aviv neighborhood, at the northern part of Tel-Aviv. This neighborhood is famous for its outstanding location. As part of Tel AvivCity, it enjoys the lively and rich entertainment and leisure centers,the spectacular Mediterranean shores and the proximity to HerzeliaPituach and Ramat HaSharon. Also here Shikun & Binui Real Estate has engaged in a joint venture with Africa Israel to build a luxury project – "Gimmel Prestige" – located west of Ramat Aviv Gimmel, providing its residents immediate access by foot to the beach, toHa'Yarkon Park (the city's central park) and to Tel-Aviv City Port.The city of Netanya,residing on the Mediterranean shores, acts as yet another example for asuccessful realization of real estate potential. The young city,located at the heart of the green Sharon region, between sea andnature, keeps on growing and expanding rapidly. As a result, Its171,000 residents benefit from an advanced education system, andstate-of the-art culture and sports facilities. Once more, thepotential lying in this area attracts real estate companies to buildand contribute to the prosperity of the city. Leading examples are theprestigious projects of Shikun & Binui Real Estate – "Ir Yamim" (city of seas) a joint venture with Azorim, and "Pure HaSharon Dreams" at Kiryat HaSharon close to the Academic Campus.
Shikun & Binui Real Estate is the development arm of the Shikun & Binui Groupand the largest real estate company in Israel, operating for over 80years. The company has built more than 181,000 housing units all acrossIsrael including individual homes and entire neighborhoods and hasrecently diversified into commercial centers and income yieldingproperties. As the leader in its sector, the company places greatimportance on various aspects of environmental development to provide acomprehensive response to a lifestyle which considers environment, andthus the company's projects are planned in full cooperation withenvironmental and landscape consultants.This is a sponsored article. The article should not be considered as advice.
