Festive tenders: Thousands of apartments on the way - Ma'ale Adumim in focus
Three real estate firms won ILA tenders for 1,100+ units, mostly in Ma'ale Adumim, which has seen little new construction, plus an extra project in Be'er Ya'akov.
Three real estate firms won ILA tenders for 1,100+ units, mostly in Ma'ale Adumim, which has seen little new construction, plus an extra project in Be'er Ya'akov.
A major urban renewal project in Tirat Carmel has been approved, with an expected revenue estimated at approximately NIS 2.3 billion.
Arie Prashkovsky Group has started building a six-story boutique project at 7 Stern Street, Florentin, Tel Aviv, with 11 luxury apartments and a small ground-floor commercial unit.
The major urban renewal plan for the Kiryat Shprinzak neighborhood in Haifa.
Yokneam Mayor Roman Peres said, “Yokneam is writing a new historic chapter today.”
Kiryat Menachem in Jerusalem is undergoing urban renewal with thousands of new apartments, modern schools, community centers and the light rail, making it a top real estate opportunity in the city.
The project will include 369 housing units for student rental, alongside 3,000 sq.m. of commercial space.
Neighborhood Corner: How a community of Central Asian Jews created one of Jerusalem’s most distinctive neighborhoods.
Mivne Real Estate Group reported Q2 2025 net profit up ~20% to NIS 210 million, with first-half profit rising 45% to ~ NIS 421 million.
Analysis by Globes reveals that the Israeli real estate market is undergoing changes that are not quantitative but structural - the middle class is abandoning the market.