New $2.5m. real estate research institute to open at TAU

The Alrov Institute for Real Estate Research has been made possible by a $2.5 million donation by businessman Alfred Akirov.

By SHARON UDASIN
The Alrov Institute for Real Estate Research (photo credit: Courtesy TAU)
The Alrov Institute for Real Estate Research
(photo credit: Courtesy TAU)
In an effort to provide business students with a strong dialogue between academia and the world of real estate, Tel Aviv University has recently launched a real estate research center.
The Alrov Institute for Real Estate Research was made possible by a $2.5 million donation by businessman Alfred Akirov.
Based at the university’s Recanati Faculty of Management, the institute aims to provide students with the tools and skills they need to help them become productive entrepreneurs and managers in Israel’s real estate industry, according to the university.
Heading the institute will be Prof. Eli Amir from the Faculty of Management.
The institute will cooperate with real estate institutes and industries at universities all over the world, in order to help develop and promote Israel’s real estate economy, the university said.
Offering educational and professional activities toward increasing real estate knowledge, the institute will provide courses that are transferable to the faculty’s MBA programs as well as to the executive management programs. In addition, short courses for professional development will also be available, as well as conferences and seminars, the university added.
Welcoming the launch of the new institute, TAU president Joseph Klafter stressed that the place will provide a bridge between academia and industry in the real estate world.
The institute will be capable of contributing greatly to the management and development of real estate in Israel, which is particularly significant following the housing protests that have broken out in recent years.
“It is already clear that a productive real estate industry is critical to the economic growth of the State of Israel and to helping meet both social and environmental challenges,” Klafter said.