According to the 2023 planning administration data, nearly 50% of all approved projects in committees are part of urban renewal plans, but project implementation on the ground is delayed
Adv. Dana Biran, Partner and Head of the Urban Renewal Practice at our firm, explains: “For many years, the Israeli market has been accustomed to a reality of low interest rates and consistent price increases, leading to the approval of many urban renewal plans with limited economic feasibility. The rise in interest rates and the slowdown in sales following October 7th have restored some caution that we had lost, showing that the market can behave differently.”
For the full article please click here
Adv. Dana Biran, Partner and Head of the Urban Renewal Practice at our firm, explains: “For many years, the Israeli market has been accustomed to a reality of low interest rates and consistent price increases, leading to the approval of many urban renewal plans with limited economic feasibility. The rise in interest rates and the slowdown in sales following October 7th have restored some caution that we had lost, showing that the market can behave differently.”
For the full article please click here
09.01.2025
The public share issuance process of the Ashtrom Group has been completed, raising approximately 600 million NIS
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14.01.2025
The position of the Gush Katif evacuees regarding the cancellation of the establishment of a logistics center near their homes has been accepted
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13.01.2025
The Psagot Group is acquiring 100% of the shares of R.G.A Cleaning Services and the financing activities of its subsidiary, Rogon Assets
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13.01.2025
The state fails to make services accessible to populations that avoid using digital platforms
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02.01.2025
