Leviev demands Boymelgreen repay $142m

Africa-Israel Investments Ltd. today unveiled an ultimatum in its 2006 financial report to Boymelgreen Developers LLC to repay a $142 million debt within nine days. The debt totaled $110 million a year ago. Shaya Boymelgreen personally guaranteed the debt.

Africa-Israel posts NIS 844m profit for 2006

Africa-Israel posted a net profit of NIS 844 million for 2006, up 30% on NIS 649 million in 2005. Net profit in the fourth quarter climbed to NIS 412 million from NIS 130 million in the corresponding quarter in 2005.

New $70m. project planned for Bar-Lev park

he management of the Bar-Lev Industrial Park in the western Galilee region together with a foreign Jewish business man are developing a new project area in the park for the use of technology advancement at a total investment of $70 million.Read more

Israel real estate investment down 1% in 2006

Manufacturers Association: Real estate investment will rise 2% in 2007 and 3% in 2008.

Local housing market shows 'two countries'

"A large number of the Sale Law's guarantees are worthless," Professor Miguel Deutch, an expert on property law at Tel Aviv University,Read more...

Tax implications of investing in Israeli property

After many years of stagnation, the Israeli residential property market seems to be on the move upwards, thanks to economic growth in Israel and overseas investors. Read more:

Malibu hopes to raise NIS 120m in TASE IPO

The company wants to raise NIS 120 million, including NIS 40 million in shares, at a company value of NIS 160 million. The offering will be on the basis of Malibu’s financial report for 2006, which means that it will be held by May.

Tel Aviv Templar building demolished

Just when the fascinating history of Tel Aviv’s 19th century Templar neighborhood of Sarona is being related and its tourist potential is becoming apparent, one of the buildings has been demolished.

Africa-Israel Properties 2006 net profit up 40%

Africa-Israel Investments Ltd. today published its financial reports for the fourth quarter of 2006 and the year as a whole. 2006 revenue totaled NIS 269 million, 15% more than the NIS 234.2 million in 2005

Resort land for sale

The neighborhood has a say

Residents have begun an aggressive public and media campaign,they have succeeded in delaying the implementation of jerusalem German Colony plan and have forced the developers to make changes. Read more

Rentals in Tel Aviv and central region

Tel Aviv: A two-room apartment on Yehezkel St. was leased for $700 a month. A two-room apartment on Spinoza St. was leased for $630 a month. A two-room apartment on la Guardia St., Yad Eliahu, was leased for $525 a month. A two-room apartment on Lincoln St. was leased for $650 a month (Student Housing Services).

Apartments sold in Tel Aviv

Tel Aviv: A 260-sq.m. six-room penthouse on Levi Eshkol St., New Ramat Aviv, was sold for $1.16 million. A 150-sq.m. five-room apartment on Borla St., Lamed neighborhood, was sold for $440,000.

Rich neighbor, poor neighbor

Jaffa is indeed an extreme case of acute differences in culture, religion and economic capabilities between new and old residents...Read more

Azrieli group to raise NIS 600m in private bond placement

Azrieli Group announced yesterday that it would raise NIS 600 million through a private bond issue to be held by its subsidiary, Canit Management.

Microsoft to rent 10,000 sqm in Herzliya Pituah

Microsoft will pay $15-18 per sq.m. per month, depending on the level of finishing, in a five-year lease with eight-year options.. The company also rented 300 parking spaces at $110 per space per month.

Delek Real Estate in talks to buy into high-tech park

Delek Real Estate Ltd. (TASE: DLKR) is negotiating to buy 33-40% of the high-tech industrial park in Hod Hasharon at a value of $50 million from Ashtrom Properties Ltd. (TASE:ASPR) and Mivtach Shamir Holdings Ltd. (TASE:MISH). The return on investment at this price will be 8.5%.

Caesarea - Front Sea View Lot for Two Villas

price: 2 million $
for more info call us at: 962547688698
itimar@gmail.com

FAIRE 1 buys 3 lots for NIS 300m

FAIRE (First American-Israel Real Estate) I Fund has bought three lots in central Israel for NIS 300 million. The fund will build 215 apartments in north Tel Aviv, Ramat Gan and Hod Hasharon.

For Sale : 15 Lots in the Sea Of Galilee

For Sale : 15 Lots Building for villas in the Sea Of Galilee
Lot: 650 m'
180.000 $

cotact: itimar@gmail.com

For Sale : Big lot for 2 villas in caesarea

For Sale A Big lot for 2 villas in caesarea
1 million $
contact: 972-547-688698
itimar@gmail.com