Tax issues of all-rental residential property in israel

The Knesset has just passed the Law for the Encouragement of Construction of Residential Property, 2007.
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Jerusalem Hotel Lot For Sale - 14 million $

Jerusalem Hotel Lot For Sale - 14 million $.
building rights approval for 32.000 square meters.
For more information : itimar@gmail.com

The Israel Land Administration will market land for 25,000 housing units during 2007.

The Israel Land Administration (ILA) will market land for 25,000 housing units during 2007, 30% more land than in 2006, when it marketed land for 17,200 housing units. The increase is because of the release of rezoned land at kibbutzim and moshavim.

Tel Aviv Property Up

Tel Aviv, Trans-Yarkon neighborhoods: A 105-sq.m. four-room apartment with a storeroom and two parking spaces in the Large Bloc, was sold for $480,000. A 120-sq.m. three-room apartment with parking and fitness room and guard in the lobby on Sambursky St., New Ramat Aviv Gimmel, was sold for $550,000

Who did benefit from Delek's offering? Ahuvi, that's who

Real estate developer Yigal Ahuvi, who was Delek's partner in some projects and sold Delek Real Estate his rights to joint properties before the offering, will now, after the offering, receive 91 million pounds sterling..Read More...

Israel Land Administration employee suspected of selling state land

The Israel Police Economic Crimes Unit today arrested a senior Israel Land Administration (ILA) employee on suspicion of accepting bribes from private parties in exchange for transferring to them state land on the Golan Heights. The damage is estimated at millions of shekels.

Discount Bank wary of real estate

"The wave of bond issues has raised land prices and risk."

Tzukei Arsuf to sue over cancellation of $97m luxury seaside project

The Central Regional Planning Commission won’t allow a gated community at Kibbutz Gaash.

Securities Authority clarification follows Africa-Israel affair

The authority warned that a company officer or controlling shareholder making public disclosures may be suspected of manipulation.

Israeli investors seeking green properties in UK

UK has begun to implement energy saving measures in its building and property laws. Therefore, it is no longer enough for Israeli investors to consider legal and tax aspects in both countries Read More

Global property forecast 2007 - the REIT way to go

Global property markets advanced on mergers & acquisitions (M&A) activity, increased money inflows (primarily through REIT IPOs) and improving underlying fundamentals. As we move into 2007..Read More...

Israel Property prove good investment

Those who were lucky or wise enough to have invested in real estate companies Alony Hetz and Gazit-Globe in the late 1990s are now enjoying the fruits of their choices,Read More...

Gindi ITowers sells mall to Harel for NIS 120m

Gindi Investment has already leased 80% of the mall at $50-60 per sq.m. to fashion stores, restaurants, cafes, and banks, and at $40 per sq.m. to the anchor stores, such as supermarkets, pharmacy chains and health funds. Leases are for three-five years, with options to extend for three-five years.

Tel aviv big sea view lot for sale

On the coast - great center city location thawed for hotel /condo hotel
For more information: itimar@gmail.com

Gaydamak buys real estate firm Ocif in surprise move

In a lightning move on the eve of the Passover holiday, Arcadi Gaydamak bought control of real estate firm Ocif Investment and Development for NIS 580 million.Read More...

California dreaming in Jerusalem

'All the furniture came from our home in Los Angeles," the owner of this renovated Templer house in Jerusalem's German Colony tells me. Read More...

Apartments sold and rented

Tel Aviv: A 235-sq.m. six-room house on Adirim St., Zahala, was sold for $570,000. A 115-sq.m. four-room apartment on Dissenchik St. was sold for $310,000. A 120-sq.m. four-room apartment on Mevo Gilat St. was sold for $348,000 A two-room apartment in need of renovation on Shtand St. was sold for $228,000. A 58-sq.m. two-room apartment on Gideon St. was sold for $197,000 .

Gazit-Globe 2006 profit almost doubles to NIS 361m

Gazit-Globe Ltd today published its financial reports for the fourth quarter of 2006 and the year as a whole. The company posted a profit of NIS 361 million in 2006, compared with NIS 188 million in 2005, excluding one-time factors.