Little things happening in the big world of real estate • Openings, launches, appointments and events
Ayala Towers in the Zrifin compound.
Work has begun
Photography:
Imaging: Ivalb Media
Produced by the Department of Special Supplements
Over the past week, the Tel Aviv District Planning and Construction Committee has issued an excavation and dipping permit for the Ayala Towers project, led by the Ayala Agam real estate company. This is the first office towers project to be built in the complex. On the area of the military camp, which has already been fully evacuated.
An underground car park will also be built.
Work on the compound has begun.
Tzemach Hamerman sold 58 units in the Yaara Boutique project in Tzur Yitzhak to a third party, for NIS 90.8 million, thus completing the sale of the entire project, which includes 68 units, before its construction.
According to the plan, the construction work began a few weeks ago and is expected to take about two years.
Rotem Shani will begin construction on a project in Givat Rambam in Givatayim in the amount of 56 units. The project expects revenues of NIS 87 million, a profit of NIS 15 million and an early sales rate of 42%. This is after the company completed an IPO last week and raised 46 million NIS.
The second tower in Yitzhak Tshuva's Babylonian project is also realized.
Businessman Tzachi Abu is expected to purchase 65% of the company's shares in the project, which owns Tower 2 of the project, for NIS 89 million.
The value of the tower is NIS 140 million.
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The two mythological bands Mishina and Beehive will win squares that will be named after oil in the city of Haifa.
The National Infrastructure Committee has decided to continue promoting four power plants, including those in Kesem and Hadera.
This is despite the fact that the mayors of Sharon, who oppose the plan, were notified of its cancellation several months ago.
One of the mayors said angrily, "They lied to us."
Excess demand in the issuance of Rothstein Real Estate's bonds, with demand of NIS 158 million in the institutional phase. The company chose to raise NIS 100 million. The institutional phase closed with a shekel interest rate of 3.56% - lower than the maximum interest rate offered by investors .
Produced by the Department of Special Supplements