Surprise: despite the war, the office market in the south shows an increase in prices. Office market in Tel Aviv shows a downward price correction, with an average price decrease of 3.6%.
This is according to a report published today (Wednesday) by the NEWMARK NATAM company, which provides diverse real estate services to the business sector. The cooling in high-tech continues also in the second half of 2023. The Red Line of the light rail began operating in August 2023, and already demand from tenants for offices close to the route is felt.