Little things happening in the big world of real estate • Openings, launches, appointments and events
Renewal on Kellner Street in Jerusalem
Photography:
Imaging: Eli Ridge Architects
Produced by the Department of Special Supplements
The district committee approved an urban renewal plan on Kellner Street in Kiryat Yuval in Jerusalem.
The plan includes four 19-story residential buildings, with 420 housing units, 350 square meters of public space including kindergartens and 400 square meters of commercial space.
Teva, which leased the Whitanya Tower Ramat Hachayal in Tel Aviv in its entirety, will begin the move from a number of properties in Petah Tikva later this month, so that the entire company headquarters will operate from one 17-story tower, with 19,500 square meters of offices and 700 parking spaces.
Teva rented the building for a period of 12 years with an option to extend it to 25 years.
The initial annual rent is NIS 26.7 million, and it is updated after 5 years with an addition of 7% and at each date of exercise of an option by an additional 5%.
The Appeals Committee of the National Council has decided unanimously to reject the appeals filed against the Green Denmark Plan in Haifa.
This gave validity to the decision of the Haifa District Committee.
In its decision, the committee noted that "the appellants' desire to preserve the existing nature of construction in the area even in the plan area adjacent to them, or in their city, or to maintain a planning stalemate, is not based on a legitimate expectation."
Adv. Keren Maoz has been appointed VP of Marketing and Business Development at the Best Group.
Maoz has more than 15 years of experience in real estate (locating, properties and construction) in Israel and abroad, as well as in the management, operation and ongoing activities of offices in Israel and around the world.
Ruby Capital, which specializes in financing and real estate investments, provided 2 loans of NIS 25 million each for the construction of 2 residential projects on Arlinger Street in Haifa and Ben Yehuda in Tel Aviv, with 35 apartments.
For the first time in the history of Tel Aviv-Yafo, all the activists of the neighborhoods in the city from north to south united for one purpose - the abolition of the property tax increase.
The residents sent a letter to the Minister of the Interior, in which they claimed that the property tax had increased by about 7% in the last 4 years.
"Now that we are in the most difficult period in the history of the country, Mayor Huldai and city council members have decided to raise the property tax by another 1.1% for all city residents and buildings since 2010 by 5%," the interior minister wrote.
The Tel Aviv Municipality stated: "The city's property tax is the lowest in Gush Dan. The tariff update fulfills the desire for a fair and equitable charge."
Real estate appraiser Adina Greenberg was hired by Eldad Perry's trustees to reassess the value of the group's assets in order to realize them.
At the same time, contacts are being held with Besser and Danya Cebus to complete the projects.
Suspicion of sales offenses in an office project in Ashdod - collection of funds without collateral.
For the first time, the Sale Law Unit of the Ministry of Construction and Housing uses its authority even when it is not a new project, after the legal analysis led to the conclusion that the Sale Law applies to transactions.
To the extent that it is determined at the end of the procedure that the company has violated the law, it may be subject to a fine of up to NIS 10 million and may even file a criminal proceeding, if it does not correct the defects.
It was learned that the company in question had recently entered a stay of proceedings.
"We will continue to work to protect buyers' money and enforce the law," said Yair Pines, director general of the Ministry of Construction and Housing.
Efi Properties reports on the opening of the Efi Brasov mall in Romania, led by 'Danya Cebus', with an investment of about NIS 550 million.
The mall covers about 43,000 square meters, which are rented almost in full. These days, the company occupies the office building, which was built above the mall, on about 15,000 square meters.
The mall, which joins the company's two malls in Romania, is expected to generate revenues of more than NIS 50 million a year.
The company's three malls in Romania are expected to generate revenues of more than NIS 200 million a year.
The Jerusalem District Committee has decided to promote three detailed plans for the station complex, which combine housing, hotels, employment and commerce.
The plan emphasizes the preservation of the historic buildings that will be integrated into the public space, the promenade and the new construction.
Jerusalem District Planner at the Planning Administration, Shira Talmei-Babai, noted that "the station complex will be an example of an intensive urban fabric, which provides quality of life for residents and a focus of interest for the entire city."
Moshe Leon, Mayor of Jerusalem: "This is one of the largest and most important projects in the city, which will add thousands of jobs in the high-tech field."
Produced by the Department of Special Supplements