Little things happening in the big world of real estate. Openings, launches, appointments and events
Basel Park in Petah Tikva.
A tower of NIS 350 million
Photography:
Imaging: evolve media
Produced by the Department of Special Supplements
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The construction of the Basel Park project in Petah Tikva has begun.
The Parktek employment area (Kiryat Arie) in Petah Tikva is expanding.
A purchasing group organized by the Soprin Group and the Weiss Group received a building permit this week for the construction of an office tower at a construction cost of about NIS 350 million.
A preliminary project in Israel of an underground reservoir that will absorb the excess rainwater will be installed in the new power plant being built in Kiryat Gat, in order to protect the sensitive facilities from excess floods.
The 1,000-cubic-meter reservoir will be built over the next week using German technology brought to Israel by the Agrolan company, which specializes in environmental solutions.
The district committee approved for deposit two plans for urban renewal at Givat Rambam in Givatayim on an area of 1.7 dunams, on Rambam Street (21,23 and 25,27).
The plan includes two new 9-story residential buildings with a commercial facade, in which 54 public housing units will be allocated for the benefit of kindergartens.
The Ministry of Construction and Housing and Amigur, a subsidiary of the Jewish Agency, have signed an option to exercise an agreement on the management of senior housing for an additional nine years, with a budget of NIS 475.2 million.
The Rami Tenders Committee announced the Arazi Hanegev as winners in a tender for the construction of 413 housing units in 2 complexes in saturated construction and commerce in Bnei Brak at a reduced price route.
Of these, 30% will be sold on the free market, and 70% will be sold at a reduced price.
The company's bid is NIS 12,150 per square meter plus consideration for the land. The maximum price published in the tender - NIS 13,850 per square meter without VAT. Minimum price in the tender - NIS 12,150 per square meter without VAT.
Acro Real Estate and Canada Israel are increasing their holdings in the supply of offices in the Microsoft campus area, where they own, and are purchasing a plot of land for employment in Herzliya Pituach for NIS 65 million as part of a process of dissolving a partnership between owners.
After years in which no land was marketed in the city, Kfar Qassem goes out to develop and market hundreds of residential housing units in the Al-Shaab neighborhoods, half of them at a reduced price.
Azorim announces the signing of an agreement with the Beit HaFarot supermarket for renting commercial space on Arbaa Street in Tel Aviv.
This is the first branch in Tel Aviv of the old Jerusalem chain, which has 10 branches in the Jerusalem area.
An area of about 400 square meters was leased for a period of 10 years.
After the first land tender for a reduced price in Be'er Sheva was canceled in November, Rami announced the names of the winners of the first tenders for a reduced price in Ofakim. A residential, employment and commercial project that will include 145 housing units, 2,100 square meters of commercial space and 4,200 square meters of employment space.
In the second lot in Ofakim, Chai Rafael Entrepreneurship and Construction won.
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Gev-Yam has signed its first lease agreement with the Jerusalem Foundation Leitrix in the Hebrew Park, which is currently located within the Safra Campus in Givat Ram at the Hebrew University of Jerusalem.
Under the agreement, Leitrix leased an area of approximately 16,000 square meters for a period of 10 years, for a total consideration of approximately NIS 190 million (Gev-Yam share - 66% - approximately NIS 125 million).
Adv. Moshe Hardy joins as a partner in the reality group and will manage a new activity in the field of real estate.
Adv. Hardy (married + 3) was a senior partner and head of the real estate department at Herzog Fox Ne'eman, where he worked for about 25 years.
The Gev-Yam Group has approved the appointment of Eldad Fresher as chairman. Fresher served as CEO of Mizrahi Tefahot Bank until about six months ago and will replace Alejandro Elstein, the brother of the outgoing controlling shareholder, Eduardo Elstein
Produced by the Department of Special Supplements