ICR submits major urban renewal plan in Haifa: 2,400 housing units
The major urban renewal plan for the Kiryat Shprinzak neighborhood in Haifa.
The major urban renewal plan for the Kiryat Shprinzak neighborhood in Haifa.
Neighborhood Corner: How a community of Central Asian Jews created one of Jerusalem’s most distinctive neighborhoods.
Mivne Real Estate Group reported Q2 2025 net profit up ~20% to NIS 210 million, with first-half profit rising 45% to ~ NIS 421 million.
Analysis by Globes reveals that the Israeli real estate market is undergoing changes that are not quantitative but structural - the middle class is abandoning the market.
Hachshara Insurance, part of Elazar Group, bought 49% of Giza Singer Even’s non-bank lender, offering real estate-backed residential loans, advancing its credit expansion strategy.
Almog Group has started demolishing a four-story railway building on Rosh Pina Street to build two boutique buildings with 46 new apartments. What will the current owners receive?
Rami Levy Real Estate’s new Psagot Afek project in Rosh HaAyin will feature commerce, jobs, and housing, with unique design, active facades, green spaces, and high-standard apartments.
The purchase price for the stake is $106 m., with the sellers, New York’s Chetrit Group, retaining roughly 40% of the asset, according to the announcement.
Bonus offers a new financing model: credit after zoning approval and 67% signatures, allowing funds for growth, speeding processes, and boosting resident trust in urban renewal projects.
The National Council completed the reform’s final phase: all new buildings require certified inspection, except special cases. Ariela Yariv Gotenberg calls it a key milestone in licensing.