|Retail trends around the globe. The retail sector can be divided into four subgroups: (1) Shopping malls (2) street commerce (3) outlets and lifestyle centers (4) neighborhood centers and power centers. By all accounts, the retail sector has been significantly harmed; the degree of damage will be determined by the length and developing characteristics of the pandemic. At the same time, we believe that, as in any crisis, there will be winners and losers in the sector. For the time being, it seems the “open-air” retail complexes will endure and could even emerge stronger in the post-COVID world. Right after the first lock down, when people went out from the curfew, there was a significant increase in transactions in such complexes, that even outpaced the turnover in 2019. Evidently, the population plans to continue frequenting amenities such as the gym and has not given up on utilizing many of the services it has come accustomed to enjoying in the past.As for investments, it is currently difficult to forecast the market, due to the extremely scarce number of transactions. However, from the few transactions that are progressing, and contrary to some of what has been reported in the media, the returns are almost unchanged, and the prices remain stable.We would be delighted to share our experience, knowledge of investment availability and forecasts surrounding this subject, both in the Israeli market and around the world.In the coming weeks, we will cover the ongoing ‘battle’ between brick-and-mortar stores and e-commerce…|
Big wins AY – Propertech
Completes office lease transaction in Tel Aviv.
Israeli commercial real estate deals
LODZIA-ROTEX INVESTMENT LTD is buying a lot at New haven, Connecticut.
Commercial Real Estate Opportunities:
For sale 2,200M2 commercial building in Petah Tikva, in the center of Israel.
For sale two floors (2,300M2) out of five, in a comercial building in the center of Tel Aviv.
For Sale in Tel Aviv 600M2 floor, (one out of 4) + 13 parking spaces.
For lease, in Holon till 1,500M2 office space, high floors (flyer attached).
For lease, in Alon Tower Tel Aviv 156M2 office space, high floor, 5 rooms.
For lease, in Or Yehuda, 600M2 office space ready to occupy.
For lease, in Petah Tikva 1,700M2 office space ready to occupy.
For lease in Kadima, commercial units in a new neighborhood commercial center.
The purpose of this Newsletter is to update you with Commercial Real Estate information related to companies from Israel. The information contained herein does not constitute an opinion or professional advice. It is recommended to use the information detailed in this Newsletter only after consultation with the appropriate professional consultants from our office.
Propertech Real Estate is a commercial real estate boutique, a leader in providing professional and unique brokerage services for office spaces, logistics spaces, commercial buildings, brokering and negotiating investment real estate transactions, land, etc,
managed by Avi Gimpel and Guy Amosi.