|I miss the smell at the Abercrombie & Fitch store…. Shops or E-comers (buy online) – who do you think will win that war?In the last three or four years, the world has seen a steady increase in the use of online shopping. In the last couple of months, it has grown steadily at about 3% per quarter. Prior to Q1 2020 it was 13%, at the end of the quarter it was about 15.8%, and then jumped during the first lock-down period to 33% (reasonable). Immediately upon leaving the quarantine it plummeted to pre-pandemic values.Consumers generally like to buy products in stores. Traditionally, the shopping experience itself is a consumer behavior which is difficult to break (even for Generation Y and Generation Z). Don’t’ you miss the cool sellers from Hollister? The smell of a good book at Barnes & Noble? In addition, the cost of delivery to the customer’s home significantly erodes the profitability and viability of the manufacturer.So, it seems that the shops and traditional shopping are here to stay.Ahh … longing for the smell of LUSH too😊|
|Israeli commercial real estate deals|
ELECTRA REAL ESTATE LTD to sale portfolio of properties at Jacksonville, Florida for $53 million.
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.