The future is unknown, and difficult to predict. Half a year ago (past), during the pandemic, there was talk of reducing space, working from home, falling prices – a real estate catastrophe .
In the current reality, in present Tel Aviv, it is difficult to even find vacant office space, and certainly not in an A type building.
Amazon, Check Point and other companies are reporting massive employee recruitment, and entrepreneurial companies are reporting a real increase in rents. The hi-tech locomotive is speeding ahead, dragging many complementary industries behind it, and offices are being hijacked as if there is no tomorrow.
You snooze you lose. And that’s the situation until further notice!
Israeli commercial real estate deals
RAPYD leases 15 floors in Azrieli’s triangle, spiral towers (Globes).
ENCORE PROPERTIES LTD to sell Tessera and Sendero for $103 million.
VITANIA to build and lease Ness Ziona project to LANDA LABS (Globes).
Commercial Real Estate Opportunities:
For sale 2,200M2 commercial building in Petah Tikva, in the center of Israel.
For sale one floor (1,150M2) 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 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.
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.