Weekly Commercial Real Estate News of Israel 476#
Technology is undermining the foundation of real estate asset value. It is changing the way humans use retail, office, residential, lodging and industrial space. It is redefining the meaning of location, visibility, and accessibility. It is democratizing access to capital, relationships, and information. It is eroding the power of regulation and the validity of zoning law. It is even questioning the very idea that land is a scares and finite resource. No asset is safe. Office landlords in central London, retailers in 5th avenue, hotel operators next to Disneyland, and logistics facilities outside Shanghai are being challenged by new types of competitors and consumer behaviors. Value is shifting away from the asset themselves, toward those who can understand the needs of specific end users and deliver comprehensive, on demand solutions. Customers are becoming increasingly sophisticated, demanding, and pickle. Technology enables companies from different industries and different sizes to compete directly with one another. The battlefront is expanding to new sources of value, including data, partnerships, value-added services branded experiences, short-term access, community and more. This introduces a variety of new ways to make money, and to loss it as well. All the above and much more is from the intro of Dror Poleg’s interesting book Rethinking Real Estate. Israeli commercial real estate deals MISHORIM REAL ESTSTE INVESTMENTS LTD is buying the Plaza Holiday Mall (130,00ft2) in Tampa for $8.5 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. |
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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.