Industry sources see lower interest rates, higher demand, and a return of foreign workers all flowing from the agreement.
The enlarged hotel is scheduled to open in 2028.
A selection of recent real estate deals in Israel in Tel Aviv, Kiryat Ono, Rehovot, Karmiel, Ashkelon.
Melisron will pay Migdal NIS 818 million for 51% of the land rights in one of Israel's largest malls, with up to 40,000 visitors daily in the holiday season.
"Globes" examines some of the most expensive recent real estate deals, as the high-end market is having one of its worst years.
Three 40-floor residential towers and a large park and lake are in advanced stages of construction.
The amount paid for the house on Hagoshrim is the second highest price paid for a home in the Galilee.
A selection of recent real estate deals in Israel in Jerusalem, Tel Mond, Ganei Tikva, Kfar Vradim, Nesher, and Sderot.
Unattractive locations, poor public transport, excess supply of office space, and a slowdown in the tech sector that is reducing demand means some office towers outside Tel Aviv are half empty.
Vertical City in Ramat Gan will include a 72-floor high-rise with apartments to rent for young families, and student dormitories.
Enav is promoting over 35 urban renewal projects throughout the country totaling about 25,000 housing units.
The seller of the house in the Tzahala neighborhood is realtor Rafi Kalina. The price is the highest paid for a Tel Aviv property so far this year.
Between May and July 2025, about 21,640 apartments were sold, down about 20% from the corresponding period last year, the Central Bureau of Statistics reports.
A selection of recent real estate deals in Israel in Mevaseret Zion, Tel Aviv, Ramat Gan, Givatayim, Modi'in and Kiryat Bialik.
While Tel Aviv is seeing a fall in deals and apartment prices, a different picture is emerging in Jaffa where the Red Line has connected the historic port city to the heart of Tel Aviv.
The tower will be a mixed-use project, which will include approximately 60,000 square meters office space, commercial space and a 3,000 square meter auditorium with 640 seats.