Cato Networks expands office space in Tel Aviv

Cato sees the offices accommodating over 500 employees, who will be added to the company’s existing 1,700 employees, about half of whom are in Israel.

Israel’s biggest data center to be built in Ashdod

Serverfarm and Israel Infrastructure Fund will build the 130 megawatts data center for Dalia Energy, with a $1.5 billion investment.

Foreign resident buys seven Jerusalem apartments

A foreign resident has bought seven new four-room apartments in the New Talpiot project in Jerusalem for NIS 27 million.

Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Beit Shemesh, Givatayim, Rishon Lezion, Nahariya and Beersheva.

Qualcomm leases office space in Netanya

Qualcomm will pay Isras NIS 60 per square meter for the office space in Park Ogen for the Autotalks startup it acquired last year.

Real estate merger: Israel Canada buys Acro for NIS 3.1b

The huge merger will make Israel Canada the country’s biggest real estate developer with a company valuation of NIS 10.1 billion.

Danna Azrieli appointed permanent Azrieli CEO

She has served as acting CEO for the past six months after Ron Avidan resigned after just a few months in the position.

Karmiel home sold for NIS 5m

The 286 square meter detached house on a 536 square meter lot is in the west of the city.

Annual inflation in Israel falls below 2%

Inflation in Israel is at its lowest rate since 2021, after the January Consumer Price Index fell more heavily than expected, but home prices continued to rise.

Apartments sold and rented

A selection of recent real estate deals in Israel in Ramat Gan, Bat Yam, Afula, Tirat Hacarmel, Safed, and Katzrin.

Leumi Partners buys stake in real estate co Avney Derech

In the latest in a series of acquisitions, Bank Leumi is buying 17% of Avney Derech at a pre-money valuation of NIS 460 million.

Jerusalem overtakes Tel Aviv for homes sold

5,638 homes were sold last year in Jerusalem and 5,159 in Tel Aviv, the Central Bureau of Statistics reports, as the market recorded a severe slump.

Israel Canada buys two Galilee kibbutz hotels

Israel Canada will pay NIS 142 million for 50% stakes in the Galilion and Kfar Giladi hotels.

Bank of Israel toughens mortgage equity requirements

Mortgages are also being increased for homebuyers, but under strict equity conditions, and without allowing the loan to be spread over more than 30 years.

Wiz CEO buys Rishpon plot for NIS 40m

Assaf Rappaport has purchased a plot on the Sharon region moshav.

Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Holon, Ganei Tikvah, Rehovot, Haifa and Shlomi.