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Insights & News / Real Estate
March 3, 2025
Real Estate Summit in Eilat: Adv. Terry Almozlino Arnon Moderated Expert Panel
Adv. Terry Almozlino Arnon, a partner and head of the firm's Real Estate Department, participated in the Real Estate Summit in Eilat, among dozens of real estate experts in Israel. She moderated a panel that hosted senior figures from the economy, discussing the gap between the prosperity enjoyed by income-producing real estate companies in 2024 and the forecast for 2025, in light of the measures, challenges, and obstacles expected in the coming year.
March 1, 2025
Advising Azrieli Group on Construction of Spiral Tower in Tel Aviv
Our firm is advising Azrieli Group on the development of the Spiral Tower, a building currently under construction and located east of Menachem Begin Road, in Tel Aviv’s northern business district. The group has obtained a permit to build a mixed-use skyscraper of up to 91 stories (approximately 350 meters tall), including a seven-level underground parking facility with about 1,150 spaces. The project allows for the construction of 148,000 square meters of commercial, hotel, and residential space. At the tower’s base, a 13,000-square-meter shopping mall is planned as an extension of the existing Azrieli Center Mall.
February 23, 2025
Dun's 100 - Real Estate and Urban Renewal Sector
The Dun's 100 Forum for Senior Legal Professionals in the Real Estate and Urban Renewal Sector convened to discuss the challenges and opportunities for 2025. Adv. Alon Abcasis, a partner and head of the firm's Residential Real Estate and Urban Renewal Department, addressed the impact of the Gaza war on the Israeli real estate industry in 2024 and what is next to come in 2025.
February 16, 2025
Risks and Opportunities in the Agricultural Land Market: Purchases, Risks, and Future Projections
Leading real estate companies are investing hundreds of millions of shekels in purchasing agricultural land in high-demand areas, hoping for a change in land use and the realization of enormous profit potential. Adv. Hagit Ben Moshe, a partner and head of the firm's Kibbutz Sector Department, explains in an interview the risks and opportunities involved in purchasing agricultural land, outlining the advantages of buying agricultural land, including the economic potential within this market, as well as the challenges in realizing the land's value and the risks of delays in the planning process.
July 28, 2025
Advising Azrieli Group on New Assisted Living Project Awarded in Government Tender
We are advising Azrieli Group on the development of a new assisted living project in the Sde-Dov neighborhood in northern Tel Aviv, following Azrieli’s win in a government tender for the establishment of a large-scale senior housing complex. The Sde-Dov area, located on the grounds of the former airport, is being developed into a new residential district planned to include approximately 16,000 housing units, a central park, and the preservation of historic elements.
January 20, 2025
Representing Azrieli Group in a Lease Agreement at Azrieli Business Park Holon
Our firm is representing Azrieli Group in a long-term lease agreement at Azrieli Business Park Holon, comprising a 10-year contract with options to extend for two additional five-year periods. This transaction is part of the group’s ongoing expansion in the office and employment sector in the central region.
January 12, 2025
Major Increase in Real Estate Transactions in 2024
Adv. Elad Reshtick was interviewed in Globes, following a surge in acquisitions in the urban renewal sector. As a capital markets expert, Elad discussed whether this trend could influence the IPO market.
December 2, 2024
Participation in Urban Renewal Authority Panel – Rishon Lezion
Adv. Ruth Gerbi participated in a panel organized by the Urban Renewal Authority of Rishon Lezion. The panel, which took place yesterday, discussed issues such as recalcitrant tenants, warning notices, lawyers' professional ethics, and differential changes (or disparities) between property owners and other stakeholders in the project. Ruth presented the perspective of the tenants on each of the topics.
October 27, 2024
Extension of Purchase Tax for Investors - Interview with Maya Carmi
The Ministry of Finance intends to extend purchase tax for investors, currently set at 8%, as part of the Arrangements Law for 2025, which has led to strong opposition from contractors. Adv. Maya Carmi from our firm was interviewed by Yedioth Ahronoth and stated that the purpose of freezing the tax rate is to disincentivize investors from purchasing apartments, thereby increasing the supply of available apartments and reducing prices, which would allow young couples and people from lower socio-economic backgrounds to buy homes.
October 11, 2024
Summary of Most Significant Legal Rulings in Real Estate for the Jewish Year
The Real Estate Center interviewed leading legal experts in the real estate field, including Adv. Terry Almozlino Arnon, head of our firm's Real Estate Department, on the most significant rulings of the year in planning, construction, and urban renewal. Terry highlighted a Supreme Court ruling focused on contracts made with apparent intentions and the Supreme Court’s zero-tolerance stance toward such conduct.
September 18, 2024
Minimal Purchase Tax: Upcoming Taxation Decision to Affect Real Estate Investors - Globes Interview with Terry Almozlino Arnon
The minimum purchase tax for real estate investors is expected to decrease automatically by the end of the year unless the government decides otherwise. Adv. Terry Almozlino Arnon was interviewed by Globes and noted that "this is not a market that can wait for January. In the last two years, we have experienced as effects in the real estate market the increase in interest rates, the legal reform, the Swords of Iron War, and the general uncertainty that has prevailed here."
August 27, 2024
Real Estate Taxation: Tax Aspects in Realizing Real Estate Rights
Adv. Maya Carmi Lubartovski, head of our firm’s real estate taxation practice, participated in another episode of the ACC podcast series. The new episode covers the tax aspects of cash transactions, combination transactions, construction services transactions, the tax advantages and disadvantages of different transaction structures, and more.
August 20, 2024
Real Estate Taxation: Key Things to Know When Conducting a Real Estate Transaction in Israel
As an expert in the field of real estate taxation, our firm's Adv. Maya Carmi was a guest on the ACC podcast series, providing clarity on all aspects of real estate taxation. The first two podcasts, uploaded yesterday, focus on capital gains tax and purchase tax.
July 3, 2024
Barnea: Representing Azrieli Group in Lease Transaction with NTA
Our firm represented Azrieli Group in a multimillion-shekel lease transaction with NTA – Metropolitan Mass Transit System Ltd. As part of the transaction, NTA will expand its office space at Azrieli Business Park Holon from 8,000 to 12,000 square meters. Alon Wolner and Hili Michaeli represented Azrieli in the transaction.
July 2, 2024
Contractor Loans: Terry Almozlino Arnon Interview with Globes
Terry Almozlino Arnon, the head of our firm's Real Estate Department, spoke with Globes about the future of contractor loans.
June 30, 2024
Walla: Maya Carmi Lubartovski Discusses Important Details of Gifting an Apartment
No takebacks, receiving nothing in return, and a cooling-off period—gifting an apartment to a relative offers significant tax advantages. However, it is crucial to fully understand the consequences of this move for both the giver and the recipient of the gift.
June 26, 2024
Globes: Protected Tenants and Key Money
Everything you need to know about key money transactions — the advantages, the disadvantages, and the law.
March 31, 2024
Pinui-Binui: Court Rules in Favor of Recalcitrant Tenants in Pinui-Binui Project
In an exceptional step, an Israeli court dismissed a claim filed by 243 residents against a couple in its 70s who refused to sign an agreement for a pinui-binui project. Part of the court’s rationale had to do with the couple’s age. Alon Wolner, a partner in our Real Estate Department, was interviewed by Globes about the case. Alon noted, “The court sided with the couple opposed to the project, even though they do not meet the law’s definition, and should not technically receive an elderly persons designation. The ruling thus provides an escape route, by allowing the couple to receive this designation, and enabling the project to proceed.”
April 8, 2024
Terry Almozlino Arnon Interviewed by Relevant about Third Apartment Tax
Terry Almozlino Arnon, the head our firm’s Real Estate Department, was interviewed by new Israeli media channel Relevant about renewed plans for a third apartment tax. She noted, “Reducing purchase tax will stimulate the market. A serious boost of encouragement is needed, even for a short period.”
March 13, 2024
Terry Almozlino Arnon Attends Dun’s 100 Real Estate Forum
Terry Almozlino Arnon attended the Dun’s 100 forum for senior legal professionals in the real estate field. She noted, "Real estate is a main artery in the economy and there is no area it does not touch. A real estate slowdown simulates a clogging of the arteries, and just as the body cannot survive long in such a state, neither can the economy." To continue reading, click here.