ארכיון Real Estate

January 3, 2019

Article: Saving Israel’s National Outline Plan 38 for Urban Renewal

Adv. Alon Wolner, who coordinates the urban renewal sector at our firm, published an article on Calcalist Dun's 100 website about the changing trend in urban renewal from NOP 38 projects to pinui-binui.

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November 25, 2018

Israel Threatens to Tax Airbnb for Delisting West Bank Rentals

Adv. Harel Perlmutter was interviewed by Bloomberg BNA following Airbnb's decision to remove listings in the West Bank.

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October 24, 2018

Can You Prevent Neighbors from Renting Out Apartments on Airbnb?

Adv. Ariel Nadler was interviewed by CalcalistTV on the decision by the Supervisor of Land Registration at the Ministry of Justice to forbid an apartment owner in a building in Tel Aviv from using his apartment for short-terms rentals (Airbnb, Booking).

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October 24, 2018

Are Short-Term Property Rentals Legal?

Adv. Ariel Nadler, head of the Real Estate Department, was interviewed on a financial radio program at the Public Broadcasting Corporation about the possibility of property owners and sub-tenants renting out apartments for the duration of the Eurovision Song Contest (starting at min. 44).

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September 6, 2018

"Mechir Lamishtaken" Lottery Deemed Illegal

Our Internet Department was interviewed by TheMarker about the lottery mechanism of the "Mechir Lamishtaken" plan. The mechanism was deemed illegal after it was discovered a permit was not obtained as required under Israel's Penal Code.

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May 27, 2018

Barnea Represents Yad Hanna in Agreement to Lease and Construct Logistics Center for Diplomat

Our firm is representing Yad Hanna in a long-term lease agreement of 30 dunams in its industrial zone for the construction of Diplomat's new logistics center. The construction is valued at ILS 230 million.

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May 30, 2018

Israel Proposes Personal Stock Investment Accounts with Tax Perks

We were interviewed by Bloomberg BNA regarding a new bill, according to which anyone who sells his apartment is entitled to open a special investment account that will benefit from deferring payment of tax on capital gains.

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March 30, 2018

Israel Wants to Be First Country to Collect Tax Via Airbnb

Adv. Harel Perlmutter, the head of our Tax Department, was interviewed by Bloomberg BNA following the announcement of Israel's plans to tax Airbnb hosts directly through the service’s website.

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November 28, 2017

Important Real Estate-Related Legal Decisions in 2017

Adv. Ariel Nadler, head of our firm's Real Estate Department, was interviewed by TheMarker's real estate magazine on the cancellation of the Multiple Housing Taxation Law by the Supreme Court. Ariel commented that regulators will now have to provide a solution to those people who already sold their apartments in order to enjoy the tax benefit that was guaranteed. He also noted that the cancellation will affect apartment owners considering to sell.

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November 13, 2017

Seminar with Tel Aviv Stock Exchange and Israel Builders Association

Barnea hosted, together with the Tel Aviv Stock Exchange and the Israel Builders Association, a seminar for real estate and infrastructure companies exploring a potential IPO. We discussed IPO from the perspective of a regulator.

October 15, 2017

District Court Rejects Scheduled Vote of Purchase Group United Sarona

The Tel Aviv District Court granted a motion by more than 50 members of the United Sarona purchase group to block a vote at a meeting scheduled for today. The members, represented by Adv. Zohar Lande, head of Barnea’s Litigation Department, argued that the process of convening the meeting was materially flawed, including a failure to provide sufficient information.

Article from The Marker

Article from Walla Nadlan

Article from Globes

Article from Calcalist

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July 2, 2017

Barnea Represents Avgol in Sale of Its Rights in the Barkan Plant

Barnea represented Avgol in the sale of its rights in the Barkan plant for ILS 52.5 million. Avgol is in the process of transfering its production center in Israel to Dimona.

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June 18, 2017

Barnea Represents Africa Israel Europe in Commercial and Residential Project in Serbia

Barnea is representing Africa Israel Europe in the establishment of a new commercial and residential project in Serbia called "Skyline Belgrade" at an estimated cost of EUR 200 million.

May 4, 2017

ASRR Capital Sells Holdings in Denisra-Ranitec Real Estate

Our firm represented the public real estate company ASRR in the ILS 6.5 million sale of its holdings in Denisra-Ranitec Real Estate.

March 3, 2017

High Court of Justice: Gatekeeper of the New Multi-Apartment Act

Adv. Maya Zisser, a partner in our Real Estate Department, published an article in TheMarker following a High Court order requiring the State to explain why the new Multi-Apartment Act should not be struck down. Maya advised those affected by the law to refrain from taking steps to avoid its application, as those steps may be irreversible.

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January 31, 2017

Barnea Hosts Delegation from Germany

Barnea is hosting today a delegation from Germany visiting Israel for the first time to seek out investment and cooperation opportunities, mainly in the real estate and insurance tech fields.

January 25, 2017

Seminar on New Multiple Housing Taxation Law

Barnea will host a morning seminar on February 14 on the new Multiple Housing Taxation Law. Adv. Maya Zisser, a partner in our Real Estate Department, will discuss who is subject to the new tax, the applicable rates, payment methods, exemptions, and credits. Adv. Harel Perlmutter of our Tax Department will discuss opportunities to reduce tax on rental income.

December 16, 2016

Knesset Finance Committee Passes Third Apartment Tax Bill

Adv. Maya Zisser, a partner in our Real Estate Department, was interviewed by Bizportal following the approval of the third apartment tax bill by the Kesset Finance Committee. Maya commented that we will not see a wave of sales of flats by owners of third apartments. Instead, owners will pass on the burden to tenants by way of increased rental prices.

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December 13, 2016

Financial Catch of Mechir Lemishtaken Affordable Housing Program

Adv. Ariel Nadler, a partner and head of our Real Estate Department, was interviewed by Bizportal following the cancellation of Mechir Lemishtaken winners’ eligibility due to financing difficulties. Ariel explained that, when payments are secured by a bank guarantee, the payment schedule may allow buyers to pay 20% of the apartment’s purchase price upfront and the remaining 80% once the occupancy permit (Tofes 4) is issued. He recommends deferring as much of the purchase price as possible to the final payment.

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October 30, 2016

Does Granting Foreign Companies Permits to Perform Construction Work in Israel Create Healthy Competition or Hurt Small Construction Companies?

Adv. Ariel Nadler, a partner and head of our Real Estate Department, told Ynet that opening the market to foreign companies is a positive step. He also addressed potential challenges for consumers dealing with foreign companies, expressing confidence that the Ministries of Finance and Construction would require adequate guarantees to address construction defects and ensure construction quality.

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