Owners in the Carmel Beach Resort sued when the hotels, shops and marina they say the company promised them never materialized - and lost in court.
by Arik Mirovsky 0 commentsIsrael real estate
Sand castles in the air
Israel's tallest skyscraper to be built in Tel Aviv suburb
Givatayim office tower will reach 70 stories; construction to last five years.
by Ilan Lior 14 comments
Plan to free up Tel Aviv parking may hold out-of-towners in chokehold
Plan's goal is to alleviate parking congestion and free up spots for residents; it still needs approval of city council, interior and transport ministries.
by Ilan Lior 5 comments
Public losing up to NIS 1 billion on Delek Real Estate debt agreement
Under new deal, the bondholders are accepting a haircut of 25% to 50%, meaning they stand to lose as much as half the NIS 1.6 billion they lent the company.
by Michael Rochvarger and Zvi Zrahiya 0 comments