Anat Georgi

Ocif Aviv is appealing the award of a central Tel Aviv land tender to Dankner Investment. The latter's bid to build in the area of the Bezalel clothes market, near the Carmel Market in the heart of Tel Aviv, does not comply with the tender terms, claims Ocif Aviv. It should therefore be crowned the winner, it argues.

Habas Investments, the developer of the project, no longer thinks that it will be able to hand over the apartments it has sold in the project on schedule - toward the end of 2007.

Realtors in the north believe the price reached on the deal reflects a rise in property prices in prime locations in the region.

Were those press releases trumpeting major price hikes no more than a PR exercise to stimulate sales?

Some 120 families of Gaza Strip evacuees have recently signed a request to settle in the beachfront Ashkelon neighborhood Barnea, in the north of the city.

Construction and infrastructure company Solel Boneh is attempting to sell its way out of the dire straits it has been experiencing lately.

Eyal Fanian, the owner of Fanian Project Marketing, which specializes in handling real estate projects, says that industrial espionage takes place at almost all construction sites and any company dealing with more than one project is being marketed.

Veteran construction company Mei Arad, controlled by Goel and Gideon Avrahami, applied to the Be'er Sheva District Court yesterday for court protection from its creditors.

Some Gaza residents were busy in another struggle other than the disengagement this week - adjusting to a new home.

The percentage of companies and businesses in the construction industry that are high credit risks fell during the first half of 2005, to 17 percent, down from 23 percent in the parallel period of 2004.

Reform of foreign worker employment conditions are increasing the cost of construction, say contractors.

The Habas group has sold 75 percent of the apartments in the first stage of its Tel Aviv Yoo project for NIS 300 million, according to market estimates.

The cabinet awarded a valuable gift to its citizens Monday: approval of the Gadish Committee recommendations for reform of the Israel Lands Administration.

Ogen Yielding Real Estate will begin constructing a new commercial center in Rehovot within the next three months, to be located near the Rehovot science park.

One skyscraper designated to join existing office buildings will be constructed on land that the police station at the northern end of Dizengoff Street currently occupies.

The heirs' lack of experience in the land development business often leads to fantasies of wealth from the sale of the land or from the apartments that will be built on it, Koresh notes.