title: Globes - Real estate
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Description: Real Estate news from Globes israeli business newspaper
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Copyrights: Globes 2012
Number of items: 20
Last updated: Sun, 20 May 2012 18:31:01
Link to site: http://www.globes.co.il
Link to RSS feed: Link to RSS feed
Gov't passes earthquake retrofitting amendmentIt will now be possible to add 2.5 additional floors to buildings as part of National Outline Plan (retrofitting structures against earthquake). Apartments sold and rented
Home purchases by young couples rose 12% in Q1Finance Ministry: Young couples bought 42% of all apartments sold in the first quarter. Dankner, Tshuva seek Las Vegas Plaza debt settlementThey are offering the lenders, led by Credit Suisse, either a 45-60% haircut, or a 10-year moratorium on repayment of the loan. Home prices unchanged in first quarter of 2012Prices at the end of the first quarter were unchanged from the previous quarter, and down 3% from the corresponding quarter. Gaia, partner, buy 9,500 US rental apartments for $446mHalf the rental apartments are in Dallas, and the rest are in cities from Fort Lauderdale to Phoenix. Blue Square Real Estate to build Comverse's Ra'anana HQComverse's HQ on a Blue Square lot in will cost NIS 200 million, plus finishing. Yitzhak Tshuva no longer caresDelek Real Estate's bondholders, who are threatening to liquidate the company, have misjudged the situation. Home price indices? Go figureChaos reigns worldwide, not just in Israel, when it comes to data on home price trends. Netanyahu's planning reform will flopTowns in the periphery will not meet the authorized planning commission criteria for 50 years. Fischer is losing control of inflationThe pricing of government bonds indicates a total loss of confidence in monetary policy. Home prices aren't plummeting. Period.Despite the predictions, the dream of an affordable home for young couples is still a dream. Haredim take allNow Netanyahu and Steinitz are partners in the ruse to divert affordable housing to one section of the population. Contractors are crying wolfEven without new, cheap, and available credit, the cranes will undoubtedly not disappear from the Israeli landscape. Fischer wants stability, Atias wants votesThe real estate industry will have to adapt to what the Bank of Israel deems reasonable in the present circumstances. Bet on Tshuva's reputation staying intactTshuva is betting that when Delek offers bonds to finance natural gas wells, the institutions will stand in line to buy. Ofers wash their dirty linen in publicDoron disappointed daddy, who decided to give Liora the chance. Home prices figures are nonsenseThe Finance Ministry has told us every month for the past 18 months that home prices have been falling. Reality will be stronger than the housing lawIn a falling market, few will want to take advantage of the streamlined planning procedures. No housing shortage over the Green Line9% of GDP beyond the Green Line comes from construction, compared with 4.7% of GDP within the Green Line. |
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