Tag Archive for Real Estate

Jerusalem Court: Greek Orthodox Church real estate sale to Jews wasn’t result of fraud

Greek Orthodox Church vows to appeal Jerusalem court decision upholding the sale of church property in the Old City to Jews, decrying the judgement as ‘politically motivated.’

By Arutz Sheva Staff

 

The leader of the Greek Orthodox Church in Israel said that the church will appeal a decision of the Jerusalem District Court approving the sale of church-owned land in the Old City of Jerusalem to Jews.

Imperial Hotel, Jaffa Gate, Jerusalem – Photo: Danny Gershoni/Wikimedia

The church has opposed the deal, claiming that it was made illegally by the deposed previous leader of the church.

Speaking at a news conference in Amman, Jordan, on Saturday, Patriarch Theophilos III said that the court’s ruling was “politically motivated,” and emphasized that the church will do “everything within its power so that this unjust ruling will be overturned.” Continue Reading »

European Antisemitism Now Has Scandinavian Jews Buying Homes in Israel

As in Belgium, France & the UK, anti-Semitic attacks in Denmark & Sweden are leading many from the Jewish communities there to invest in Israeli Real Estate. 

By Yael Darel, Calcalist

 

Foreigners purchasing real estate in the center of Israel is nothing new. Over the past year, however, the familiar buyers, from France, Belgium and England, have been joined by new players in the market – Scandinavian Jews, primarily from Sweden and Denmark, who have conducted dozens of real-estate deals in the country of late, focusing on apartments in high-rise buildings in Tel Aviv and Herzliya.

Prime real estate: Rothschild Boulevard in Tel AvivPrime real estate: Rothschild Boulevard in Tel Aviv

 

Some of the buyers have moved into their new apartments, and some are buying for investment purposes or in preparation for a possible move to Israel in the future. Continue Reading »

European Antisemitism Sending Scandinavia’s Jews Into Israeli Real Estate Market

Following in the footsteps of the Jews from France, Belgium & England, anti-Semitic attacks in Sweden and Denmark are motivating their Jewish communities to seek safety in Israel.

By Yael Darel, Calcalist

 

Foreigners purchasing real estate in the center of Israel is nothing new. Over the past year, however, the familiar buyers, from France, Belgium and England, have been joined by new players in the market – Scandinavian Jews, primarily from Sweden and Denmark, who have conducted dozens of real-estate deals in the country of late, focusing on apartments in high-rise buildings in Tel Aviv and Herzliya.

Prime real estate: Rothschild Boulevard in Tel Aviv

Prime real estate: Rothschild Boulevard in Tel Aviv

Some of the buyers have moved into their new apartments, and some are buying for investment purposes or in preparation for a possible move to Israel in the future.

Continue Reading »

The Tel Aviv real estate market remains strong

Southern Tel Aviv & Jaffa are still the places for investors, with peripheral neighborhoods like Kiryat Shalom, Kfar Shalem & Neve Sharett heating up.

 

 

The big new trend TheMarker identified a year ago in the Tel Aviv real estate market was a shift to the south, and this year that trend is expected to continue. Over the past year, many new apartment buildings aimed at investors were built, mostly in the south Tel Aviv Florentin neighborhood, for young renters and others who have been priced out of rentals in central and northern areas of the city.

Continue Reading »

Int’l Real Estate Report: Israel is 3rd-largest foreign investor in U.S. properties

Israelis accounted for 6% of American commercial property sales to foreigners in past 3 consecutive years.

By Reuters

 

Israeli investors are increasingly looking to invest in U.S. properties as they seek to diversify their portfolios and as local real estate has grown pricey.

The  Palm Court at the Plaza Hotel in 2008.

The Palm Court at the Plaza Hotel in 2008. – Photo: Bloomberg

A report by real estate services firm Colliers International with data through mid-2013 ranked Israel as the third-largest foreign investor in U.S. commercial real estate over the past three years with a 6% share, tied with Switzerland and behind Canada and Germany.

In the U.S. Continue Reading »