Office Market Review - H1 2019

Reviews / Office Market Review - H1 2019
Office Market Review - H1 2019

Dear readers,

 

We are excited to release our InterNews issue for the first half of 2019.

In the current issue you will find;


After the stabilization seen in Tel Aviv's rents in previous half, in the first half of 2019 there was an increase in both rents and occupancy rates. A significant jump recorded in the Yigal Alon axis, which after several years of stability, average rents there rose by around 10%.


In the Business Centers in Central Israel, a number of changes were seen; slight increases in Netanya, Kfar Saba, Petah Tikva and Rosh Ha'ayin, against declines in other areas. The sharpest and most surprising decline observed was in Herzliya, with rents falling to around ILS 92 per sqm., compared with ILS 99 per sqm. in the previous half.


Inter Israel’s investment funds continue to expand and after three years of exploring opportunities in the Spanish market, three investments were made in this market within surveyed period.


Adv. Shai Adulam provides insight for commercial real estate investors regarding real estate transactions’ due diligence.

 

All that and more in our current InterNews magazine – click here to review.


Have an enjoyable reading,


Yoram Blumenthal
Co Managing Partner