Category: Aviv
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Carasso to build 3 towers on Tel Aviv head office site
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Earlier this week, the Tel Aviv Local Planning and Building Committee approved a plan for the Reval Street area promoted by the Karasu Group, the company said this morning. The area between Reval, Yagia Kabaim and Yad Harutzim streets is 14 dunams (3.5 acres). Karasu plans to build three towers…
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Tel Aviv looks to the skies
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Over the past decade, the number of high-rise buildings in Tel Aviv has increased by 50%, and this number will now double over the next decade. Tel Aviv’s skyline, which has changed much in recent years, will change even more dramatically, as high-rise towers overlook the proudly preserved smaller buildings…
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Central Tel Aviv lot fetches NIS 644m
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Acro Real Estate (TASE: ACRO) and Kata Group won the Israel Lands Authority auction for the Israel Military Industries (IMI) plot of land on Hashalom Street in central Tel Aviv with a bid of NIS 644 million plus NIS 67 million. Development costs. This amount is five times the minimum…