Category: Residential
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Azrieli Group seeks slice of Israeli residential market
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Israeli shopping mall and office giant Azrieli Group (TASE: AZRG) has made a non-binding offer to acquire real estate company ZMH Hammerman (TASE: ZMH) at a valuation of NIS 635 million, representing a 5.7% premium to the offering. The company’s market value (600 million shekels). This comes after the completion…
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Tel Aviv TAMA 38 residential building plans in disarray
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Tel Aviv’s residential construction plans have been thrown into disarray by the Tel Aviv-Yafo municipality’s decision not to extend the Tama 38 project, which will reinforce and expand existing buildings to protect against earthquakes. A series of projects promoted in recent months will be halted and tenants will have to…
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NexPoint Residential Trust PT Lowered to $34 at Truist Securities By Investing.com
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Analysts at Truist Securities lowered their price target on NexPoint Residential Trust (NYSE:) stock to $34.00 (from $35.00) while maintaining a Hold rating. Analysts commented: “We raised our 2024 NFFO estimates slightly, lowered our 2025 estimates, and lowered PT by $1 to $34 (was $35). We believe our Sunbelt-focused peers…
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TRREB Statement on Toronto City Council’s Approval of Townhomes and Small Six-Storey Residential Units Along Major Roads
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Article content TORONTO, May 24, 2024 (GLOBE NEWSWIRE) — The Toronto Regional Real Estate Board (TRREB) continues to support the Expanding Housing Options in Neighborhoods (EHON) initiative which aims to build more low-rise housing in residential neighborhoods to meet the needs of our residents. A growing city. The decision last…