Category: Tower
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Tower flourishes after Intel deal cancellation
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Nearly three years ago, in February 2022, US chip giant Intel announced that it would buy Israeli company Tower Semiconductor (TASE: TSEM, Nasdaq: TSEM) for $5.4 billion. The deal was eventually cancelled, in the summer of 2023, after the companies failed to obtain approvals from the Chinese regulatory body in…
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A mystery buyer is secretly snapping up condos in a 22-story tower flanked by billionaire Ken Griffin’s empire
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Citadel CEO Ken Griffin owns a four-acre project in Miami’s financial district. On it are three parcels that he is said to have spent $669.5 million on. On one lot, he is building a 54-story glass tower Headquarters For his investment company. It is supposed to combine offices, a hotel…
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A mystery buyer is secretly snapping up condos in a 22-story tower flanked by billionaire Ken Griffin’s empire
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Citadel CEO Ken Griffin owns a four-acre project in Miami’s financial district. On it are three parcels that he is said to have spent $669.5 million on. On one lot, he is building a 54-story glass tower Headquarters For his investment company. It is supposed to combine offices, a hotel…
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Property & Building in NY HSBC Tower lease talks with Amazon
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The Israeli income-generating real estate company Property and Building Corp. Ltd. (TASE:PTBL) The Tel Aviv Stock Exchange (TASE) announced that it is in talks to lease 330,000 square feet (30,600 square metres) at 10 Bryant Park in New York City, known as the HSBC Tower. According to US media reports,…
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Despite objections 42-floor “Burj Jerusalem” tower approved
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More than 200 objections did not stop the Jerusalem District Planning and Building Committee from approving a plan to build a 42-story tower near Mount Herzl in the capital, a source close to the matter told Globes. The controversial plan at the Epstein complex overlooks the Yad Vashem Holocaust memorial…
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Tower teams with Adani on $10b Indian chip plant
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Israeli chipmaker Tower Semiconductor Co., Ltd. (NASDAQ: TSEM; level:TSEMTower and the Adani Group are planning to build a chip manufacturing plant in the Mumbai suburb of Taloja, according to a tweet from Devendra Fadnavis, deputy chief minister of the western Indian state of Maharashtra. Tower and Adani will invest $10…
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Ackerstein to build 30-floor tower in Herzliya
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The Herzliya Local Planning and Building Committee has approved a plan put forward by the Ackerstein Group (TASE: ACKR) that would see the Ackerstein House demolished and replaced with a 30-story mixed-use tower containing apartments, offices and commercial space. Beit Ackerstein is located at the northern entrance to the Herzliya…
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Palo Alto Networks in talks to lease entire Alon 1 tower
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Cybersecurity giant Palo Alto Networks (Nasdaq: PANW) is expanding and will occupy half of Alon Tower 1 on Yigal Allon Street in Tel Aviv. The company currently occupies 13 floors in Alon Tower 1, one of two identical towers, and recently leased six more floors and is now in talks…
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Google leases 20 floors in new Tel Aviv tower
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Income-producing real estate companies Amot Investments Ltd. announced. (TASE:AMOT) and Bayside Land Corp. Ltd. (Gav Yam) (TASE:BYSD1), which is currently building the ToHa2 tower in Tel Aviv, has officially signed an agreement with Google to lease 60,000 square meters in the tower for NIS 155 million annually. The agreement is…
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Ramat Gan approves 60-floor Eurocom Tower
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The plan is being developed by Canada and Israel in the Rishonim neighborhood of Ramat Gan near the Diamond Exchange. The Ramat Gan Planning and Building Committee agreed to submit a recommendation to the District Planning and Building Committee regarding a plan to build a 60-storey Eurocom Tower for mixed…