Roberto Abraham Scaruffi

Monday, 6 June 2011





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Real Estate mail

Zisser: Elbit Imaging is liquid and healthy
Elbit Imaging's chairman: My private companies have diversified assets which can solve the issue with Bank Hapoalim to all the parties' satisfaction.

Africa-Israel profit up over 400%
Africa-Israel also completed a rights issue today, in which chairman Lev Leviev injected NIS 102 million into the company.

Azrieli wins bid for Tel Aviv office tower
The company won the tender to build a 42-storey tower in the South Kirya with a NIS 522 million bid.

Steinitz imposes betterment tax on second homes from 2013
The exemption on investment apartments will apply until the end of 2012.

Gazit-Globe chair: Home prices have peaked
Chaim Katzman: The real problems in the real estate market are bureaucracy and planning.

Jerusalem home prices high and rising
Home prices in Jerusalem rose 12% in 2010 to an average of NIS 1.42 million.

Jaffa penthouse sold for NIS 4.9m to Israeli businessman
The penthouse sold has 89 square meters with a 69-square meter balcony with a sea view.

Housing starts up 16% in Q1 to 10-year high
The 11,270 housing starts in the first quarter was the highest number since the third quarter of 2000.

Treasury: Purchases of apartments for investment fall
At the peak, purchases of apartments for investment accounted for 35% of all home purchases.

Meitav: Housing market cooling down
Meitav: The tremendous increase in building starts and finishes is a sign that real estate prices will decrease.

Apartments sold and rented