Construction

Jerusalem-based construction firm Neta Lipshitz has filed for economic rehabilitation and a temporary trustee after accumulating over 60 million NIS in debts, citing severe impacts from the Iron Swords war.

Veteran Jerusalem construction firm Neta Lipshitz has filed for financial restructuring and a temporary trustee amid debts exceeding 60 million shekels, citing severe fallout from the Iron Swords war.

Inav and Ashtrom Residential signed a 230 million shekel execution agreement with Solel Boneh to build the 34-story Park Tower urban renewal project in Ramat Gan.

Data from Israel's Land Enforcement Authority shows 17 local planning committees have failed to conduct legally mandated construction violation surveys.

Tel Aviv's real estate market faces a 45% drop in transactions, with luxury sales keeping prices afloat amid high interest rates and unsold inventory.

Renovation costs in Israel have nearly doubled over two years due to acute labor shortages and import delays following the outbreak of war, hitting consumers and contractors hard.

Israeli real estate and construction stocks faced severe declines in July despite falling interest rates. Market uncertainty amid regional tensions and rising financing costs wiped out hundreds of millions of shekels in market value for major developers.

Aniv and Ashtrom Residences signed a 230 million NIS deal with Shikun & Binui Solel Boneh to build the 34-story Park Tower luxury project in Ramat Gan, slated for completion by January 2030.

Media personality Lior Schleien is advancing plans to build a luxury private residence in northern Tel Aviv after purchasing a 510-square-meter plot for 13.7 million shekels.

The Israel Land Authority approved an exemption from construction extension fees for combat reservists in 2026, saving soldiers tens of thousands of shekels for delays caused by military service.

The Land Enforcement Administration launched a nationwide campaign in Haredi neighborhoods to prevent illegal Sukkot balcony construction, targeting hazardous structures in Bnei Brak.

Leader Capital Markets released its weekly economic review, analyzing moderating core inflation, a tight labor market, housing starts, and potential interest rate cuts.

Ahead of Sukkot, illegal and makeshift sukkah construction in Israel's ultra-Orthodox neighborhoods poses severe risks of deadly collapses, electrocutions, and fires, prompting urgent warnings from authorities and rabbis.

Yigal Damri, founder and CEO of Y.H. Dimri, received a lifetime achievement award from the Negev Contractors Association for his decades-long contribution to the real estate sector and the development of the Negev.

Israel's construction sector struggles with a 10% drop in productivity over thirty years, pushing developers toward industrialized building methods, 3D printing, and pre-fabricated modular kits to combat severe labor shortages.

Israel Police arrested a contractor from Umm al-Fahm on suspicion of extorting a colleague from Isfiya, highlighting ongoing crackdowns on construction protection rackets.

Israel's housing market is adjusting to slowing sales as developers reduce construction starts to 76,000 units annually while inventory stabilizes at 84,300 unsold apartments.

Tel Aviv surpassed Jerusalem in new housing construction starts, reaching 7,611 units. Despite high permit numbers, completions dropped by 9.7% due to labor shortages.

Israel's Planning Administration report for 2025 shows an 11.5% rise in building permits to 84,429 units, while completion certificates dropped by 10% to 42,696 apartments.

Intensive infrastructure work for the planned ultra-Orthodox city of Plugot near Kiryat Gat has been documented continuing through the Sabbath, sparking controversy.

Tzachi Hagag navigates the real estate slowdown by targeting foreign luxury buyers and expanding into affordable international markets like Romania and Azerbaijan.

Engineer Israel David has been elected as the new chairman of the Association of Engineers for Construction and Infrastructure, succeeding Yigal Govrin. David brings over four decades of experience to lead upcoming industry challenges.

Gabay Group is advancing three major urban renewal projects across northeast Tel Aviv, including Neve Sharet, Neot Afeka, and Hadar Yosef, delivering hundreds of modern apartments.

Junior architects in Israel earn 12,000 to 16,000 NIS gross monthly before licensing, while registered professionals see higher salaries ranging up to 35,000 NIS.

The I.S.A Group, alongside a strategic partner, has acquired 7.8 dunams of land in Beit Shemesh. The site is slated for a 75,500-square-meter mixed-use complex featuring residential units, retail space, offices, and an assisted living facility.

A group of developers is launching the "Metropol District" project within the "Metropol Ashdod" complex, spanning approximately 15 dunams with an estimated investment of 950 million shekels. The project will feature a mix of employment, commercial, hotel, and residential spaces.

The Movement for Quality Government has demanded an explanation from the Standards Institution regarding the delay in updating the SI 118 concrete standard. Estimates suggest this delay could cause up to 500 million shekels in budgetary damage to the Metro project.

The District Planning and Building Committee of the Central District has decided to deposit for publication a plan regarding a complex that will include residential, employment, and commercial space on the scale of thousands of housing units. This is an initial stage of the plan.

Construction and real estate group Best reported a 182% jump in Q2 2026 net profit to 34.7 million shekels. The company's order backlog expanded to 6.2 billion shekels.

The company increased its share of apartment sales in the second quarter, and revenues rose, mainly due to revenue recognition from the Sde Dov project. However, the company recorded a loss of 13 million shekels compared to a profit last year. Eli Avisror: "There are challenges, but we sold 205 apartments."

The Binyan complex, a major development project in central Jerusalem, is being offered for sale with a starting price of 420 million shekels. The 10-dunam site is zoned for residential towers and hotels.

A dramatic victory for the US President: by a 5-4 majority, the Supreme Court approved the continuation of the controversial $400 million project, which includes the demolition of the East Wing. The conservative Chief Justice joined the liberals in sharp criticism, while Trump celebrates: "The people will be very proud of this magnificent complex."

An amendment to the law has expanded the registrar's powers in the fight against crime in the industry. A court ruling clarifies how a decision based on classified information is made and what the oversight mechanisms are.

534 new deals were closed in the first half of 2026, surpassing the total for 2025. The region is shifting from a model of villas to high-density projects, driven by government policies aimed at transforming the area.

In the company's 3 significant projects in Jerusalem, almost no apartments are being sold. The price per square meter is high, but Levy continues to increase his market share and clarifies that the company will meet the pace.

Ishai Rot, CEO of Shoval Engineering Group, explains why the company prefers projects in Yokneam, Acre, and Haifa and stays away from Tel Aviv, why they acquired a construction company, and what has happened to the stock since the IPO on the local stock exchange.

The Mehir LeMishtaken project in Be'er Sheva by A.Sh. Yagel has become insolvent and will not be completed on time. The company is facing debts of hundreds of millions of shekels and an internal shareholder dispute.

The chairman of the "Yashar!" party opposed construction in the E1 area between Jerusalem and Ma'ale Adumim. The chairman of the "Amcha Yisrael" party replied: "If we had considered the world, the State of Israel would not have been established."

The Administrative Court has approved the Dan garage redevelopment plan, including the relocation of the bus depot. The court dismissed a residents' petition against the 750-unit housing project, upholding the use of easements to provide public access to open spaces while preserving developers' building rights.

Gil Topaz, co-CEO of Altshuler Shaham Credit, which provides financing to contractors stuck with unsold apartments, is not worried about deal cancellations: "These are speculators who make up no more than 15% of the market."

The mother of Jazi Abu Sbitan, who was killed at the age of 22 when scaffolding collapsed at the luxury Park Bavli project, is seeking to overturn the prosecution's decision to close the case without filing indictments. In addition, the mother attacks the manner in which the closure decision was delivered to the family. The prosecution: "The family members were personally updated on the full...

The Shai-Chai Group, a prominent participant in Israel Land Authority tenders, is planning an IPO within the next six months. Yesterday, the company won a major tender for 258 housing units in Ness Ziona.

The businessman continues to increase his hold on the market: he is acquiring the contracting company Reshit Bniya and will cover its debts. The CEO will continue, but Levy will be able to purchase the remaining 20% from him at the end of 7 years.

While the residential real estate sector is suffering from a slowdown, infrastructure companies are seeing growth driven by expectations of massive investments in the Metro project, estimated at 180–200 billion shekels.

A TAMA 38 project in Neot Afeka, Tel Aviv, faced significant delays, leading to the appointment of a receiver. In a landmark ruling, a judge allowed two families to cancel their contracts and recover their payments, setting a new precedent for the real estate industry.

Yesodot Eitanim Urban Renewal and the Savionim Group have won a residents' tender on Ben Gurion Street in Kiryat Bialik. The project involves replacing 18 old apartments with 90 new units across two modern buildings.

Jump in net profit: Electra concludes the quarter with revenues of 4 billion shekels and a 60% jump in profit to 109 million. The growth was supported by a sharp increase in the infrastructure, real estate, and concession sectors in Israel, which offset the erosion in overseas operations. The company will distribute a dividend of 41 million shekels against the backdrop of winning mega-projects and...

A single Israel Land Authority tender for land to build apartments in Ness Ziona has concluded, with a bid that reflects a discount of about 18% on the land. Who are the winning companies, how much does the land cost, and why housing prices cannot really drop in this area.

The Israel Land Authority continues to show weak data regarding land marketing. A permanent director has not yet been appointed, and out of dozens of tenders, only a few are intended for high-density construction.

CEO Adi Dana addresses the report regarding the wave of deal cancellations. According to him, "it is less than 0.8%, this is a routine standard deviation." He also commented on the impact of financing benefits.