Ampa Group acquires 49% ownership in two urban renewal projects—located in Jerusalem and Azor—from Bonei Hatichon Group for approximately **NIS 77.6 million**. The deal involves the transfer of rights in two project companies specializing in urban development. The transaction marks a strategic expansion for Ampa in Israel’s real estate sector.
Major Israeli developers like Azrieli, Melisron, and Rafael finalize billion-shekel real estate transactions in offices, retail, and housing despite war and high interest rates. Check Point and IKEA also drive significant commercial and retail property investments. The deals reflect continued activity in key sectors amid economic challenges.
Clal Insurance is investing **NIS 250 million** in Bonei Hatichon Group through a transaction involving the sale of a portion of its holdings in **five urban renewal projects**. The deal also includes senior equity capital, granting Clal an additional **24% stake** in these projects. The transaction was facilitated by Firon Law Firm, representing Bonei Hatichon.
Six leading Israeli residential real estate developers show declining sales volumes despite increasing property prices, according to a financial analysis by *Globes*. The report highlights a market trend where demand struggles to keep pace with price hikes, raising concerns over affordability and transaction activity. Developers are navigating tighter liquidity conditions while maintaining upward price trajectories.