Israel Real Estate Study Released

Posted by Ron / on 11/06/2013 / 0 Comments

Fast Market Research, an online aggregator and distributor of market research and business information has recently released their proprietary Q4 2013 Israel Real Estate Report Projections of the report show real GDP growth in Israel to come in at 3.7% and 3.8% in 2013 and 2014.

The study finds that on the whole demand is on the up, resulting in high occupancy rates and increasing rents. However, the development pipeline remains relatively stagnant. As such, the study found that "favorable absorption-completion dynamics will buoy the commercial real estate leasing sector in the short term, but unless development activity picks up this indicator will serve as a hindrance to long-term growth."

With a focus on the three principal cities of Jerusalem, Tel Aviv and Haifa, the report covers the rental market performance in terms of rates and yields - and examines the commercial office, retail, industrial and construction sectors throughout the country in the context of a market characterized by an optimistic five year outlook.

"Housing remains quite high in Israel, however there is tremendous investment dollars flowing into Israel from all over the world, as well as close government intervention and it's likely Israel real estate prices will continue to move up," said International real estate expert Ron Hershco who has a continued focus on Israel.



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