Israel is a global technology leader with a large number of start-ups, housing more than 300 R&D centres of leading technology and life-sciences companies, such as Avaya, Broadcom, Cisco, Covidien, EMC, GE, Google, HP, J&J, IBM, Intel, Microsoft, Philips, Qualcomm and Samsung.
The hi-tech sector is the principal engine of the commercial real estate in Israel resulting in a consistent strong office market with high occupancy rates and increasing rents over the past decade.
The Israeli office market is divided into 4 metro areas which include Haifa, Tel Aviv, Jerusalem and Beer Sheva, where Tel Aviv being the financial center of the country, housing a thriving community of businesses including start-ups and homegrown companies with IPOs of more than USD 6 Billion, to global players like Facebook, Amazon, Google, IBM and more.
From retail point of view, Israel is one of the most rapidly developing locations in the world. Enjoying one of the highest number of stores of global brands and only 200 sqm GLA of retail real estate per 1,000 citizens. With a population growing from inside as well as an increasing demographic due to Jewish emigration from other developed countries, the Israeli consumer is unique. Israel has the biggest percentage of children (30%) within the population and highest fertility rate (3,1) among developed countries of the world. In addition, Israeli retail real estate is constantly developing and enjoys almost 100% occupancy rate along with waiting lists for existing and new locations.
Located in Israel’s centre, Cushman & Wakefield ǀ Inter Israel helps our clients to respond to these growing opportunities throughout the country.
Israel is a leading investment destination far beyond what its relatively small size and short history might suggest. With a leading economy, a remarkable concentration of innovative people and cutting-edge technologies, Israel receives global recognition as a leading innovative technology center, second only to Silicon Valley.
Israel's GDP grew consistently at an average of 5% per year from 2015 to 2019.
What we offerWith over 45 years of commercial real estate experience, we are the leading real estate consultancy in Israel. Our professionals come from a variety of interdisciplinary sectors and backgrounds and we provide our clients with expertise across all aspects of the market, including strategic advice to occupiers, landlords, investors and developers regarding market opportunities and real estate analysis. Working with diplomatic, public and private sector clients across Israel, we help unlock office, industrial and retail property values.
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