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Insights & News /  Real Estate

August 4, 2019
Meital Rachim Bachar Named One of Magdalim's 40 Under 40
Adv. Meital Rachim Bachar from our Real Estate Department was named by the Magdilim site as one of the 40 most promising individuals under 40 in the real estate and urban renewal sector.
July 23, 2019
Interview with Eldar Adato about Purchasing Groups
Eldar Adato was interviewed by TheMarker following publication that a group of apartment purchasers in the exclusive Blue project submitted a claim against Canada Israel. Eldar explained more about purchasing groups and noted that "those who join purchasing groups become entrepreneurs together with the other group members and, as a result, are dependent on the management of the group. The group members have no final price for the apartment, there is no final date for occupancy, and there are no guarantees for the money that they pay. It is important to remember that despite the possibility of large savings in the value of the future apartment, which sometimes reaches 20%, there are many projects managed incorrectly and that sometimes even cost the group more money than they would pay if they were buying an apartment directly from a contractor."
July 7, 2019
Building Removed from Pinui-Binui Plan Due to Residents' Objection
Adv. Eldar Adato was interviewed by Globes about a pinui-binui project in Kiryat Yovel, Jerusalem. Eldar is advising some of the residents in this project. Residents of the middle building objected to the plan before the Jerusalem District Planning and Building Committee, which eventually decided to exclude this particular building from the project. Eldar says this decision proves that it is possible to make flexible plans and exclude buildings with objections while still otherwise approving pinui-binui plans.
July 3, 2019
The Expected End Date for TAMA 38: May 2020
The Planning Administration revealed that the deadline for the completion of the TAMA 38 plan is May 2020. Eldar Adato, the head of our Real Estate Department, was interviewed by TheMarker on the matter. He said the Planning Administration's announcement entangles an entire industry built on the basis of TAMA 38, and projects that invested hundreds of hours of work and hundreds of thousands of shekels will be left orphaned and unable to implement.
June 12, 2019
First Evacuation and Reconstruction Project in Givat Olga
Our Real Estate Department is representing the entrepreneurs and some of the residents in an evacuation and reconstruction project on Hagdud Haivri St. in Givat Olga, Hadera.
January 3, 2019
Article: Saving Israel’s National Outline Plan 38 for Urban Renewal
Adv. Alon Wolner, who coordinates the urban renewal sector at our firm, has an article on Calcalist Dun's 100 website about the changing trend in urban renewal from NOP 38 projects to Pinui-Binui.
November 25, 2018
Israel Threatens to Tax Airbnb for Delisting West Bank Rentals
Adv. Harel Perlmutter was interviewed by Bloomberg BNA following Airbnb's decision to remove listings in the West Bank.
October 24, 2018
Can You Prevent Neighbors from Renting Out Apartments on Airbnb?
Adv. Ariel Nadler was interviewed by CalcalistTV on the decision by the Supervisor of Land Registration at the Ministry of Justice to forbid an apartment owner in a building in Tel Aviv from using his apartment for short-terms rentals (Airbnb, Booking).
October 24, 2018
Are Short-Term Property Rentals Legal?
Adv. Ariel Nadler, Head of the Real Estate Department, was interviewed on a financial radio program at the Public Broadcasting Corporation about the possibility of property owners and sub-tenants renting out apartments for the duration of the Eurovision Song Contest (starting at min' 44).
September 6, 2018
"Mechir Lamishtaken" Lottery Deemed Illegal
Dr. Dotan Baruch, Head of the Internet Department, was interviewed by TheMarker about the lottery mechanism of the "Mechir Lamishtaken" plan. The mechanism was deemed illegal after it was discovered a permit was not obtained as required under Israel's Penal Code.
May 27, 2018
Barnea Representing Yad Hanna in Agreement to Lease and Construct Logistics Center for Diplomat
Our firm is representing Yad Hanna in a long-term lease agreement of 30 dunams in its industrial zone for the construction of Diplomat's new logistics center. The construction is valued at NIS 230 million.
May 30, 2018
Israel Proposes Personal Stock Investment Accounts with Tax Perks
Dr. Zvi Gabbay was interviewed by Bloomberg BNA regarding a new bill, according to which anyone who sells his apartment is entitled to open a special investment account that will benefit from deferring payment of tax on capital gains.
March 30, 2018
Israel Wants to Be First Country to Collect Tax Via Airbnb
Harel Perlmutter, Head of our Tax Department, was interviewed by Bloomberg BNA following the announcement of Israel's plans to tax Airbnb hosts directly through the service’s website. 
December 10, 2017
Barnea Represented Shikun & Binui in Selling 50% of Its Holdings in Warsaw Office Building
We represented RED, the international real estate development branch of Shikun Binui Ltd, in the sale of 50% of its holdings in an office building in Warsaw, Poland to a third party. Following the deal, the group recorded a pre-tax profit of NIS 55 million.
November 28, 2017
Important Real Estate-Related Legal Decisions in 2017
Adv. Ariel Nadler, head of our firm's Real Estate Department, was interviewed by TheMarker's real estate magazine on the cancellation of the Multiple Housing Taxation Law by the Supreme Court. Ariel commented that regulators will now have to provide a solution to those people who already sold their apartments in order to enjoy the tax benefit that was guaranteed. He also noted that the cancellation will affect apartment owners considering to sell.
November 13, 2017
Seminar with the Tel Aviv Stock Exchange and the Israel Builders Association
Barnea Co. is hosting today with the Tel Aviv Stock Exchange and the Israel Builders Association a seminar for real estate and infrastructure companies exploring a potential IPO. Dr. Zvi Gabbay, Head of the Capital Markets Department, will discuss IPO from the eyes of a regulator.
October 15, 2017
District Court Rejects Scheduled Vote of Purchase Group United Sarona
The Tel Aviv District Court accepted the request of over 50 members of the purchase group United Sarona, represented by Barnea Co.'s Head of Litigation, Adv. Zohar Lande, to prevent a vote at the meeting scheduled for today. In the motion that was presented, it was argued that in the process of convening the meeting there were material flaws, including a lack of information.
July 2, 2017
Barnea & Co. Represented Avgol in the Sale of its Rights in the Barkan Plant
Barnea Co. represented Avgol in the sale of its rights in the Barkan plant for NIS 52.5 million. Avgol is in the process of transfering its production center in Israel to Dimona.
June 18, 2017
Barnea & Co. Represents Africa Israel Europe in a Commercial and Residential Project in Serbia
Barnea Co.is representing Africa Israel Europe in the establishment of a new commercial and residential project in Serbia called "Skyline Belgrade" at an estimated cost of Euro 200 million.
May 4, 2017
ASRR Capital Sells its Holdings in Denisra-Ranitec Real Estate
Our firm represented the real-estate public company, ASRR, in a transaction for the sale of its holdings in Denisra-Ranitec Real Estate, at a value of NIS 6.5 million.
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