Initial permits have been granted by the Haifa municipality for the construction of over 500 apartments in the new Naot Navon neighborhood. An office and industrial complex in Airport City was sold for 60 million shekels. Additionally, about 2,800 residential units were successfully marketed in Kiryat Ata within a week. Here are this week's real estate news highlights.
Residential
The new area is expected to include more than 6,000 new apartments in the coming years, with a mix of uses including a new commercial street. The Haifa municipality also announced the creation of new public, cultural, and educational buildings, while preserving extensive green spaces, playgrounds, and public parks.