Israel Rises to 8th in U.S. Commercial Real Estate Investment, Topping $1 Billion
Israel climbed to 8th place among countries investing in U.S. commercial real estate in 2025, and to 11th globally, according to a JLL report obtained by ynet and Mamon. In Europe, Israel ranked 11th. The figures cover Israeli investors’ commercial real estate deals outside Israel, each worth at least $5 million.
The report says Israeli capital shifted back toward the United States in 2025 after a record year in Europe in 2024. JLL said the change was not only geographic but also reflected a different investor mix, with private capital more prominent in the U.S. and institutional investors weighing more heavily in Europe.
Israeli commercial real estate investment in the U.S. totaled about $1.06 billion in 2025, up from about $529 million in 2024, a jump of roughly 101% and the highest level since 2021. The broader trend shows a rebound from about $442 million in 2023 to more than $1 billion in 2025. Israel ranked behind Canada, Japan, Sweden, Norway, the United Kingdom, Australia and France, and ahead of Singapore, Bahrain, South Korea, Switzerland, Taiwan, Spain and Germany.
In Europe, Israeli investment reached about $1.93 billion in 2025, down from a record $2.44 billion in 2024 but still well above the $1.15 billion recorded in 2023. Israeli investors completed 50 deals in Europe, including five worth more than $100 million. The United Kingdom remained the main destination, alongside the Netherlands, Spain, Germany and Poland.
Overall Israeli investment abroad in Europe and the U.S. was nearly unchanged year on year, totaling about $2.99 billion in 2025 versus $2.97 billion in 2024. The leading sectors were industrial and logistics, offices, hotels and hospitality, and retail. Mor Ziv of JLL Israel said Israeli investors are now focused on managing a portfolio mix, assessing each market by asset quality, financing structure, local partner, risk and long-term value creation.
