Shderot land deal closes at an unusually low price, and major Israeli property moves follow
A tender for 12 commercial and employment plots in Shderot’s northern Complex 9 was only partly successful this week, and one plot drew an exceptionally low bid. The 5,328-square-meter parcel was awarded to contractor A.T.S Amir Tal Shahar for just 55,180 shekels, with no minimum price set. Although the company’s bid was the third and lowest of three submitted, it still won because of tender rules limiting how many plots a bidder could capture.
The winner must also pay about 8 million shekels in development costs, which brings the effective average price to about 1,516 shekels per square meter. Even so, it remained the cheapest successful plot in the tender. Five of the 12 plots received no winner, while the rest were sold at no less than about 1,760 shekels per square meter. One plot went to Bnei Moshe Maintenance and Cleaning at 6,175 shekels per square meter, partly because it was the only winning bid above the tender’s appraised value.
In Jerusalem, the regional planning committee is set to discuss next week an expansion of Hadassah Ein Kerem Hospital. The plan adds 770 inpatient beds, raising the total from about 1,530 to roughly 2,300, extends the campus northward, and considers a new entrance from Route 396 to reduce congestion around the emergency ring road. The proposal, prepared by Kolker Kolker Epstein, also calls for a new ground-level helicopter landing pad that can handle the heavy CH-53K “Pereh” aircraft, plus a larger oncology building and expanded staff housing.
Separately, the 11th round of the state housing lottery, “Apartment at a Discount,” closed with 114,848 households registering 1.7 million times for 7,922 apartments in 19 localities. About half the units are reserved for active reserve soldiers, and about half of those for combat soldiers. Kfar Saba was the most sought-after city, followed by Kiryat Gat, Rishon LeZion, Ma’ale Adumim, Hadera and Ashdod. In Givatayim, Moon Active signed a deal to lease about 22,000 square meters across 11 floors in the Beyond tower, with an option to expand later; market estimates put the rent at 90 to 100 shekels per square meter before finishes, or about 26 million shekels a year.
