Nadav Belila Acquires Northern Israel Land for Over NIS 1 Billion Data Center Project
Nadav B. Logistics, led by entrepreneur Nadav Belila, has purchased 50% rights to approximately 38 dunams of land in the Alon Tavor industrial zone near Afula. The land, currently used by the Chishtil nursery corporation for greenhouses, is zoned for industrial use and allows for a built-up area of about 50,000 square meters. Nadav B. Logistics plans to develop a significant project focused on energy infrastructure and data centers, with an expected investment exceeding one billion shekels.
This acquisition is part of a broader trend in Israel's real estate sector, where data centers have become a hot investment area. Earlier this year, Globes reported at least 20 large data center projects across the country in planning or construction stages, with the number growing steadily. However, experts warn that Israel's electrical infrastructure may struggle to meet the high power demands of these facilities, potentially leading to an energy crisis.
In addition to the northern project, Nadav B. Logistics recently signed an agreement to build a data center on about 27 dunams in the Har Tov industrial zone in Beit Shemesh, in partnership with Doral Group and Amfa Group. Belila has been active in logistics real estate, acquiring multiple properties in recent years, including a 50-dunam logistics project in Moshav Hatzav and commercial-logistics centers in Beit Shemesh.
The Israeli Interior and Environmental Protection Committee recently approved a bill recognizing data centers for artificial intelligence as national infrastructure. This legislation, an amendment to the Planning and Building Law, defines AI data centers as facilities with advanced processing units consuming at least 50 megawatts of power. It also sets planning limits, capping the number of new data center projects in the Tel Aviv and central districts to five per year and ten nationwide.
Committee chairman MK Itzhak Kroizer emphasized prioritizing peripheral regions like the Negev and Galilee to stimulate economic growth and job creation while preserving open spaces. Belila described the expansion into energy infrastructure as a strategic step aligned with Israel's growing industrial and technological needs, viewing it as a natural extension of his company's infrastructure activities alongside ongoing industrial, logistics, and commercial developments.
