Likud Sells Party Properties at Large Discounts to Insiders Amid Financial Struggles

Over the past five years, the ruling Likud party has sold 8 of its 37 properties, with four sales made to party insiders including central committee members and associates. These transactions, approved by the party's CEO, have sometimes involved significant discounts below market value. The party's current acting CEO, David Sharan, took over in October 2025 from Tzuri Siso, who had served since 2016. Likud's properties, managed mainly through its private company Keren Tel Hai, span from Kiryat Shmona to Dimona. The party faces substantial debts, including about 16 million shekels owed to the Knesset, prompting a financial recovery plan involving property sales.

Among the discounted sales is a 120-square-meter Likud branch in Bnei Brak sold in January 2026 for nearly 1.7 million shekels to investors including Tzvi Fishbach, a local branch leader, and attorney Dovi Sarcer, a former senior police official and Netanyahu supporter. Experts estimate the sale price was hundreds of thousands of shekels below market value. Another notable sale was a residential apartment in Jaffa, sold in October 2025 to a new Likud central committee member and his family at a price reportedly tens of percent below market, despite being registered as office space for tax purposes.

Other sales, such as a Haifa branch sold in 2022 and two properties in Holon sold in 2025, were reportedly at market prices and involved buyers with no known party connections. Likud is currently working to sell another property in Migdal HaEmek, which will leave it with 25 properties. The State Comptroller's Office is auditing Likud's faction accounts for 2025, including its property income and expenses.

Critics have raised concerns about the transparency of the sales process, noting that some listings appeared only in WhatsApp groups for party members and questioning whether public tenders were held. Likud representatives stated the sales were publicly advertised, though no proof of newspaper ads was provided. Party insiders and buyers deny allegations of underpricing or favoritism. The party's financial difficulties and property sales highlight ongoing challenges in managing its assets amid political and legal pressures.