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Communist Party's Real Estate Empire Revealed as Second Wealthiest in Israel
The Israeli Communist Party (Maki), the organizational basis for the Hadash Knesset faction, has been revealed as the second wealthiest party in Israel, holding 32 properties nationwide valued in the tens of millions of shekels.
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What happened
- 01The Israeli Communist Party (Maki) is the second wealthiest party in Israel, holding 32 properties nationwide.
- 02Maki's real estate portfolio is valued in the tens of millions of shekels.
- 03The party's most valuable asset is a three-story building in Tel Aviv worth at least 20 million shekels.
- 04Properties are located across 24 municipalities, including major cities and Arab towns.
- 05Rental income from these properties supports Maki's operational and ideological activities.
- 06The party's wealth stems from a long-term real estate acquisition and retention strategy.
The party's real estate strategy, developed over decades, generates significant rental income, supporting its operations and ideological activities. This financial strength contrasts with Maki's anti-capitalist platform, positioning it paradoxically behind only the Likud party in wealth.
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