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Full coverage· Economy· Updated

Northern Israeli City Attracts Real Estate Investors Amid Tech Giant's Expansion

A real estate company won a tender to build 997 housing units in Yokneam, northern Israel, with demand potentially boosted by Nvidia's planned expansion. Separately, the Shabiro Group will build 185 housing units in the city.

2 newsrooms · 1 language · since

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What happened

  1. 01A company will build 997 housing units in Yokneam, northern Israel.
  2. 02Nvidia's planned expansion in Yokneam is expected to increase housing demand.
  3. 03The winning company will pay approximately 132 million shekels for land and development.
  4. 04The Shabiro Group will construct an additional 185 housing units in Yokneam.
  5. 05A portion of the new housing will be offered under a government target price program.

The projects aim to attract residents from the region and central Israel, with a portion of units offered at target prices.

Translated and summarized by baba from Maariv, the latest report. Read Maariv’s original

The coverage

2 newsrooms on this story

Who covered it

  • LeftNone
  • Centre1
  • RightNone
  • HarediNone
  • ArabNone
  • Other1

How it broke

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