Report
Israel Real Estate Market Outlook H1 2024
October 21, 2024 14 Minute Read

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In the first half of 2024, the real estate market in Israel was significantly affected from the continuation of the "Iron Swords" war, which caused economic uncertainty, an increase in the state's risk premium, and a slowdown in economic growth.
The office market is experiencing a slowdown in demand and a decrease in occupancy and rents, but Tel Aviv continues to be a center of attraction for large technology companies with significant rental deals.
Despite the challenges, the market shows relative stability in key areas, with large transactions that indicate confidence in the market.
The logistics market continues to show a high demand for logistics areas due to the increase in imports and the transition to online purchases, with central logistics areas in Ashdod, Modi'in/Shoham, Caesarea and Haifa.