Kedar Immo has received occupancy approvals for five new projects in Ra'anana and Kfar Saba, totaling 215 housing units. The projects, some of which are part of urban renewal, offer a variety of apartments in different neighborhoods of the city, such as Neve Zemer and Anna Frank. Yuval Kedar, the company's CEO, emphasized the importance of the occupancy moment for residents and the commitment to providing quality and safe living environments.
Meanwhile, Negev Group, specializing in home design solutions, raised 87 million shekels in its first bond issuance on the stock market. The issuance received high demand, with an interest rate set at 7.5% per year, and the bonds will be repaid in six installments until 2032. Several financial institutions led the issuance, indicating confidence in the market and the company's growth potential. Additional initiatives continue in the real estate market, including evacuation-reconstruction programs and assisted living projects, indicating intense activity in the field.