Commercial real estate news releases from Avison Young Canada

Quarterly and topical research insights to help your business gain competitive edge in commercial real estate.

Commercial news from Israel - 7th October 2024

October 7, 2024

Just like Achilles (as mentioned in previous posts) had his heel as a vulnerable point that could lead to his downfall, an office building has its own weakness: the communication infrastructure, which must be protected. In a world where every vulnerability can become a threat, the ultimate solution for securing your building’s communication infrastructure is a private fiber optic network, which offers five proven advantages.

Complete Access Control: With a private infrastructure, only authorized and trusted personnel can access the fiber optics. There's no need to share the access with external service providers or unfamiliar technicians who may not follow your stringent procedures. This ensures that only trusted individuals can access sensitive data.

Enhanced Protection Against Intrusion and Eavesdropping: A private infrastructure offers additional layers of protection, such as advanced encryption and physical barriers, preventing unauthorized access. This makes it more difficult for hostile entities to breach your data, collect sensitive information, or disrupt your operations.

Fast and Stable Performance: A private infrastructure enables full control over connection quality, ensuring higher speeds and improved stability. You won’t be dependent on external service providers who may cause delays or unexpected issues.

Tailored to Your Needs: Every building is unique, and a private infrastructure allows for precise customization according to your specific requirements. You can define the security level, monitor usage, and make necessary adjustments without relying on external entities.

Maintaining Tenant Privacy: With a private infrastructure, tenant privacy is preserved, preventing unauthorized access to personal and commercial information. This enhances tenant trust and security in your communication systems.

Just as Achilles needed to protect his vulnerable heel, your building needs to secure its communication infrastructure. A private fiber optic network is the next step in safeguarding your building from external and internal threats, ensuring the safety and security of all tenants.

Let Gil, Itay, and our team present you with the solution, and don't forget to share your thoughts and join the discussion about securing your building's communication infrastructure — it’s crucial for your safety.

Commercial real estate in Israel

Reit 1 Ltd. signed with Midas Investments in Real Estate Ltd. an agreement for the purchase of Midas' entire holdings in Sharona Gardens (Amata) Ltd., at the rate of 33% of the issued capital of Sharona Gardens, for approximately NIS 33 million.

Commercial real estate overseas

Skyline Investments Inc. completed agreements for the sale of 11 Courtyard hotels for a total of 101 million US dollars.

A subsidiary of G City Ltd. entered into a non-binding letter of intent for the sale of the property Flora Shopping Center in Prague, Czech Republic, for approximately 232 euros.

Real estate in the headlines

ALTO, owned by Modi Kidon and Viniv Malamud, signed a lease agreement with Victoria's Secret (Globes).

Rami Levy and Miki Naimi won the tender in the Har Tov industrial area (Globes).

Guy is sure: after the war ends there will be a "boom", and this is the sector that will be positively affected (Globes).