Aviv wins Tel Aviv real estate tender (Haaretz Daily)

Aviv wins Tel Aviv real estate tender (Haaretz Daily)
Real estate company Aviv recently won a Tel Aviv tender to develop 132 dunams in the Kfar Hadar neighborhood in the western part of Hod Hasharon. Some 1,500 units will be built there, said Tel Aviv municipality official Eli Levi. The deal gives the city 31 percent of the rights in the project.

Investing in real estate trust (New Straits Times)
AXIS, the first real estate investment trust (REIT), to be approved on Aug 3 under the January 2005 guidelines issued by the Securities Commission (SC), was over subscribed by 18.36 times by institutional investors and 3.72 times by the public.