05.04.2013 - Israel’s commercial property market – Mogul domination suppressing scope for retail investment?
In contrast to the case with residential property, Israel’s commercial real estate inventory is very much the domain of tightly-held conglomerates and listed entities firmly under the control of their founders or key investors. While the widespread Israeli penchant for apartment ownership as an investment is seen, by regulators and commentators, as a contributing factor in the continuing rise in house prices, mainstream ‘retail’ investment in housing is not mirrored in the commercial sector. In this piece, we look at the existing state of investment in commercial property in Israel, specifically the publicly-traded sector, and at the role played, or which could be played, by the REIT - real estate investment trust...............................................Full Article: Source
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