The firm has a long-standing leading real estate department that provides its clients – developers, contractors and large construction companies – with a wide range of services in all areas of real estate, planning, development, construction and marketing of projects of all kinds, including residential construction, income-producing real estate projects, combination transactions and urban renewal transactions (NOP 38).
The firm’s real estate department advises developers and real estate companies, industrial companies, government companies, government and local authorities, private clients, Israeli companies and/or entrepreneurs investing in real estate in Israel and abroad, as well as high-tech companies and other companies in need of legal advice and assistance in the field of real estate. In addition, the department provides professional support in the field of real estate in transactions in which the firm is involved.
As part of the ongoing support of department clients, the firm is involved in ongoing legal support of all procedures related to planning and construction of the project, from the planning stage of approving master plans and expenses for building permits, and contracting with various planners and implementing bodies, through financing the project, its construction, marketing (sale or rental), obtaining the necessary permits for completion, and ending with registration of the project, accompanying sale and rental of the apartments or commercial units, and accompanying the legal relationship with purchasers and tenants, or alternatively representing the client in selling the project or parts thereof.
The firm is involved in negotiating with third parties, including landowners, contractors, local authorities, planning institutions, etc. The firm also handles the aspects of real estate taxation that arise in transactions, as well as financing aspects of projects, and accompanies entrepreneurs who receive financing in complex financing transactions with banks and financial institutions.
Real estate activities in the firm are regularly and closely monitored by an accounting firm and a law firm that specialize in real estate taxation and project financing, including consulting in the aspects of real estate taxation, implications of municipal bylaws, including advice on tax aspects regarding financing projects (lender bank), as well as handling the receipt of prior approval (pre-ruling from the Tax Authority).
The firm provides its clients with the following range of services in the field of real estate: