NEVE ILAN CAMPUS

NEVE ILAN CAMPUS

Project Description

COMMUNICATIONS
CAMPUS

NEVE ILAN

2015

Acquisition date

A 60,000 sqm compound which includes offices and
television studios with a 30,000 sqm built
area and an adjacent a plot of 20,000
sqm designated for a hotel

Date of Acquisition – 2015

2015

Betterment Activities

Realization of the unexploited building rights by applying for a permit to construct an innovative complex of 3 buildings on a 16,000 sqm area (circa 15,000 sqm office space and 1,000 sqm commercial space) and 260 parking spaces

The Fund is working to promote a new zoning plan for mixed use, which will connect the buildings and carry out environmental development, including the square at the compound entrance

Interim uses

The property was rented.

The property is fully leased

During the fire in the hills of Jerusalem, the fund opened the Neve Ilan communications area for the fire fighters for operational use as well as a resting area.

Current
status