Real Estate in Israel

Whether a developer or an investor, success in today’s dynamic and fast-moving real estate market demands a partner with a commitment to the sector, an understanding of all parties’ needs and a relentless focus on the goal. ZAG-S&W’s Real Estate department is that partner.

With multiple resources to draw upon, our Real Estate department is a prime destination for Israeli and international clients involved in the full gamut of real estate transactions, and involved in a variety of sectors, including residential, office, commercial, hotel, energy, electricity, and many more. We also advise on key issues relating to property rights, planning and construction, tax planning and registration.

Spearheaded by the firm’s co-founding partner Erez Aharoni, our Real Estate department enjoys a long and successful track record in advising developers, contractors, private land owners, architects, purchase groups and investors, throughout all stages of real estate transactions, including combination transactions, sale, lease, rent, land exchange, TAMA 38 projects, construction, urban renewal projects and much more.

We are also widely recognized for our particular expertise with regards to real estate administered by the Israel Land Authority (ILA), including transactions vis-à-vis the ILA, land belonging to communal and cooperative settlements (Kibbutzes and Moshavs), and the intake of new residents in agricultural settlements. We also handle the rezoning of agricultural land, change of designation and land expropriation. This expertise taps into our understanding of and close relationships with key third parties such as the Jewish Agency, the Ministry of Construction and Housing and other government ministries.

Clients confidently trust our proven track record and decades of experience in accompanying a project from start to finish. From the earliest stages of the project, examining its feasibility and initial design, to representing developers before various planning committees, and executing the transaction and completing the project, ZAG-S&W leaves no stone unturned for our loyal roster.

We provide ongoing practical legal advice on all aspects related to planning and building such as permits, plans, writs and feasibility of new projects. ZAG-S&W also has significant expertise in representing clients in all types of real estate litigation proceedings, both between clients and against the relevant authorities. We guide clients through various proceedings such as objections, appeal committees, administrative courts, planning authorities, deciding appraisers, and local planning committees in various claims including under Section 197 of the Planning and Building Law.

  • Represented of Gas-Ad in a combination deal with respect to a building for preservation in Tel Aviv, legal negotiations regarding the combination agreement with the owner’s counsel, and accompanying the project until delivery of the apartments to the buyers.
  • Represented of Herzl Hachamov & Sons Development and Construction Ltd.  (TAMA Transactions 38/2) Outline of Demolition and Rebuilding, two buildings will be demolished and one modern building will be built. Our firm accompanies the entrepreneur throughout the process and until the delivery of the apartments to the buyers.
  • Represented of Rafael AG Ltd. and Sufrin Pandom Development Ltd. (TAMA 38/2 deals )Work on a construction evacuation agreement signed by the owners of the rights in the complex, accompaniment of the developer in the project of evacuation and construction.
  • Represented of Amnon Gur Insurance Agency (2000) Ltd. and NCR Global Ltd. in the acquisition of office space for the Company’s headquarters.
  • Represented of Jerusalem Residence Ltd. in purchasing real estate that serves as a nursing home for the elderly in the Baka neighborhood of Jerusalem.
  • Represented of the Betar Association and the David Raziel Youth Village Ltd. David Raziel Youth Village Ltd.