Planning
Study: most Tel Aviv urban renewal plans approved in 2021-23 are not viable
5 November 2026 · Based on Israel Real Estate Center
A study by the firm Gastfreund-Marco, published in Merkaz HaNadlan, looked at 13 urban renewal (pinui-binui) plans approved for deposit in Tel Aviv in 2021-2023. It found that 7 are not economically viable and 6 more have become borderline. Rising construction costs and incentives offered to buyers have eroded developers' profit margins.
What it means for buyers abroad
Projects in Tel Aviv's urban renewal pipeline may face delays or changes if developers' margins are too thin. Buyers abroad considering a pinui-binui project should look closely at the developer's financial strength and the project's timeline.
Read the original article (Israel Real Estate Center, in Hebrew) ↗
