Commercial real estate news releases from Avison Young
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Commercial news from Israel - 03rd February 2025
February 3, 2025Have You Adopted a “Talent Advantage” Strategy Yet?
Recent economic and geopolitical crises, plus one global pandemic, have fundamentally transformed the workplace. A fascinating EY study examining employee-employer dynamics across tens of thousands of workers and thousands of employers in over 20 countries reveals some eye-opening trends.
Here's the surprising part: 38% of employees plan to change jobs in the coming year - even in excellent workplaces and despite economic uncertainty. This trend spans all company types and sectors.
The researchers introduce "Talent Advantage" - a strategy that won't stop employee turnover but will attract quality talent, better handle external challenges, and boost workplace efficiency.
Based on the research and employee preferences, here are the five key categories of Talent Advantage:
Managing Talent "Flow" - Instead of focusing on turnover rates, measure the value employees bring to your organization.
Total Compensation - Employees expect a broader approach to compensation, including vacation days, performance-based rewards, and health benefits.
Maintaining Connection - Despite the rise in remote work, the office remains crucial for collaboration and personal relationships.
Technology and AI - Employees embrace AI-based tools that enhance productivity and view organizations using AI as technologically advanced.
Skill Development - Skills become obsolete quickly, making continuous training essential for employee development.
The Bottom Line: Organizations aiming for competitiveness, profitability, and excellence need to embrace a "People @ the Center" approach. This means viewing employees not as means to strategic ends but as full partners actively seeking to maximize their potential.
It's a profound cultural shift that serves both growth and efficiency.
At Avison Young Real-Estate Professionals, we've been living and breathing commercial real estate for decades, executing transactions of all sizes both locally and internationally. We're eager to share our knowledge and experience, answer any questions you may have, and provide additional insights that might interest you. Choose wisely! Choose us!
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Commercial real estate in Israel
Kardan Israel Ltd. and partners, which together own land in an area of approximately 27.4 dunams in the Shoham industrial area, intended for the establishment of a server farm, entered into a memorandum of understanding with potential partners that include a foreign corporation with significant global activity in the field of server farms, according to which the partners will invest in a venture that will own the project, approx. - 75 million NIS, against the transfer to the project of the owner's rights in the project in a scope estimated at approx. 300 million NIS.
A subsidiary of Mahadrin Ltd. entered into an agreement with a subsidiary of the Yuka Park Group to sell 40% of its rights in real estate in Netanya in exchange for NIS 82.4 million.
Commercial real estate overseas
Hertz Properties Group, Limited entered into an agreement to sell the company's Brookhollow Central property in Texas, USA, for approximately $64 million.
A subsidiary of Midas Investments in Real Estate Ltd. entered into an agreement to purchase approximately 9.49% of the share capital of a company that owns an area of approximately 87 dunams in Washington DC, Maryland, USA, on which there is a one-story building that serves as a logistics center with a built-up area of approximately 47,000 Mr.
Real estate in the headlines
Congratulations to Revital Ofer on her appointment as VP of Marketing and Sales at Ashstrom Properties.
ROOMS Fatal will rent 4,200 square meters at Gillot intersection (the real estate center).