Real Estate
Global Guide 2024 : Israel
Band 2
Email address
[email protected]Contact number
+972 3 692 2020About
Provided by Herzog Fox & Neeman
The Real Estate and Construction department has significant experience working with all of the key players in the industry, advising real estate entrepreneurs, developers, industrial and governmental companies, franchisees of national infrastructure projects, bodies in the agricultural and Hi-Tech sectors, and domestic and international private clients and companies.
The department specialises in:
• Legal support for all types of transactions – including “combination” and joint venture-based transactions, sales, purchase and leasing transactions, purchasing groups and evacuations and demolitions
• Planning issues – including the acquisition of land, due diligence, expropriation of land and consequences of rezoning, town planning and urban development, municipal taxes and fees, registration and approvals
• Regulatory issues – representation and mediation services concerning environmental issues related to the Israel Lands Administration and assisting in the establishment of compliance programs
• International real estate transactions – identifying appropriate foreign legal advisors on behalf of clients and coordinating with these advisors in purchasing overseas real estate rights, establishing projects and subsequent sales
• Financial aspects of transactions – including the obtaining or restructuring of loans, and other relevant financing techniques
• Construction litigation - representing clients in arbitration and litigation relating to tenders and construction disputes
Chambers Review
Herzog Fox & Neeman is recognised for its considerable strength in real estate. Its real estate, planning and construction team advises on the full life-cycle of real estate projects, from the planning stages to marketing and sales. The firm represents clients throughout Israel including developers, investment funds, financial institutions and government agencies from its base in Tel Aviv. The team acts on a range of commercial and residential mandates and is noted for its experience in urban renewal matters. Its lawyers are further commended for their assistance with the taxation aspects of real estate deals.
Work Highlights
- Herzog Fox & Neeman assisted Reality Investments Fund 4 with numerous purchase agreements and options for the land rights of a 60-dunam mixed-use property in Tel-Aviv.
Strengths
Provided by Chambers
"HFN has a deep team with lots of experience."
"The team we work with is very knowledgeable of all aspects of real estate."
"The firm has a very high ability to handle complex issues."
"HFN has very commercial lawyers and knows how to negotiate in the best way."
"They are very responsive and the service is excellent."
"HFN has a deep team with lots of experience."
"The team we work with is very knowledgeable of all aspects of real estate."
"The firm has a very high ability to handle complex issues."
"HFN has very commercial lawyers and knows how to negotiate in the best way."
"They are very responsive and the service is excellent."
Notable Practitioners
Ariel Flavian's real estate practice includes advising public companies and private landowners on residential project developments, urban renewals and financings.
"Ariel knows the market and is very well respected by other players in the market, including banks and local councils."
"Ariel delivers very good service, is very knowledgeable and can lead very sophisticated deals."
Tsouriel Picard is an increasingly prominent lawyer whose practice encompasses valuable residential and commercial developments, as well as acquisitions and lease agreements. His client roster includes construction companies and investment funds.
"Tsouriel offers deep business insight."
"His responsiveness is great. He is personable and available."
"Tsouriel is an excellent attorney, both from a legal and commercial standpoint."
"Tsouriel sees the big picture and helps promote the transaction in a creative and considered, but also fast and efficient, way."