Published On: Mon, Dec 10th, 2018

Israelis are America’s eighth-largest foreign investors in real estate

In the last 10 years, Israeli companies and private individuals have invested $ 11.5 billion in real estate purchases in the United States.

WeWork, Adam Neumann

Israelis are America’s eighth-largest foreign investors in the real estate market, according to a comparative report by the business services firm JLL, which specializes in real estate and investment management.

Since the beginning of the decade, Israeli companies and private individuals have invested $11.5 billion in real estate.

The report reveals that the preferred city for Israeli investors is New York with $3.2 billion investments, followed by Washington, DC, with $ 1.33 billion, and Houston, Texas with $ 692.6 million.

Real Estate compass Dr. Ori Alon (R) Robert Rafkin (L)

Israeli real estate investments in the US since 2010 come from 55 private and public investors, 28 of them (about 50%) are private investors, and 27 of them (the remaining 50%) are institutional, About 43% of all 55 investors are publicly traded companies.

About half of the Israeli investments are in the purchase of offices, 30% in homes and apartments, 15% in commercial areas and shopping centers, and 5% in industry.

The list of countries that invest in American real estate leads by a large margin of the rest of the northern neighbor Canada, whose residents have invested more than $ 100 billion in real estate purchases since the beginning of the decade, followed by Chinese investors who invested $ 40 billion and residents of Singapore and Germany invested $ 24 billion.

“Israeli investors continue to appreciate US commercial real estate and the stability it provides,” said Richard Bloxam, Global Head of Capital Markets at JLL. “While many investors in the world preferred US offices, Israeli investors have shown willingness to invest in America’s flourishing multidisciplinary and industrial sectors.”

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