Anglo-Saxon commercial deals in Tel Aviv up 30%

Anglo-Saxon Real Estate Ltd. reports that its commercial deals in Tel Aviv totaled $408 million in 2007, 30% more than in 2006. The agency said that it brokered 82 commercial rental deals with an aggregate area of 160,000 square meters and 25 sales with an aggregate area of 78,000 square meters during the year.

Anglo-Saxon Tel Aviv general manager Amos Glazer said, "Vacating fees that had been customary for areas such as Sheinkin St., Kikar Hamedina, the Schuster Center, and leading malls have spread to main streets such as Rothschild Blvd,, Dizengoff St., Ibn Gvirol St., and corner properties. Almost all contracts are Consumer Price Index (CPI) linked shekel deals, and are not denominated in dollars, because of the dollar's instability."

Real Estate Designers offers totally innovative solutions for your software development, Internet programming, real estate web design and hosting needs. Our service includes domain name registration and real estate web design. Real Estate Designers provides the complete solution including design, application development and marketing.

source: globes.co.il