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Front - Globes

Thu: Insurance, energy stocks lead rise "Israel can be a window to the Mediterranean" India signs $1.1b IAI tanker aircraft deal - report Indian co KPIT to acquire Israeli startup Cymotive Strengthening shekel nears NIS 2.90/$ threshold Wizz Air Israel hub talks break down Sakal makes shock bid to buy ZIM Israeli defense-tech co Kela raising $200m at $1.2b valuation Tue: Insurance stocks lead TASE higher Israel’s most expensive home up for sale TASE readying for big wave of IPOs this month AI ecommerce co ZyG raises $60m at $500m valuation Canadian real estate co Almadev plans TASE IPO Cisco to acquire Israeli co Astrix Security Rafael close to buying VW plant Mon: Nice lifts TASE to new record Israeli startup BridgeWise teams with Elon Musk�s X Leumi Partners invests NIS 200m in Landora Ministers approve two new combat aircraft squadrons Fri: Main indices rise, Tower surges Beilinson Hospital receives record donation for cancer research Thu: Main indices edge higher Keystone joining Hot Mobile acquisition Mekorot teams with nT-Tao on nuclear fusion Lufthansa Group suspends Israel flights until June Check Point disappoints on revenue, beats on profit SuperPlay earnout payments weigh on Playtika Tel Aviv Park HaMesila penthouse sells for NIS 55m Israeli credit card players eye potential of Wizz Air loyalty club Elon Musk to visit Israel next month
Court delays Sde Dov land lottery due to contamination
Maya Levin · 2026-11-05 · via Front - Globes

The Herzliya Magistrates Court has postponed the lottery until August.

The contamination of the land in Tel Aviv’s Sde Dov district is once again delaying of the longest real estate sagas in Israel, due to the regulation of the rights of private landowners in the large bloc.

Following the uncertainty over PFAS soil contamination in the neighborhood, some of the land managers in the large bloc have petitioned the Herzliya Magistrates Court to postpone the land distribution lottery that was supposed to take place in about a month, claiming that until full clarity has been received on the findings of the contamination and the methods of treating them, the procedure should be delayed for several months. This morning, the court decided to accept their request and postpone the lottery until August.

Published by Globes, Israel business news - en.globes.co.il - on May 11, 2026.

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