Natam's Report – First Half 2019

General Trends

• There is a demonstrated increase in average rental prices and occupancy rates in Class A office buildings in the Tel Aviv area – and this trend is expected to also continue during the second half of 2019.
• The high occupancy rates in the new building in expected to result in an increase in demand for offices and in an increase in rental prices in this market' for Class B office buildings in the Tel Aviv area.
• The upward trend of prices of industrial and logistics lots in the areas of high demand also continued during this six month period. We expect this trend to also continue during the second half og 2019, primarily due to quick growth of E-commerce and distribution companies, and as a result of the recent technological changes and improvments in the field of logistics.

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