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Rent of offices rises in price in Tel Aviv

July 17th, 2008

Cost of rent of offices in the Israeli capital has risen on 18 % in comparison with summer, 2007.
Experts predict that the prices for short-term rent of offices will grow; especially it concerns the small areas. In 2009, commissioning of new objects will promote reduction of cost of rent.
Recession in the USA has not affected demand in the Israeli real estate market of office though some international companies have refused expansion of the area of their offices.

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