One of the Iranian missiles that struck Israel in central Israel this morning, struck the residential buildings in Holon, which is scheduled to be demolished soon as part of the urban renewal project that is implemented by Oron Real Estate (Tase: Oron).
“There are 48 owners of apartments in many buildings in the complex, and we apply for planning for permits there according to the plan. In the next few days, we should have received an bill for fees and fees reported, but all buildings are destroyed, but photography is usually overpowered, but we are looking for anything,” says Oron Real Estate VP Urban Renderal Gal Kastel. He explains the importance of urban renewal and I am happy that no one has been damaged. “
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Oron Real Estate plans to build three buildings from 9 to 10 floors on the site, with a total of 127 apartments.
“For the time being, we have tenants who move to alternative apartments as soon as possible. We encouraged the plan for about two and a half years with the municipality. He quickly went with the tenants,” Castle added.
Oron Estate Mario Kopel, CEO of Oron Real Estate Mario Kopel says that the company’s employees have arrived at the scene to try to help the tenants, along with the police, the internal front leadership, and the municipality’s Ministry of Welfare. “If this is not the case for war, we would have already issued a evacuation notice and they were pressuring us for that, and we were only waiting for the fees. Now we’ll see whether we could move forward forward, but we would take a long time to take a long time in that or there” it does not matter. “
Posted by Globes, Israel Business News – En.globes.co.il – on June 19, 2025.
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