Mr Adam Spruch > Yigal Arnon & Co > Tel Aviv, Israel > Lawyer Profile

Yigal Arnon & Co
1 AZRIELI CENTRE
TEL AVIV 67021
Israel
Adam Spruch photo

Work Department

Litigation, Planning and Construction, Real Estate.

Position

Adam Spruch`s practice involves commercial litigation and advising a range of clients on civil and commercial legal issues. Adam additionally represents clients in real estate transactions, financing agreements and joint venture

Career

Adam joined the firm in 2002 and became a partner in 2010.

Languages

Adam is fluent in Hebrew and English

Memberships

Adam was admitted to the Israel Bar in 2002.

Education

Adam graduated from the Hebrew University in Jerusalem with distinction in 2001.

Lawyer Rankings

Israel > Planning and zoning

Rated for its ability to ‘stay atop the country’s ever-changing zoning regulations‘, Yigal Arnon & Co has been involved in some of Israel’s most iconic recent real estate developments. Aner Hefetz and Hagit Bavly are advising Idit Properties on the redevelopment of Atarim Square in Tel Aviv, and continue to act for Azrieli Group in relation to the expansion of the Azrieli commercial centre. Bavly is also assisting The Jewish Agency with issues such as building permits and the city plan for the development of over 2,500 housing units for the elderly. Also recommended are Asaf EylonAmalia MeshiAdam Spruch and Hagai Shmueli, all of whom have considerable experience with large-scale residential and commercial projects, including urban renewals. In the urban renewal space, the team is engaged by developers including Ramot In The City and Rova 1.

Israel > Real estate and construction

Yigal Arnon & Co is ‘deeply familiar with the processes and decisions of the Israel Land Authority‘ and has ‘the invaluable ability to predict any potential problems from the very earliest stages of a transaction‘. The team has noted strengths in litigation, regulation and corporate real estate, and is engaged by some of Israel’s most prolific real estate companies. In a large-scale mandate, Hagit Bavly is acting for The Jewish Agency in relation to an agreement with the State of Israel for the development of 2,650 residential units for the elderly, which is financed partly through a NIS600m loan from Harel Group. Also recommended are Amalia Meshi and recently promoted partner Naftali Nir, who are advising Azorim Construction on a litany of residential development mandates in connection with the government’s Mechir Lamishtaken programme. Additionally, Meshi and Nir are acting for a joint venture between Ofer Brothers Engineering & Development and Azorim Construction in relation to the development of the Herzliya Hills project, which includes 600 residential units and an expansive commercial and business district. Other significant clients include JTLV Group, Apartment for Rent – The Governmental Company for Housing and Rental, and Azrieli Group. Hagai ShmueliAsaf Eylon and Adam Spruch are also recommended.

Israel > Real estate: urban renewal

Yigal Arnon & Co has expertise in real estate development, land taxation, planning, finance and litigation, which it brings together to advise Israel’s most active real estate developers on large-scale evacuate-rebuild and TAMA 38 projects. Amalia Meshi and Naftali Nir are advising Azorim Construction on a number of urban renewal projects, including a 680-unit development in Netanya and a 400-unit project in Giv’at Shmuel. Similarly, Hagit Bavly and Asaf Eylon are assisting Afikei Smadar with the development process of an urban renewal in Kiryat Gat, which will deliver 438 new apartments in four residential towers. Another key contact is Adam Spruch, who is acting for a private equity fund in relation to the development of over 30 urban renewal projects in central Israel. The team is also acting for Acro Real Estate in an urban renewal in Tel Aviv, involving the demolition of 72 apartments and subsequent construction of 162 units and a large underground parking structure.