Adv Avi Arad > Goldfarb Seligman & Co. > Tel Aviv, Israel > Lawyer Profile

Goldfarb Seligman & Co.
ELECTRA TOWER
98 YIGAL ALON STREET
TEL AVIV 67891
Israel

Work Department

Real Estate, Planning and Construction Department

Position

Adv. Arad is the Co-Head of the Real Estate, Planning and Construction Department, and is a member of the firm’s Executive Committee.

Adv. Arad specializes in complex real estate transactions, including large scale residential projects which include hundreds or thousands of housing units, and possesses significant reputation regarding Tama 38 (a National Outline Plan for the reinforcement of buildings against earthquakes) and urban renewal projects.

Adv. Arad provides continuous legal consulting to real estate companies, developers and infrastructure companies regarding various projects and transactions, including commercial projects, public housing projects, hotel projects and more.

Adv. Arad advises public and private real estate companies, as well as leading Israeli and international entrepreneurial companies. In recent years, Adv. Arad had handled a significant portion of the largest and most complex real estate transactions in Israel – both from the legal rights’ status aspects of the relevant real estate, and from the transaction’s commercial and financial aspects.

Adv. Arad advises clients from the planning and acquisition stages, through the development stages and construction and registration stages. He advises on financing procedures, and on real estate tax aspects, and represents clients before various government authorities.

Among Adv. Arad’s clients are public companies, private companies, holding groups and entrepreneurs of large-scale real estate projects.

Adv. Arad has been repeatedly recognized, year after year, by various international directories, among them is Chambers & Partners, by domestic directories and by professional magazines, as one of Israel’s leading attorneys in the real estate field.

In the past, Adv. Arad was a senior partner at Dankner Lusky & Co., a leading Israeli law firm in the real estate, commercial and corporate fields.

Languages

English and Hebrew.

Memberships

Israel Bar Association, 1988.

Education

LL.B. Tel Aviv University, 1987.

Lawyer Rankings

Israel > Real estate: urban renewal

(Leading individuals)

Avi AradGoldfarb Seligman & Co.

Goldfarb Seligman & Co. handles a high volume of NOP 38 and evacuation-construction projects in Israel, where it acts for all parties, including apartment owners and contractors. Practice co-head Avi Arad is frequently instructed to oversee large-scale evacuation-construction projects; in one such ongoing matter, he is representing Neve Gad in obtaining the approval of tenants required to commence a major project for the construction of a luxury residential building comprising 1,500 housing units (compared to the current 471 units) with an estimated value of NIS3bn. Fellow co-head Levy Amitay is also noted.

Israel > Real estate and construction

(Leading individuals)

Avi AradGoldfarb Seligman & Co.

Goldfarb Seligman & Co. is well known for its expertise advising entrepreneurs on residential property matters and income-yielding real estate, where Ari Wechsler has considerable experience. The group’s broader offering includes advising on real estate investments in Israel and overseas, and assisting with major urban renewal projects, as well as handling property, betterment and development tax proceedings and land expropriation cases. Avi Arad, Levy Amitay and Wechsler are advising Canada Israel Group on all of its real estate transactions in Israel, including an agreement with Wix.com to build a 50,000sqm campus, valued at NIS1.5bn. Arad is notable for his frequent involvement in Tama 38 projects and various other urban renewal projects.