In the economic capital of Israel, Tel Aviv, the average cost of office rental rose by 2,5% in comparison with IV quarter of last year. In Ramat Gan, and Herzliya, growth was 3% and 4,6% respectively. In other major cities - Jerusalem and Netanya - rental rates have remained stable.

Throughout the country, the cost of office rental ranged between $ 13-21 per square. m per month, according to Globes, with reference to research company MAN Properties.

According to CEO Jackie Mukmel, rising rental rates will continue in the coming months due to lack of new office space.