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Betting big on Israeli real estate, Canadian billionaire looks to drive housing markets

Ai • February 27, 2026

Betting big on Israeli real estate, Canadian billionaire looks to drive housing markets is drawing significant interest across the industry.

After buying foundering developing firm Azorim in 2011, Hershey Friedman has turned it into a NIS 5 billion market leader — and is now doubling down on Jerusalem

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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