FACTOR Commercial Real Estate was founded by partners Roy Silony, Nir Maor, Amir Binyamini and Meni Weiss in 2015, and specialises in providing advice in tenant representation, capital markets, landlord leasing, industrial and logistics, as well as research and analysis.
For the last five years, FACTOR has been a market leader in Israel with more than 725,000 sq m of real estate sold and leased for a transaction value of more than USD 1.6 billion. Its clients include local and international companies across all sectors.
FACTOR has been involved in some of the most significant transactions that were made in Israel in recent years. These include tenant representation for Monday.com for the last five years with a recent 19,000 sq m deal in Rubinstein Twins Tel Aviv and a 20,000 sq m deal with WeWork in ToHa Project Tel Aviv.
The capital markets team has been involved in the acquisition of Israel's Post Logistic Center for NIS 470 million, and also completed the acquisition of three land plots for the development of new data centres for a total of NIS 340 million. FACTOR is currently dealing with several large projects under exclusive landlord leasing, for leading Israeli developers.
James Sparrow, CEO, Savills UK & EMEA, comments: “We are delighted that FACTOR Commercial Real Estate will be our associate in Israel with immediate effect which will enable us to strengthen and broaden our growing presence in the region, helping occupiers and investors. We continue to expand our teams and areas of expertise to the benefit of our global client base."
“We find the Israeli real estate market particularly interesting, due to its fast recovery from the Covid-19 crisis and a growing demand for office space. We see FACTOR Commercial Real Estate as the ideal partner to promote our respective clients' interests in the region.”
Roy Silony, Founding Partner, FACTOR Commercial Real Estate, says: "Although Israel is a relatively small country with a population of 9.3 million, it's a key market for multinationals in the advanced technologies sector and others. Israel is home to over 60 local unicorns and more than 350 multinationals like Apple, Google, Microsoft, Intel, and Nvidia who have R&D centres in Israel.
“This trend is only growing with Israel showing a remarkable recovery from the Covid-19 crisis, leading the OECD countries in Gross Domestic Spending on R&D and in Q1 2021 capital raising peaked at USD 5.37 billion.”
Amir Binyamini, Founding Partner, FACTOR Commercial Real Estate, adds: “The collaboration opens vast opportunities for cross border investors interested in the Israeli commercial real estate market and for Israeli investors interested in international markets. Moreover, on the tenant representation side, we can now offer a comprehensive service for multinationals, high tech companies, and logistics companies – internationally and in the region.”
Nir Maor, Founding Partner, FACTOR Commercial Real Estate, concludes: "We are delighted to become part of Savills international network and plan to leverage the relationship to grow our market share and services. FACTOR's main focus has always been to deliver best-in-class services through specialisation based on each individual’s strengths. Our aim is to hire talented employees that complete our team's puzzle and invest in them so they will grow with us. Savills and FACTOR share the same set of values and this makes our connection easy and natural.”