No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, November 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Apple leases space in Jerusalem near Hebrew University

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 3 mins read
A A
Apple leases space in Jerusalem near Hebrew University
Share on FacebookShare on TwitterShare on LInkedIn


Apple, which has been operating in Jerusalem for nearly four years, is expanding its presence in the city by leasing more space from Bayside Land Corp. Ltd. (Gav Yam) (TASE:BYSD1).

A source close to the deal has told “Globes” that Apple is leasing a floor – about 1,500-2,000 square meters – in the Hebrew Campus technology park, currently under construction by the Hebrew University of Jerusalem’s Givat Ram campus. Apple is expanding its hiring for the activities in the new offices. Estimates are that Apple is paying Bayside NIS 80-90 per square meter per month, making the deal worth about NIS 2 million annually.

Apple is hiring for 28 positions in its Jerusalem development office. At all its centers throughout Israel, the company is hiring software and firmware engineers, validation examiners and Wi-Fi experts but in Jerusalem it is also seeking students who have completed at least three semesters in electrical engineering and computer science degrees.

Apple has identified the Hebrew University of Jerusalem and its integrated track, as a pool from which it can train the future generation of its hardware developers in Israel. Some 2,300 Apple employees in Israel take part in the development of some of the hardware and software components that underlie all of the company’s devices, with an emphasis on the Mac M series of processors, the development of which is managed by former Israeli Johny Srouji, Apple VP chip development. Compact flash memories for Apple devices, the company’s smartwatch chips, the depth camera essential for the facial recognition feature that allows the phone to be unlocked, and augmented reality applications for the Vision Pro reality headset were all developed in Israel.

New tower on the way

Apple already employs several dozen engineers at the development center it inaugurated in Jerusalem in 2022 in the Har Hotzvim tech park near Mobileye. Leasing the new floor in Givat Ram will increase Apple’s operating space in the city and make it accessible to students studying at the nearby university and to its graduates, including participants in the IDF’s prestigious Talpiot program.

Hebrew Campus, which is in advanced stages of construction, is expected to include four buildings that will spread over 270,000 square meters and house about 10,000 employees. The cost of construction for Bayside is estimated at NIS 1.4 billion.

Apple will be joined by Lightricks, which leased 16,000 square meters in Givat Ram when construction of the complex began, for NIS 190 million. It seems Bayside has become Apple’s default choice for real estate in Israel. The company is currently building a new 32-floor tower for Apple in Herzliya Pituah with 45,000 square meters of office space. At the beginning of the decade, Apple expanded its presence in Haifa with a new lease on Bayside’s building in Matam Park where Apple leased 28,000 square meters for seven years.





RELATED ARTICLES




Apple SVP leads senior delegation of execs to Israel


Bayside buying Tel Aviv land for ToHa3 tower






Apple is betting on Israel because of the expertise of local development engineers in the worlds of chips, memory, and depth perception, and employs, among other things, many engineers who previously worked at companies like Intel and Nvidia.

At the same time, the phone and computer giant is considered by employees to be a workplace that requires long hours, strict discipline, and a culture of discretion and secrecy.

Published by Globes, Israel business news – en.globes.co.il – on June 11, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: AppleHebrewJerusalemleasesSpaceUniversity
ShareTweetShare
Previous Post

How Local Sales Tax Impacts Your Online Business 

Next Post

Rare earth mining stock GMDC rallies 18% in 8 sessions amid fears of supply disruptions

Related Posts

edit post
IPO Calendar: Meesho to anchor a packed Rs 6,900 crore pipeline from 12 issues next week

IPO Calendar: Meesho to anchor a packed Rs 6,900 crore pipeline from 12 issues next week

by TheAdviserMagazine
November 29, 2025
0

India's primary market is gearing up for a strong closing to the year 2025, with a mix of large mainboard...

edit post
How successful has OPEC+’s oil output policy been in 2025?

How successful has OPEC+’s oil output policy been in 2025?

by TheAdviserMagazine
November 28, 2025
0

Ministers of the Organization of the Petroleum Exporting Countries and allied nations (OPEC+) are unlikely to make changes to their...

edit post
Nintendo’s secret to becoming a design powerhouse? Developers who have stayed at the company for decades

Nintendo’s secret to becoming a design powerhouse? Developers who have stayed at the company for decades

by TheAdviserMagazine
November 28, 2025
0

Nintendo is home to some of the most beloved characters in the video game industry—Mario, Pikachu, Kirby, and many others....

edit post
Airbus warns A320 fleet needs software fix after incident

Airbus warns A320 fleet needs software fix after incident

by TheAdviserMagazine
November 28, 2025
0

Airbus SE cautioned that a large portion of its active A320 jetliner family fleet will require a software fix after...

edit post
Steve Jobs taught Gap’s former CEO that micromanaging can be a good thing

Steve Jobs taught Gap’s former CEO that micromanaging can be a good thing

by TheAdviserMagazine
November 28, 2025
0

One of the great debates in leadership is how much managing is too much. Psychologists argue micromanagement is harmful, saying...

edit post
Beauty, makeup, and appareal top discounted items this holiday season (XLY:NYSEARCA)

Beauty, makeup, and appareal top discounted items this holiday season (XLY:NYSEARCA)

by TheAdviserMagazine
November 28, 2025
0

Nov. 28, 2025 11:08 AM ETThe Consumer Discretionary Select Sector SPDR® Fund ETF (XLY), XLPAEO, NKE, ANF, GAP, EL, ROST,...

Next Post
edit post
Rare earth mining stock GMDC rallies 18% in 8 sessions amid fears of supply disruptions

Rare earth mining stock GMDC rallies 18% in 8 sessions amid fears of supply disruptions

edit post
Jobs scarce for juniors in Israel’s tech industry

Jobs scarce for juniors in Israel's tech industry

  • Trending
  • Comments
  • Latest
edit post
7 States That Are Quietly Taxing the Middle Class Into Extinction

7 States That Are Quietly Taxing the Middle Class Into Extinction

November 8, 2025
edit post
How to Make a Valid Will in North Carolina

How to Make a Valid Will in North Carolina

November 20, 2025
edit post
8 Places To Get A Free Turkey for Thanksgiving

8 Places To Get A Free Turkey for Thanksgiving

November 21, 2025
edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

November 10, 2025
edit post
8 States Offering Special Cash Rebates for Residents Over 65

8 States Offering Special Cash Rebates for Residents Over 65

November 9, 2025
edit post
Could He Face Even More Charges Under California Law?

Could He Face Even More Charges Under California Law?

November 27, 2025
edit post
Hating The Dollar – Nearly A 60 Year Tradition

Hating The Dollar – Nearly A 60 Year Tradition

0
edit post
Upbit  Million Hack Update: Authorities Link Breach To North Korean Hackers

Upbit $30 Million Hack Update: Authorities Link Breach To North Korean Hackers

0
edit post
The Marketer’s Guide To Answer Engine Optimization

The Marketer’s Guide To Answer Engine Optimization

0
edit post
Why Many Older Voters Feel Abandoned by Both Political Parties

Why Many Older Voters Feel Abandoned by Both Political Parties

0
edit post
IPO Calendar: Meesho to anchor a packed Rs 6,900 crore pipeline from 12 issues next week

IPO Calendar: Meesho to anchor a packed Rs 6,900 crore pipeline from 12 issues next week

0
edit post
You Can’t Argue With MAGA About This: 12 Truths About the Greatest Nation on Earth

You Can’t Argue With MAGA About This: 12 Truths About the Greatest Nation on Earth

0
edit post
Upbit  Million Hack Update: Authorities Link Breach To North Korean Hackers

Upbit $30 Million Hack Update: Authorities Link Breach To North Korean Hackers

November 29, 2025
edit post
IPO Calendar: Meesho to anchor a packed Rs 6,900 crore pipeline from 12 issues next week

IPO Calendar: Meesho to anchor a packed Rs 6,900 crore pipeline from 12 issues next week

November 29, 2025
edit post
Hating The Dollar – Nearly A 60 Year Tradition

Hating The Dollar – Nearly A 60 Year Tradition

November 29, 2025
edit post
How successful has OPEC+’s oil output policy been in 2025?

How successful has OPEC+’s oil output policy been in 2025?

November 28, 2025
edit post
Turkmenistan Legalizes and Regulates Virtual Assets in Landmark 2026 Law

Turkmenistan Legalizes and Regulates Virtual Assets in Landmark 2026 Law

November 28, 2025
edit post
92% of Self-Made Millionaires Do Not Own a Luxury Automobile

92% of Self-Made Millionaires Do Not Own a Luxury Automobile

November 28, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Upbit $30 Million Hack Update: Authorities Link Breach To North Korean Hackers
  • IPO Calendar: Meesho to anchor a packed Rs 6,900 crore pipeline from 12 issues next week
  • Hating The Dollar – Nearly A 60 Year Tradition
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.