web analytics
May 31, 2016 / 23 Iyar, 5776
News & Views
Sponsored Post

Apple Rented Office Space in Ra’anana for Third R&D in Israel

JewishPress Logo

Apple has rented from the Ofer Investments Group office space in the town of Ra’anana, outside Tel Aviv, for its third research and development center in Israel, Globes reported.

The 32,000 sq. ft. space is in The Millenium building in Ra’anan’s industrial zone.

The lease agreement has been signed for a period of six years, with an option to extend. Under the contract, Apple will pay $17.5 per square meter ($52,500 altogether), as well as management fees. The rented floors will accommodate about 200 employees.

Apple has offices in Haifa’s industrial park, which was inaugurated only last year, and another development center in Herzliya, just north of Tel Aviv.

Apple has recently absorbed some 100 employees who had been let go by the Texas Instruments Ra’anana center, which is why Apple opted to launch its third operation in Israel in Ra’anana.

Jewish Press News Briefs

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.

If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Apple Rented Office Space in Ra’anana for Third R&D in Israel”

Comments are closed.

Current Top Story
Arial view of Nokdim, a community located south of Bethlehem in the northern Judean hills. / Google Maps
Report: Israeli Civil Administration Accelerates Mapping of State Lands in Judea and Samaria

Printed from: http://www.jewishpress.com/news/breaking-news/apple-rented-office-space-in-raanana-for-third-rd-in-israel/2013/03/08/

Scan this QR code to visit this page online: