October 19, 2021

The landmark real property, known as Old Towne, which is part of the Old City in downtown Jerusalem, will be acquired by the Israel Real Estate Association.

The move comes two days after the Israeli Supreme Court ruled that Israeli settlers could build homes on the area, which Israel occupied in 1967.

The ruling prompted the government to declare that the Israeli settlements were illegal and that the land could be sold.

The Israeli authorities have been accused of illegally demolishing Palestinian homes in the area.

The real estate association plans to build more than 100 homes in two blocks on the Old Town and the adjoining nearby Palestinian villages.

The company is building a home in the Old Jewish Quarter and a home next door to the site of the Al-Quds mosque.

Landmark Real Estate said it has agreed to buy the Old Port area and adjacent land, which was originally home to Jewish settlers, as well as the adjacent Palestinian villages of Ma’aleh Adumim and Qaddum.

The group also will build homes in an adjacent Palestinian village of Nabi Saleh and a Palestinian town of Bil’in.

The deal, which will be signed this week, marks the first of its kind for the area of Old Town.

The purchase price is not known.

Landmarks Real Estate will purchase the Old Towns area from Israeli settlers, and will be paid by the Israeli government.

The Palestinian village and surrounding area will be bought from the Israeli army and Israeli settlement company, Beitar Jerusalem.

Land Marks is planning to expand the Old and adjacent villages, with plans to have 20,000 to 30,000 residents in the planned area.

Land Markets will also develop and purchase land in the nearby village of Dura, which the Israeli settler group JVP plans to annex.

Israel’s settler movement has been accused by international organizations of displacing hundreds of thousands of Palestinians in the West Bank and East Jerusalem, where it operates a network of outposts, outposts that serve as the Israeli border with Jordan.

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