American tech colossus Apple announced Wednesday that has signed a contract to lease office space in a new project under construction in a tech and business park in Haifa, for a reported 30 million shekel ($9 million) a year.
Apple's offices in Haifa will span 28,000 square meters (301,390 sq. ft.). The company will also lease 620 underground parking spaces at the Matam High Tech and Business Park in Haifa.
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According to media reports, the multinational technology giant's lease is for a period of seven years, for roughly $9 million a year, with an option to extend it further. Apple employees are expected to move into their Haifa offices in late 2022.
Apple started its activities in Israel in 2012 after it acquired Israeli startup Anobit for $390 million. The US firm now has R&D centers in Herzliya and Haifa, with a total of some 1,000 employees.
