Commercial Real Estate News:
ROTSHTEIN REAL ESTATE LTD
has agreed to acquire a 6,200 M2 parcel in Kadima-Zoran, Israel for approx. $9 million intending to develop a shopping center on the site.
ARENA STAR GROUP LTD
is selling the Arena mall in Herzliya, Israel to REALITY FUND for $ 92 million.
GOLDEN HOUSE LTD together with RAVAD LTD
are purchasing a 15 nursing homes chain in England, for approximately 79 million pounds.
JERUSALEM ECONOMY LTD
agreed to sell the Market Mall in Canada for $ 35 million.
SHIR SHLOMO REAL ESTATE LTD
has sold a hotel in Germany for EUR 20 million.
Commercial Real Estate Opportunities:
Property for sale in major Midwestern city in the USA, center city location in prominent finance, high-tech, hotel and entertainment area, 7.5% yield, 12,000 M2, 80% occupancy, 20M$, capital of 6M$ with loan of 14M$ at 3.4%. Potential value add opportunity to upgrade the property to leading high tech asset or boutique hotel given its advantageous high profile location.
The purpose of this Newsletter is to update you with Commercial Real Estate information related to companies from Israel. The information contained herein does not constitute an opinion or professional advice. It is recommended to use the information detailed in this Newsletter only after consultation with the appropriate professional consultants from our office.
Propertech Real Estate is a commercial real estate boutique, a leader in providing professional and unique brokerage services for office spaces, logistics spaces, commercial buildings, brokering and negotiating investment real estate transactions, land, etc,
managed by Avi Gimpel and Guy Amosi.