Commercial Real Estate News:
NETZ HOTELS LTD
has agreed to acquire two hotels in Eilat, Israel from AFRICA ISRAEL HOTELS LTD for approx. $18 million.
ALONY-HETZ PROPERTIES AND INVESTMENTS LTD
has agreed to purchase two office buildings in the US, one in Washington DC and the other in Boston for a total of $340 Million.
SHIR SHLOMO REAL ESTATE LTD
have acquired majority ownership of an office building in Hamburg, Germany for 20 million euros.
A European subsidiary of RAVAD LTD
is selling a property in Cirencester, England, for $ 21 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.