Commercial Real Estate News:
SELA CAPITAL REAL ESTATE LTD
has acquired 11,500M2 office space in Moshe Aviv Tower located in Ramat Gan, Israel from for $ 78 million. The offices serve as the headquarters of Bank Mizrachi-Tefahot. Mizrachi -Tefahot has been headquartered outside of Tel Aviv for several years and represents a trend in the financial services industry to relocate outside of what is considered Israel’s financial capital. (Globes).
MASLAVI CONSTRACTION COMPANY LTD
has sold a parcel in Ramat Gan, Israel for a commercial use, for 16 Million Euro.
FATTAL PROPETIES (EUROPE) LTD
through a subsidiary has agreed to acquire a hotel in Vienna, Austria.
A subsidiary of MISHORIM DEVELOPMENT LTD
has sold Golden Gate Plaza shopping center in Greensboro, North Carolina, for $12.8 million.
PROPERTY AND BUILDING CORP LTD and ELECTRA REAL ESTATE LTD
are jointly selling a 33-acre lot in Chennai, India, for commercial and residential use for $45.5 million.
Israel Postal Company has agreed to the sale of a 4.4 dunam lot in Tel Aviv, Israel.
Commercial Real Estate Opportunities:
For lease – a high end 1,750M2 biotech office and laboratory space in Caesarea Park, fully furnished and equipped- move in plug and play condition.
For lease a 400M2 open space office at Ampa building (Electra) in Tel Aviv Israel.
Office space for sale/leasback. In the center of Gush Dan, Israel. Two floors (out of five). 2,000M2. 7.5% return.
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.