Commercial Real Estate News:
LAHAV L.R. REALESTATE LTD
acquired 5 shopping centers in the Rhine Main Region near Frankfurt, Germany for a total of $ 14.5 million.
MASLAVI CONSTRACTION COMPANY LTD
along with a partner, has signed an agreement to purchase 20,000 sq.m. residential building rights in Herzeliya, Israel. The project is part of a national urban renewal plan, whereby the existing apartment are vacated from the residences during the period of construction of a newly built project with additional apartments. The existing residents receive larger new apartments in the newly build project.
A subsidiary of SHIR SHLOMO REAL ESTATE LTD
has leased the Wyndham Grand Hotel in Frankfurt to a third party operator in a 20-year lease for a minimum rent of €5 million p.a.
A foreign subsidiary of ELECTRA REAL ESTATE LTD has sold an 18,000 sq. m. office building in Montreal, Canada, for C$ 58 million.
Commercial Real Estate Opportunities:
For lease office spaces at the Museum building in Tel Aviv Israel.
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.