Weekly Commercial Real Estate News of Israel 274#
Commercial Real Estate News:
BRACK CAPITAL PROPERTIIES NV
has sold four properties in Germany for approximately EUR 67 million.
MASLAVI CONSTRACTION COMPANY LTD
agreed to sell a parcel in Ramat Gan, Israel for 16 Million Euro.
AMOT INVESTMENT LTD
has acquired an office building in Tel Aviv, Israel for $65 million.
An acquisition group led by REGENSAY JERUSALEM HOTEL LTD
has agreed to purchase the “Resital Lot” in Tel Aviv, Israel.
Mr. Guy Elias has been named CEO of ASPEN GROUP LTD.
Commercial Real Estate Opportunities:
Property for sale in major Midwestern city in the USA, center city location in prominent finance, high-tech, hotel and entertainment area, 7.5% yield, 12,000 M2, 80% occupancy, 20M$, 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.
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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.