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Commercial news from Israel - 26th August 2024
26 août 2024... "Teamwork is the only way to achieve success"...that's what Pat Riley, the legendary coach of the Lakers, wrote and was so right.
Just as Jacob worked for years for his love for Rachel, so Einat, the champion, has been accompanying Danny, CEO and owner of a financial services company that is looking for offices with very specific requirements in the Ono valley, for over three years. Einat and Danny saw dozens of areas together and did not find anything that was "a stamp for a pony" for them.
About four years ago we created (a work of art) for an international company, with the architect Hadas Makov, the project manager Yoav Avichai from "Yade Engineering" and the company A. Weiss, offices that are state of the art and another fact, maintaining a good and continuous relationship with all our clients, even after the end of the deal, is in our DNA at Avison Young Israel.
Due to the situation in the world and in Israel, in recent months the company has shrunk and turned to the professional Ayelet, who will find her a replacement tenant for part of the work of art"."
Einat and Ayelet immediately brought Danny to see the area and his decision was made faster than the speed of light.
Negotiations on the price, lawyer's work, separations and minor changes, 3 = 1+1 and this week, despite the challenging situation, the agreement was signed.
A small example but at the same time well reflects Pat's words, teamwork at the highest level. Come and see for yourself and not just from posts and what others say!
Commercial real estate in Israel
A subsidiary of Geshem Lemshteken Ltd. entered into an agreement with Rani Zim Shopping Centers Ltd. for the sale of 50.01% of its rights in the commercial areas of the Ono Center project in Or Yehuda, in exchange for approximately NIS 65 million.
Commercial real estate overseas
Mivne Real Estate (KD) Ltd. is conducting negotiations for the sale of its entire holdings in a real estate property with an area of approximately 36 dunams in an industrial area near the town of Unterentfelden in Switzerland, on top of which yielding real estate buildings are built with an area of approximately 43,000 square meters.
Real estate in the headlines
Reality fund purchased 40 dunams of agricultural land in Herzliya for NIS 205 million (Calcalist).
Katzman sells Menorah 50% of four commercial centers for half a billion shekels (Themarker).