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| Articles about Israel Property |
| British-Israel buy IKEA Israel property | | 2007-08-12 23:09:00 | | Bronfman Fisher Investments Ltd. subsidiary Isralom Properties Ltd. (TASE:ILOM) and British-Israel Investments Ltd. (TASE: BRTS), controlled by Leo Noe, have jointly bought the IKEA Israel store in Netanya for NIS 175 million from Blue Square Furniture Ltd., a subsidiary of Bronfman Fisher Investments, and the IKEA franchisee in Israel. Isralom will own two-thirds of the building, and pay NIS 116.7 million; British-Israel will own one-third through Azo-REIT Commercial Centers Ltd., and pay NIS 58.3 million. The IKEA Israel store has 23,715 sq.m. of main and service space. Matthew Bronfman and Shalom Fisher control Bronfman Fisher.
... | | By: Israel real estate | | |
| | Israel's Property to buy stake in UK Hilton | | 2007-07-12 23:51:00 | | Israeli real estate company Property and Building Corp said on Thursday it had joined a group to buy the Hilton Cardiff hotel in Britain for a joint investment of 35.3 million pounds ($71.8 million). Property said in a statement to the Tel Aviv Stock Exchange it had a 20 percent stake in the acquisition, with Israel's Destiny owning 20 percent, and Britain's Tonstate Group owning the remaining 60 percent.
... | | By: Israel real estate | | |
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