JEC sells Har Hotzvim high-tech building for NIS 40m

The company books the Jerusalem building, which its owns freehold, at a value of NIS 37.5 million

Fishman Holdings subsidiary Jerusalem Economy Ltd. (TASE:ECJM) (JEC) has sold a high-tech office and commercial building at Har Hotzvim in Jerusalem for NIS 40 million. The company booked the building, which it owns freehold, at a value NIS 37.5 million at the end of September. JEC did not disclose the name of the buyer.

Eliezer Fishman is the controlling shareholder in “Globes”.

Published by Globes [online], Israel business news - www.globes-online.com - on December 20, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

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