The property is on Yavne St. in Tel Aviv's financial district.
Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) subsidiary Harel Insurance Company Ltd. has bought a building at 32 Yavne Street, Tel Aviv from Mercantile Discount Bank for NIS 14.6 million. The building, in the city's financial district, is built on a 715-square meter lot.
Harel Insurance bought the property from its own resources, and will include it in the company's nostro portfolio.
Published by Globes [online], Israel business news - www.globes-online.com - on November 8, 2010
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