kika's first store in Netanya will open in early September.
Austrian furniture and housewares chain kika will invest NIS 100 million to build its second store in Haifa. Construction will begin in three months at Hutzot Hamifratz owned by Melisron Ltd. (TASE: MLSR) and Ashtrom Properties Ltd. (TASE:ASPR).
kika will open its first store at Kiryat Sapir in Netanya in early September, on land also owned by Ashtrom Properties.
The 17,000-square meter Haifa store is due to open in the fourth quarter of 2013.
Published by Globes [online], Israel business news - www.globes-online.com - on August 15, 2011
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