Harel won the auction for the 5,700-square meter five-floor building held by the TASE Offices Ltd. It will finance the purchase from its own sources.
Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) has bought the Tel Aviv Stock Exchange (TASE) building at 54 Ahad Ha'am Street for NIS 58.3 million. The TASE has occupied the building since 1983, and will being moving to new premises at 2 Ahuzat Bayit Street in the Neve Tzedek neighborhood in the first quarter of 2014. The move will be completed by the end of the year.
Harel won the auction for the 5,700-square meter five-floor building held by the TASE Offices Ltd. It will finance the purchase from its own sources.
Published by Globes [online], Israel business news - www.globes-online.com - on November 14, 2013
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