The buyer is a Canadian company with Israeli partners.
A Canadian company with Israeli partners is negotiating with B. Yair Construction Ltd. to buy the Hapisga Mall in the Pisgat Zeev neighborhood of Jerusalem for $40 million.
The three-storey 10,000-sq.m. mall has a 96% occupancy rate. Tenants pay $30-32 per sq.m. per month in three to five-year leases, with options to extend.
Published by Globes [online], Israel business news - www.globes.co.il - on April 10, 2005