Real Estate

The land, zoned for construction of 266 apartments, was purchased by the Aviv and Leny Groups for NIS 160 million and 25% of the proceeds from the sale of the apartments.

A selection of recent real estate deals in Israel including in Jerusalem, Rishon Lezion, Holon, Netanya, Harish and Beersheva.

The banks will waive sanctions for breach of the financial covenant for the minimum net operating income (NOI) the mall is required to achieve.

The tower is now in the final construction stages, with occupancy scheduled to begin in early 2019.

Having lost control of Africa-Israel and now beleaguered by a police investigation into his diamond company, Leviev is heavily in debt.

The company founded six years ago to develop the valuable real estate in and around Israel's stations has achieved nothing.

A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv, Holon, Modi'in, Kfar Saba and Netanya.