Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News :

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
The feature you requested does not exist. However, we suggest the following feature:

Azrieli : buys another major lot in central Tel Aviv

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/23/2018 | 09:35pm CEST

April 23--Azrieli Group Ltd. (TASE: AZRG) is tightening its stranglehold on the office market in central Tel Aviv along Menachem Begin Road. The company notified the Tel Aviv Stock Exchange this morning that it has acquired the building at 148 Menachem Begin Road from Mivnei Gazit for NIS 260 million.

The lot is adjacent to the 80-floor Azrieli Town building for apartments and offices, which Azrieli is building on the site of the former Kupat Holim health fund building north of the Azrieli Center. The new building has four floors and 5,500 square meters of space as well as a basement. The building already has rights to add another 21,000 square meters of office space and expand the basement, which were approved last month by the Tel Aviv District Planning and Building Committee.

The area around Hashalom railway station in the heart of Tel Aviv has become something of an "Azrieli neighborhood." There is the iconic Azrieli Center with its round, square and triangular high-rise office towers above the shopping mall. Recently opened, slightly to the south, is the Azrieli Sarona tower, the country's tallest building, 3.5 meters higher than the previous highest building, the Moshe Aviv Tower in Ramat Gan. Immediately to the north of the Azrieli Center, a fourth 90-floor tower is under construction on the site of the former Yediot Ahronot offices, which will become the country's tallest building when completed. And to the north of that is the Azrieli Town project and now the new land just purchased by the company.

___

(c)2018 the Globes (Tel Aviv, Israel)

Visit the Globes (Tel Aviv, Israel) at www.globes.co.il/serveen/globes/nodeview.asp?fid=942

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
09:34pDOVER MOTORSPORTS, INC. : Announces First Quarter Earnings Release Date
BU
09:34pLevi & Korsinsky, LLP Reminds Investors of an Investigation Regarding Whether the Sale of AveXis, Inc. to Novartis for $218 Per Share is Fair to Shareholders – AVXS
BU
09:34pCOLLPLANT : opens Rehovot rhCollagen production plant
AQ
09:33pATLAS FINANCIAL HOLDINGS INC : Levi & Korsinsky, LLP Reminds Shareholders of Atlas Financial Holdings, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 4, 2018 – AFH
AC
09:32pSOUTHWEST AIRLINES : cancels another 26 Dallas flights, tracker says. How long will this go on?
AQ
09:32pLENNAR : Introduces Highly-Anticipated, Ultramodern Townhome Collection at Model Grand Opening Event for Andalucía Community in Lake Worth
AQ
09:32pMIMEDX GROUP INC : 2-Day Deadline Alert: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against MiMedx Group Inc. and Reminds Investors With Losses to Contact The Firm
AC
09:32pCAE : Inaugural JetBlue ‘Gateway Select’ Pilot Trainees One Step Closer to Becoming Commercial Pilots
BU
09:32pNEWMARK : NKF Capital Markets Orchestrates $18.5 Million Transaction of Southern Tier Crossing
PU
09:32pU S DEPARTMENT OF TREASURY : Treasury Extends Wind-Down Period for United Company RUSAL PLC
PU
Latest news
Advertisement