Minrav Holdings Ltd. and a company controlled by the Nakash brothers and real estate agent Raz Oded signed an agreement to acquire 75% stake in a plot on Hayarkon Street from Gabi Elbaz,for ILS 97 million.

Minrav Group Ltd. is an Israel-based real estate company. The Company is involved in initiating, engineering and building real estate, infrastructure and industrial projects. Minrav Holdings Ltd. operates directly and through its subsidiaries in build-operate-transfer (BOT) and public finance initiative (POI). The Company has been responsible for large-scale projects such as the Terminal at Ben-Gurion International Airport (Ben Gurion 2000), Yad Vashem Holocaust Museum, Students Dormitories at the Hebrew University of Jerusalem, private prison in Beer Sheva, water treatment plants and the Cultural Hall in Rishon LeZion. In addition, the Company has been involved in other residential, commercial and industrial projects. In addition, Minrav Group Ltd. holds a steel factory, plastic and polyvinyl chloride factory.