Paz Company sells three strategic properties for NIS 127 million
Categories: Projects & Energy
Energy and Retail Group, Paz Company has finalized the sale of three key strategic properties to Egged Real Estate and Nadav B. Logistics for a total of NIS 127 million plus VAT.
This triangular deal marks a significant step in Paz’s strategy to unlock value from assets not essential to its core operations, redirecting focus toward growth.
The properties will be developed by the buyers for logistics and commercial purposes.
Leading this complex transaction was a team from S. Horowitz, led by Avigail Kastiel, the head of the firm’s Real Estate Department, along with Liat Yahalom and intern Amy Rosen.
