Israeli Supermarket Chain Yohananoff to Develop Retail Hub in Petah Tikva
Categories: Capital Markets
Israeli supermarket chain Yohananoff has partnered with JTLV Investment Fund to develop a USD 65 million (NIS 240 million) commercial complex in Petah Tikva’s Em HaMoshavot neighborhood.
The project will include a 3,600 sqm flagship Yohananoff branch, along with retail outlets, restaurants, a cinema, and entertainment venues. Future phases may add an office and residential tower under expanded building rights.
This move reinforces Yohananoff’s strategic push into integrated retail real estate, combining core supermarket operations with broader consumer offerings in high-footfall urban areas.
Erdinast, Ben Nathan, Toledano & Co. advised Yohananoff on the transaction, led by Adva Ben-Or and Sharon Deri Karpel of the Real Estate Department.
