Businessman Aharon Frenkel invests NIS680m in Alony Hetz
Categories: Real Estate
Prominent businessman Aaron Frenkel is set to invest NIS 680 million in one of the largest and most seasoned real estate companies in Israel
Nathan Hetz is the founder of the Alony Hetz company, one of the largest real estate companies in Israel, which controls Emot and the clean energy company Energix. The company also has holdings in the UK (with partner Menorah Insurance Company) and in the U.S. (with partner, Clal Insurance).
Lipa Meir & Co. advised on this major transaction, led by senior partner Zuri Lavi and partner Gregory Irgo.
In a separate real estate deal, Lipa Meir advised Bareket Capital as it financed a residential project for up to NIS340 million. Partner Yoni Steinmetz and associate Shir Teperberg advised on the financing for a residential project in Bat Yam’s Sea Park neighborhood.
