Fattal acquires iconic Jaffa Hotel for approximately NIS 400m
Categories: Corporate and M&A, Real Estate
Fattal Hotels, one of Israel’s most prominent hotel chains, has acquired the renowned The Jaffa Hotel in Tel Aviv, including its distinctive penthouse suite. The transaction, valued between USD78 million and USD104 million, involved complex negotiations across various legal domains, such as corporate law (including American corporations), real estate, taxation, competition, and privacy.
Arnon, Tadmor Levy advised on the sale, with the Real Estate team instrumental. Key advisors included David Shapiro, Amalia Meshi, Shahar Uzieli, Shahar Yona, Ofir Paz, Ofir Levy, Adi Krupsky, Vered Glaubach, Michal Ben-Ami Sijak, and interns Nadav Masasa and Shuki Sedle.
