Tidhar Group and Harel Insurance buy Kastra shopping center in Haifa for NIS 400 million
Categories: Corporate and M&A, Real Estate
Tidhar Group and the Harel Insurance and Finance Group have acquired the Kastra Commercial Center in Haifa for NIS 400 million.
Tidhar is an international real estate group that initiates, builds and marketsresidential, commercial and industrial projects in Israel and abroad, while Harel is one of Israel’s largest and most prominent financial groups.
FBC advised the buyers in the joint venture, which also bought adjacent land on which two long-term rental residential buildings can be built.
The team was led by Real Estate partner Efraim Levy, together with associates Natali Askira, Noy Draham, and Matan Shachar, and intern Dali Shergei.
