Migdal Insurance Company is entering as a partner with Azorim Living in a long-term rental project at Pat Junction, Jerusalem - Israel's leading law firm - Firon law firm
Back To All News & Innovations
26.03.2025

Migdal Insurance Company is entering as a partner with Azorim Living in a long-term rental project at Pat Junction, Jerusalem

  • Print

Migdal Insurance and Finance is entering into a partnership with Azorim Living, a subsidiary of the Azorim Group specializing in long-term rentals, in a long-term rental project at Pat Junction, Jerusalem.

As part of the agreement, Migdal will acquire 49% of the land rights for approximately NIS 143 million. The agreements include joint development, management, and leasing of the project, alongside obtaining extensive financing.

Migdal was represented in the transaction by Adv. Gili Riezel and Ronen Maor, partners in our firm’s Real Estate Department, Adv. David Yaacobi, partner in the M&A and International Transactions Department, and Lior Dreamer-Yogev and Bar Ben-Zaken, attorneys in the Real Estate Department.

For more information, see: Migdal Azorim transaction.

צילום מלמטה של בניינים גבוהים

Migdal Insurance and Finance is entering into a partnership with Azorim Living, a subsidiary of the Azorim Group specializing in long-term rentals, in a long-term rental project at Pat Junction, Jerusalem.

As part of the agreement, Migdal will acquire 49% of the land rights for approximately NIS 143 million. The agreements include joint development, management, and leasing of the project, alongside obtaining extensive financing.

Migdal was represented in the transaction by Adv. Gili Riezel and Ronen Maor, partners in our firm’s Real Estate Department, Adv. David Yaacobi, partner in the M&A and International Transactions Department, and Lior Dreamer-Yogev and Bar Ben-Zaken, attorneys in the Real Estate Department.

For more information, see: Migdal Azorim transaction.

icons

15.05.2025

The AI revolution requires a fundamental shift in the concept of privacy

READ MORE
icons

15.05.2025

Client update – Commercial dep

READ MORE
icons

06.05.2025

The annulment of the judgment prevented the liquidation of the airline from Georgia

READ MORE
icons

05.05.2025

The Kisu Group is selling 50% of its holdings in the restaurants to a group of senior investors

READ MORE
icons

30.03.2025

The Legal 500 ranking guide has recognized our firm as a leader in 22 practice areas, with 57 individual rankings

READ MORE
icons

29.04.2025

The Bar family, controlling shareholders of Tempo, acquired 30% of Bareli Group for over NIS 300 million

READ MORE
icons

11.04.2025

Client update – Competition and Antitrust

READ MORE
icons

07.04.2025

Shareholder Disputes: Why Advance Planning Is the Recipe for Success

READ MORE
icons

11.04.2025

Client update 1st Q – Litigation department

READ MORE
icons

11.04.2025

Client update 1st Q – Labor Law

READ MORE
icons

06.04.2025

The Price-Fixing Case: The Charges Against Diplomat Were Dropped

READ MORE
icons

08.04.2025

Does a preservation-designated building prevent urban renewal?

READ MORE