Migdal is entering as a partner with Azorim Living, in a long-term rental project at the Pat Junction, Jerusalem
Migdal Insurance and Financial Holdings is entering as a partner with Azorim Living, a subsidiary of the Azorim Group specializing in long-term rentals, in a long-term rental project at the Pat Junction in Jerusalem.
As part of the memorandums of understanding signed between the parties, Migdal will purchase 49% of the land rights for approximately NIS 137 million and will provide financing for Azorim Living’s share of the project. The total investment cost of the project, including the cost of the land, is estimated at over NIS 800 million.
Migdal was represented in the transaction by Attorney Gilli Riesel, a partner in our Real Estate Department, Attorney David Ya’acobi, a partner in the M&A and International Transactions Department, and Attorney Lior Drimmer Yogev from the Real Estate Department.
For more details please see: here
Migdal Insurance and Financial Holdings is entering as a partner with Azorim Living, a subsidiary of the Azorim Group specializing in long-term rentals, in a long-term rental project at the Pat Junction in Jerusalem.
As part of the memorandums of understanding signed between the parties, Migdal will purchase 49% of the land rights for approximately NIS 137 million and will provide financing for Azorim Living’s share of the project. The total investment cost of the project, including the cost of the land, is estimated at over NIS 800 million.
Migdal was represented in the transaction by Attorney Gilli Riesel, a partner in our Real Estate Department, Attorney David Ya’acobi, a partner in the M&A and International Transactions Department, and Attorney Lior Drimmer Yogev from the Real Estate Department.
For more details please see: here
09.06.2025
“Public, Participation and Land: Urban Planning for the Arab Population in Israel” – a new book by Dr. Kais Nasser
READ MORE
27.05.2025
A lawsuit against Meta in the Tel Aviv District Court, alleging that the company enables the promotion of pirated content services on Facebook and Instagram
READ MORE
06.05.2025
The annulment of the judgment prevented the liquidation of the airline from Georgia
READ MORE
05.05.2025
The Kisu Group is selling 50% of its holdings in the restaurants to a group of senior investors
READ MORE
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
29.04.2025
