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GT Real Estate acquires Rosh Pina Mall for NIS 48.5m

PRIVATESep 02, 20265 days ago

Acquiring Company

GT Real Estate

IsraelReal Estate

Description

GT Real Estate has signed an agreement to acquire full rights to the Rosh Pina Mall from Ashtrom Properties for approximately NIS 48.5 million. The mall includes 4,750 square meters of commercial space and is expected to increase its net operating income after upgrades. This acquisition marks GT Real Estate's expansion into northern Israel.

Company Information

Company

GT Real Estate

Location

Israel

About

GT Real Estate is a company focused on developing commercial properties. They are expanding their operations into northern Israel. The company has a portfolio of yield-generating properties.

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