DEIRI AND ADIV ARE MERGING THEIR REAL ESTATE COMPANIES TO FINALLY GET OUT OF DEBT TO ARBEL
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✍️ Deheri and Adib are merging their two real estate companies, Yeshafrut and Tanuporut, to reduce their debt to Arbel, a major creditor. The merger will create a new company with a total value of over 1 billion shekels.
👉 Deheri and Adib are merging their two real estate companies, Yeshafrut and Tanuporut. 👉 The merger is expected to reduce the debt of Deheri and Adib to Arbel, a major creditor. 👉 The new company will have a total value of over 1 billion shekels. 👉 The company will own 26 assets, including commercial centers and residential buildings. 👉 The assets are expected to generate NOI of 143 million shekels and have a total value of 2.7 billion shekels.
-- #Deheri #Adib #AmirHassel #GabiLev #EliyahuFishman #EdwardoAlstein #Israel #Modi'in #business
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