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Jun 30, 2015

HFN Represented Foreign Clients in a Combination Agreement with Rasco Residence Ltd. Regarding the Re-Zoning and Construction on Their Land in Herzliya

Herzog Fox & Neeman represented foreign clients who own approximately 10 dunams of land in Herzliya, in a combination agreement with respect to the re-zoning of the land for residential proposes as well as the construction of a residential project of more than 120 housing units by Rasco residence Ltd. on said land.

The entire project value is estimated at over NIS 250 million.

The transaction was led by Moshe Hardi, Partner in the Real Estate and Construction Department.