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Aug 25, 2016

HFN Represented Middle East Tube Company Ltd. in the Sale of Land Worth NIS 386 Million

HFN represented the Middle East Tube Company Ltd. in the sale of a 180 dunam plot of land in the industrial zone of Nir Zvi (Zerifin) to Union Development Ltd., controlled by Mr. George Horesh (importer of Toyota and Lexus). The sale is valued at approximately NIS 386 million. 

The sale of land by Middle East Tube Company Ltd. is part of a strategic move by the company to relocate the factory to national priority land in the south of Israel.

The deal was led by Moshe Hardi, Partner and Head of Real Estate and Planning and Construction and Associate Aviv Parienty.  

To read more about the transcation (in Hebrew), click here.

 

 

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