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controlled by brothers Yitzhak and Eido Hagag, has exercised its option, signed in February, to acquire the Recital Hall lot, near the Azrieli Towers in Tel Aviv, at a value of NIS 91 million. The company will build a 21-storey office building, and
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Bemuna Ltd. , owned by Israel Zeira, which develops neighborhoods for this community around the country, plans to submit an offer to purchase Digal's flagship residential project, Nof Zion , in eastern Jerusalem. Nof Zion, a luxury project, located
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Pressure is growing on AIG to close the stalled $2.2 billion sale of its Taiwan Nan Shan Life insurance unit after the collapse of its planned $35.5 billion sale of its Asian life assets to Britain's Prudential. However, Taiwan regulators have yet to
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Asim Asim Investments' share price rose 102%, giving a market cap of NIS 25 million. Netz Bonds (2009) Ltd. for NIS 4 million, plus a capital injection of NIS 20 million into the stock market shell, giving it a 90% stake in the company...Article
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35 The Light on the Park project in Ramat Gan is getting off the ground, despite the storm surrounding it. Or City Real Estate Ltd., owned by buyers group organizer Inbal Or, has exercised an option to buy a two-dunam (half-acre) lot for NIS 65
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The Bank of Israel has ordered banks to tighten credit to buyers groups because of the inherent risk in their business. Supervisor of Banks Rony Hizkiyahu has ruled that bank credit to buyers groups will not be considered as housing credit to a
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A buyers group organized by Zvika Raz CPA and Adv...The option grants the right to build three buildings in the project...The total option is to build 74 apartments and costs NIS 82 million...Article continues after advertisements The buyers group
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