Shlomo Eliahu sells 17 Jerusalem of Gold apartments
Eliahu has sold the apartments and other assets around the luxury Jerusalem project for a total of NIS 140 million.
Israel businessman and Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL) controlling shareholder Shlomo Eliahu has sold his remaining holdings in the Jerusalem of Gold luxury apartment project in downtown Jerusalem for NIS 140 million, a source close to the deal has told Globes. Eliahu has sold 17 apartments, a house with a preservation order, a car park with 209 parking spaces, and a 4,000 square meter commercial area.
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The buyer is Hadas Capital, a real estate investment and development company, controlled by Hillel Zuravin and Asher Sebbag. As far as is known, these are Eliahu s last assets in Jerusalem, after he sold the Mount Zion Hotel on Derekh Hebron last year.
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