A few properties slated for preservation in Downtown Jerusalem were a short while ago bought to Jerusalem developer Nahum Rosenberger and providers beneath the handle of the Osher Ad proprietors, for NIS 87 million. The buildings, bought from Hadas Money, are in Mevo Hamatmid Street off Hillel Street near the Pazgas compound driving King George Road, one of Jerusalem’s most sought right after areas,

Zionist Revisionist leader Ze’ev Jabotinsky when lived in a person of the 3 structures, which overall 1,200 square meters. Hadas Funds bought the structures two many years ago from Shlomo Eliahu, the managing shareholder in the Migdal Insurance coverage enterprise.




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The significant cost compensated for the 3 buildings displays not only the fact that they are located in a large-demand region surrounded by prestigious substantial-increase residential tasks like Jerusalem Towers and Jerusalem of Gold and Hadas Capital’s Spirit of Jerusalem, which is at the moment underneath development, but also because Rosenberger himself is acquiring a 30-ground tower concerning 31-35 King George Street, the previous offices of Pazgas, which has been permitted by the Jerusalem District Arranging and Developing Fee. The new tower will have 250 flats for rent, places of work and commercial room.

Rosenberger and his companions are hoping to develop the approach to consist of the total strip of bordering structures on King George Street concerning Hillel and Shaham Road but this is a elaborate endeavor thanks to the massive quantity of house house owners involved, even though the authorities are keen for such a program to move ahead.

Published by Globes, Israel business enterprise news – en.globes.co.il – on Might 11, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.


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