Weksler Bregman represents Africa Israel Group in financing the first long-term lease residential project in Israel (appx. NIS 280,000,000)

22.01.2015

Adv. Igal Kolof and Adv. Yossi Bregmanrepresented Africa Israel Properties Ltd and Africa Israel Residnces Ltd in a complex finance transaction for the financing of a first of its kind residential project, in which appx. 280 apartments shall be built in Herzlia and leased to tenants under long-term lease agreements. The finance is to be obtained from a group of instituional bodies in a total sum of appx. NIS 280,000,000.