Home Business 3 protective buildings in the center of Jerusalem have sold for 87...

3 protective buildings in the center of Jerusalem have sold for 87 million masterpieces


The three buildings, which are planned to be preserved in the center of Jerusalem, were recently sold to Jerusalem developer Nahum Rosenberger and companies controlled by Osher Ad owners for 87 million masterpieces. The buildings purchased at Hadas Capital are located on Meva Hamatmid Street near Hillel Street near the Pazgas complex behind King George Street, one of Jerusalem’s most sought-after areas.

Zionist revisionist leader Zeev Zhabatinsky once lived in one of three buildings with a total area of ​​1,200 square meters. Hadas Capital bought the building two years ago in Shlomo Eliahu, a controlling shareholder of Migdal Insurance.

The high price paid for these three buildings reflects not only the fact that they are located in a high demand area surrounded by prestigious multi-storey residential projects such as Jerusalem Towers and Jerusalem of Gold and Hadas Capital’s Spirit of Jerusalem currently under construction . , but also because Rosenberger himself is designing a 30-story tower between 31-35 King George Street, the former office of the Pagas, which was approved by the Jerusalem Planning and Construction Commission. The new tower will have 250 apartments for rent, office and commercial space.

Rosenberger and his partners are trying to expand the plan to include the entire strip of surrounding buildings on King George Street between Hillel and Shah Streets, but this is a difficult task due to the large number of property owners, although the authorities are committed to it. plan to move forward.

Posted by Globes, Israeli Business News – en.globes.co.il – May 11, 2022.

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

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