The land is in the Karmei HaNadiv project and includes rights to build 480 housing units. It was sold to the company by Rothstein, and the expected profit from exercising the option is about NIS 119 million
Gindi exercised an option in the “Karmei HaNadiv” project to build 480 additional housing units. The land was sold for about NIS 168 million by the Rothstein-Tzifha partnership
The project in the Neve Eilon neighborhood will cost about NIS 1 billion and will also include extensive retail space. Gindi Holdings: “The neighborhood is located two minutes from Rishon LeZion, Tel Aviv and Ramat Gan”
Gindi Holdings won one of the 5 compounds published by the Israel Land Authority, a tender to build 156 housing units and retail space in a new neighborhood planned between Yehud Monosson and Savyon Ganei Yehuda. It will pay NIS 245 million for the land
Gindi Holdings won the compound as part of an Israel Land Authority tender. Electra Real Estate offered NIS 42 million more, but the tender terms did not allow it
