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3 protected Downtown Jerusalem buildings sold for NIS 87m

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  • 3 protected Downtown Jerusalem buildings sold for NIS 87m
By: magenet Posted on May 12, 2022

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  • Apartments sold and rented - Globes
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    • Shlomo Eliahu sells 17 Jerusalem of Gold flats
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A few properties slated for preservation in Downtown Jerusalem were being lately sold to Jerusalem developer Nahum Rosenberger and corporations beneath the handle of the Osher Advertisement homeowners, for NIS 87 million. The structures, bought from Hadas Capital, are in Mevo Hamatmid Street off Hillel Street around the Pazgas compound guiding King George Street, a single of Jerusalem’s most sought just after parts,

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Zionist Revisionist leader Ze’ev Jabotinsky once lived in just one of the 3 buildings, which full 1,200 square meters. Hadas Cash purchased the buildings two yrs in the past from Shlomo Eliahu, the managing shareholder in the Migdal Insurance enterprise.

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Jerusalem of Gold Photo: Bar El&#13

Shlomo Eliahu sells 17 Jerusalem of Gold flats

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The significant rate paid out for the a few structures displays not only the fact that they are positioned in a significant-need spot surrounded by prestigious large-increase residential initiatives like Jerusalem Towers and Jerusalem of Gold and Hadas Capital’s Spirit of Jerusalem, which is presently under building, but also due to the fact Rosenberger himself is building a 30-floor tower concerning 31-35 King George Road, the former places of work of Pazgas, which has been permitted by the Jerusalem District Organizing and Creating Fee. The new tower will have 250 flats for hire, workplaces and professional place.

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Rosenberger and his companions are attempting to increase the prepare to involve the total strip of bordering buildings on King George Road among Hillel and Shaham Road but this is a elaborate endeavor owing to the massive selection of assets house owners involved, whilst the authorities are eager for this kind of a approach to move in advance.

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Printed by Globes, Israel enterprise information – en.globes.co.il – on Could 11, 2022.

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

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