Ashtrom Properties and Kardan Real Estate won a sale process to buy about 18.8% of the rights in a Yad Harutzim plot in Tel Aviv for about NIS 46.1 million plus VAT, as reported by Nadlancenter. Receiver Adv. Ran Bar’az asked the Tel Aviv-Jaffa Magistrate’s Court, before Judge Adi Nir Binyamini, to approve the sale in a co-ownership dissolution proceeding. The bid values the plot at NIS 245 million, above its appraisal. S. Horowitz real estate partners Adv. Avigail Castiel, Adv. Moshe Zilberberg and Adv. Liat Yahalom represented the owners.
