The Israeli company started German real estate market penetration
Israeli company Gazit-Globe Ltd., engaged in real estate investments, has got the multipurpose center in Munich for €41,3 millions ($61,25 million). This transaction is only a part of planned by Gazit Globe expansion to Germany, writes Reuters.
The center, 22 thousand square meters, is located above railway station and nearby to two large highways. The main tenantry are a hotel of Holiday Inn network and two supermarkets.
Gazit Globe is interested not only in Germany. A week before this company has got shopping center in Sao Paulo (Brazil), and a month ago Israelis have declared about their intention to invest €100 millions in the building of commercial real estate in capital of Macedonia, Skopje.
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