New deal in the real estate market: Yaron Adiv and Kidan Dahari to acquire control of G City
Significant changes are taking place in the Israeli real estate market. Yaron Adiv and Kidan Dahari, owners of the Tanaport-Ishpro group, have announced that they are joining a deal to acquire control of the well-known income-producing real estate company, G City.
This is a surprising move, as previous attempts by the two to take over the company occurred as early as four years ago. Now, after a long period, the parties have reached agreements that will allow for the transfer of control into their hands.
G City is one of the largest real estate companies in Israel, focusing primarily on the management and development of commercial centers. The entry of Adiv and Dahari into the company is expected to influence its business strategy in the coming years.
The deal reflects the businessmen's confidence in the local real estate market, despite existing economic challenges. The capital market is closely monitoring the move, as it is one of the most prominent deals in the income-producing real estate sector in recent times.
In the coming days, further details regarding the terms of the deal and the new owners' plans for the company are expected to be published. Investors and customers are waiting to see how the change in management will affect the ongoing operations of G City.