May 20, 2019
Home » Media Center » News » Gornitzky represented Fattal Hotels Ltd. in a transaction in a scope of over NIS 100 million, for the lease, management and operation of a listed building that is known as the “Kabbalah Center” for a period of approximately 25 years.
Gornitzky represented Fattal Hotels Ltd. in a transaction in a scope of over NIS 100 million, for the lease, management and operation of a listed building that is known as the “Kabbalah Center” for a period of approximately 25 years.
The Kabbalah Center is owned by the Kabbalah Research Institute, a non-profit organization, which is situated near to Dizengoff Square in Tel Aviv. In the course of the transaction, Fattal will act in order to receive a permit for nonconforming use, and it will renovate the structure, which, at the present time, is used as a Kabbalah Center, in order to operate it as a hotel and to provide services related to the hotel industry.
Fattal Hotels was represented by Managing Partner Kfir Yadgar, Partner Yiftah Farber and Adv. Dafna Sidkiyahu.
Antitrust law aspects: Partner Avner Finkelshtein.
Tax aspects: Adv. Yoad Cohavy
Real estate aspects: Adv. Asaf Alterman.