As counsel for Phoenix Insurance Company Ltd., our firm handled a complex, interesting transaction in which Phoenix sold all its rights and obligations (constituting 25%) in Ashdod’s Star Center commercial center to a company in the Ari Real Estate (Arena) Investments Ltd. The transaction value was NIS 315,000,000, plus VAT.
The transaction was handled by Partners Shlomo Cohen and Dana Suidman in collaboration with Intern Aviv Rosenfeld.
