Habas buys Bezeq property in Tel Aviv for $13.1m

Habas believes that the property has redevelopment potential that it plans to exploit.
Globes' correspondent 16 Dec 07 13:24
Habas HZ Investments Ltd. (TASE: HABS) has bought a property owned by Bezeq The Israeli Telecommunication Co. Ltd. (TASE: BEZQ) in Tel Aviv for $13.1 million plus VAT. The property, comprising three lots, is located at the corner of Yehuda Halevy St., Koresh St., and Lincoln St.

The lots are occupied by a 7,086-square meter public building and two residential buildings. Habas believes that the lots have redevelopment potential that it plans to exploit.

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source: globes.co.il