Timora Fund buys 2 Lod industrial buildings
Timora Fund is paying REIT1 NIS 131.5 million for the two properties in Lod's northern industrial zone.
Source: globes.co.il
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Timora Fund is paying REIT1 NIS 131.5 million for the two properties in Lod's northern industrial zone.
The deal in Ra'anana's high-demand Kiryat Etgarim park is the first for the fund after its first raise of NIS 300 million.
Timora, which acquires, improves and manages investments in office, industrial, and logistical real estate in Israel, plans to increase its equity to NIS 500 million over the coming year.