Landowners agreement paves way for Israel s tallest building
Three high-rise buildings of 120, 88 and 77-floors will be built in the Ramat Gan Diamond Exchange district.
After a dispute extending over 30 years, a mediation settlement has been achieved between the management of the Ramat Gan Diamond Exchange, Isras Investment Co. (TASE: ISRS), and the Ramat Gan Municipality, who jointly own a 6.25 acre site in the Ramat Gan Diamond Exchange district. The settlement paves the way for construction of the ambitious IDE Towers project, which includes a 120-floor high-rise, which will be the tallest building in Israel, as well as two other high-rise buildings with 77 and 88-floors.