Transfer of The Phoenix’s financial commitment for two initial projects totaling approximately ILS 120.5 million
Yoseftal Kiryat Yam project – approval by the Committee for Preferred Residential Complexes (vatmal) to deposit plan for public review
Approval by the subcommittee of the local planning and building committee for the redevelopment plan in connection with the Szold Hod Hasharon project, and a recommendation for deposit for public review
Approval by the local committee to deposit the company’s redevelopment plan for Ben-Tsvi / Shmorek Netanya project for public review
Agreement with The Phoenix to invest ILS 350 million in the company’s building projects and rights to a further investment of up to ILS 250 million