19.02.2006 |
Yoram L. Cohen, Ashlagi, Eshel Represents Leader in a Euro 120 million Real Estate Transaction in Germany
Leader Holdings & Investments Ltd. (through a subsidiary) entered into an agreement with the Israeli real-estate tycoons Arie and Eyal Elkon to purchase retail centers in Germany
Leader Holdings & Investments Ltd. (through a subsidiary) entered into an agreement with the Israeli real-estate tycoons Arie and Eyal Elkon to purchase retail centers in Germany, with an overall value of Euro 120 million. CAF represented Leader in the transaction. This transaction comes on the heels of another large real estate acquisition transaction closed by Leader last month, a transaction for the acquisition of residential units in Germany with an overall value of Euro 150 million, in which the firm represented Leader as well. Credit Swiss International will finance approximately 90% of the acquisition. Leader’s part in the transaction is 67.5% and it will contribute approximately 6.6% of the capital required for the acquisition. Adv. Yoram L. Cohen, Adv. Dana Livneh-Zemer and Adv. Stanley Frisch, acted for Leader in this transaction.
