ERM has advised Nir Weizman on the acquisition of the 12th and 15th floors of the Lighthouse building in Tel Aviv, in the amount of NIS 40,000,000, heading to purchase the entire building. These two floors will be converted from office space to hotel rooms and will be part of the Lighthouse hotel, opened by Brown Hotels recently in the building.
ERM advises Nir Weizman on the acquisition of additional floors of the Lighthouse building
ERM Advised Israir Airlines on its Acquisition of 25% of the Shares of Brown Hotels Greece
ERM advised TASE-listed Israir Airlines and Tourism, on its acquisition of 25% of the shares of BROWN HOTELS GREECE. This is the first major entrance by an Israeli airline operator into the international hotels and hospitality sector. Nimrod Rosenblum and Gilad Maoz, co-founders and heads of ERM’s Corporate & M&A and Real Estate practices respectively, acted for Israir Airlines, […]
ERM Advised Eshkol Investments & Financing Ltd on Their 310,000,000 NIS Funding of the Sea Tower Bat Yam Purchasing Group
ERM advised Eshkol Investments and Financing Ltd on their 310,000,000 NIS funding of the Sea Tower Bat Yam purchasing group. As well as refinancing a bridge loan, the funds will be used to fund the construction of the project expected to be completed in the next 3 years. The transaction also saw Eshkol’s first significant collaboration with […]