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 Ruby Capital in relation to NIS 1.2 billion financing transaction
The firm represented Ruby Capital in partnership with Meitav Dash Investment House and Ayalon Insurance Company in one of Israel’s largest ever non-bank real estate project financing transactions, with approximately NIS 1.2 billion of financing for the historic “Florentine Square” project in south Tel Aviv. Ruby Capital and Meitav will provide the financing for the […]
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, […]