Globes Online - March 23, 2008
Sources inform "Globes" that Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) is in negotiations to buy the 25,000-square meter Kodak Israel building in Kiryat Arie, Petah Tikva, for $80 million in a sell and lease-back deal.
The building was built for Kodak Israel Ltd. by SGS Construction Company Ltd., Electra Real Estate Ltd. (TASE:ELCRE), and Prashkovsky Investments and Construction Ltd. (TASE:PRSK). The building was opened ten months ago.
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