Migdal Insurance signs another major real estate transaction, this time for the acquisition of 50% of the commercial – medical center “Viva Hadera” from “Psagot Nadlan” for approximately NIS 100 Million. The center, which comprises 8400 sqm to be used by over 30 tenants, among them Meuhedet Health Services, Rami Levy, Pharm Be and Landwer and is expected to open by the first quarter of 2020. Migdal was represented by Advocates Gili Riesel and Shahaf Stern from our real estate department. This transaction is the last in a series of large real estate deals for over 1 Billion NIS in Tel Aviv, Ramat Gan, Bnei Brak and Rishon Lezion, all accompanied by our firm. For further details please see:

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