Acro real estate and insurance company Phoenix buy a plot for the construction of an office tower and a residential compound Hassan Arfa in Tel Aviv . The two entities joined together and submitted a bid of 211.2 million in the tender. Proposal beat out bids of eight other entities that submitted bids for the lot. Average prices of all companies participated in the tender stands at 182.7 million. It should be noted that the proposal of Acro real estate and Phoenix was not the highest bid, and that another company submitted a bid is higher than a million shekels, but "Globes" that was rejected.
Companies that have won court covers an area of 2,626 square meters. It is located at the intersection of Menachem Begin, Yitzhak Sadeh, Carlebach and Lincoln. The court may be established in accordance with valid TPS 23 thousand square meters, and there is potential according to TA / 5000 construction of 28 thousand square meters, including housing and employment. 25% of the tower will be zoned for residential and other ministries.
A statement issued recipients stated that "Acro Real Estate has extensive operations in the new Yitzhak Sadeh compound. The company is now building the tower, Alpha will include residential and business hotel and office tower, tower Acro Real Estate. In addition, it was recently awarded, in collaboration with Phoenix and tributaries, huge tender for the purchase of three adjacent plots in the complex. The plots, spread over an area of approximately -10 400 sqm, located at the intersection of locksmith and -1185 (new street connecting the frame and Menachem Begin, and is a direct continuation Mazeh Street) ".
Hassan Arfa complex planned to be built 14 towers Altogether.
Mrm"i said: "Israel Lands Authority announced the winning Acro Real Estate tender to build the Tower of employment and 45 apartments Hassan Arafa compound in Tel Aviv. The winning bid was about 211 million. Bid higher than the company Royal luxury buildings disqualified In light of the issuer of the guarantee that the guarantee was submitted in the tender has not issued by him. "