Israel Canada Buys Prime Tel Aviv Site for NIS 443m | Globes
According to ‘Globes,’ a new 45-floor tower will be built on the current parking lot between Dubnov Street and Leonardo Da Vinci Street in central Tel Aviv. The 2.4-dunam (0.6-acre) site, located at 4-6 Dubnov Street, was sold at an Israel Land Authority auction to subsidiaries of Israel Canada for NIS 443 million, including development […]
Clal Acquires 24.5% of Israel Canada’s ‘Vertical City’ Project in Ramat Gan
As recently reported, Clal Insurance is set to invest in the ‘Vertical City’ project, a collaboration between Israel, Canada, and the B.S.R Group. With a cash injection of NIS 160 million, Clal will secure 24.5% ownership in the venture. Furthermore, Clal will absorb a portion of the loan allocated for the land acquisition, totaling NIS […]
Israel Canada Hotels will launch a hotel in the Ein Kerem neighborhood in Jerusalem
As published on ‘Israel Hayom’, Israel Canada Hotels is poised for a significant expansion within the heart of Jerusalem. Recently, the hotel chain has finalized a management and lease agreement with the Levy family, proud owners of the esteemed “Shalom Jerusalem” hotel. The agreement, spanning two decades, marks a strategic move for Israel Canada Hotels. […]
YNET: Noa Kirel Purchases Penthouse in Israel Canada’s RAINBOW Project
As reported by YNET, Israeli popstar Noa Kirel secured a dazzling penthouse apartment in the prestigious RAINBOW Project in Sde Dov. Valued at 10.2 million shekels ($2.73 million), this five-room sanctuary offers an expansive 133 square meters of living space, accompanied by a mesmerizing sea view from the balcony. But that’s not all; this opulent […]
ICE: Israel Canada Presents a Record Year in Sales
As reported by ICE, Israel Canada, under the leadership of Barak Rosen and Asaf Touchmair, presented a record year in terms of sales volume and high stability, an important figure in light of the recent rising interest rates and uncertainty in the economy. At the conclusion of 2022, the company with a 50% jump in […]
Israel Canada’s ‘Midtown Jerusalem’ Plan has Been Approved | ynet
As published by Ynet, the Jerusalem District Planning and Construction Committee finally approved the “Midtown Jerusalem” plan in the center of the city, which includes four mixed-use towers of 40 floors, which will combine 1,000 housing units, a luxury hotel, commercial and employment areas, and areas for public needs. As part of the plan, located […]
A Buy Recommendation for Israel Canada Shares from ‘Leader Investments’ | NEWS1
In an annual forecast issued to its clients, ‘Leader’ published an analysis of buy recommendations for companies listed for trading on the stock exchange. As reported on NEWS1, one of the hot recommendations is Israel Canada, with a target price of 15 NIS per share (its current price on the stock exchange on the day […]
TheMarker: ICR From the Israel Canada Group will Build Three Towers in Hagiva Hazarfatit, Jerusalem
As published on TheMarker, according to a plan submitted this week, three apartment and commercial towers of 22-26 floors will be built in the Jerusalem Hagiva Hazarfatit (French Hill) neighborhood. The project covers 53 dunams and will be built at the northern entrance to the neighborhood, between Bar Kochba and Hagana streets. the district committee […]
Sponser: Israel Canada has Completed the Purchase of the Neve Aviv Club in Kfar Shmariahu
As reported by ‘Sponser’ website, the Israel Canada Group, headed by Barak Rosen and Asaf Touchmair, reported the completion of a deal to purchase the Neve Aviv club for assisted living in Kfar Shmariahu. The Neve Aviv company was fully owned by the seller, ‘Isras Investment Company Ltd’, and Israel Canada purchased the seller’s full […]
Israel Canada’s Revenue Jump by 136% | News1
As reported by News1, Israel Canada’s revenue from January to September 2022 was 1.27 billion shekels – a jump of 136.2% compared to the corresponding period last year when the revenue was 540 million shekels. Since the beginning of the year, the company has sold 372 apartments for a total amount of approximately NIS 1.8 […]