Shapira family, partners offer $10 mln for Misgav Ladach

The Shapira family plans to construct 12,000 sq.m. of residences or income-producing properties at the site. Maccabi Healthcare Services and Kupat Holim Meuhedet received an extension to improve their bids.

Diza Investments & Management, owned by the family of the late Avraham Shapira, is offering to buy the 9.96-dunam (2.49-acre) Misgav Ladach Hospital compound in Jerusalem for $10 million. If the deal goes through, two retirement home management companies will have a 50% share of the deal. The other bidders, Maccabi Healthcare Services and Kupat Holim Meuhedet, received a 21-day extension to improve their bids.

Misgav Ladach is a 6,700-sq.m., three-storey building with a basement located at 27 Hizkiyahu Hamelech St. in the Katamon quarter. The Shapira family is mainly interested in building 12,000 sq.m. of residences or income producing properties, according to the detailed municipal building plan it will submit for approval. Doron Shorer, the Misgav Ladach receiver, ruled that the existing building could be operated as a hospital, medical institution, "or any other purpose, including a real estate property." Sources inform "Globes" that the Shapira family wishes to convert the existing structure into a geriatric hospital.

The Shapira family is the only bidder so far willing to pay the $10 million minimum price fixed by the receiver. Maccabi Healthcare Services offered $9.05 million, while Kupat Holim Meuhedet bid $9 million. At the same time, Shorer permitted the two health funds to upgrade their bids. The pricing was scheduled for October 31, but Maccabi petitioned the Supreme Court, which ordered that the other bidders be given 21 days to respond to the Shapira bid, which delayed the pricing.

A group headed by contractor Reuven Ela and developer Moshe Sela previously offered to buy the compound for $11 million. Ela and Sela promised to pay most of Misgav Ladach's estimated NIS 65 million ($15 million) debt and also committed themselves to reopen Misgav Ladach as a hospital. Their offer was rejected, due to Shorer's opposition.

Published by Israel's Business Arena on November 4, 2001

View comments in rows
Update by email about comments talkback
Your name
Please insert your name
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
יאיר לפיד / צילום:איל יצהר מסתמן: חוק מע"מ אפס לא יאושר במושב הנוכחי

הניסיונות להביא לכינוס ועדת הכספים הלילה עלו בתוהו ■ אם לא יחול שינוי של הרגע האחרון - חוק מעמ אפס לא יאושר במושב הנוכחי ■ שר הבינוי והשיכון אורי אריאל ניסה לשכנע את הח"כים החרדים למשוך את ההסתייגויות שהגישו

ד"ר קרנית פלוג / צילום: איל יצהר מדוע השוק אדיש להורדת הריבית לשפל של 5 שנים?

מומחים בשוק תמימי דעים: הצעד של בנק ישראל לא יספיק ואין הבדל גדול בין ריבית של 0.75% ל-0.5% ■ הדולר בשפל של 3 שנים וכלכלנים מנתחים את הודעת בנק ישראל וקובעים: "יש כאן רמז למהלך משמעותי בשוק המט"ח בקרוב"

עירן בלומברג ויואב צוראל / צילום: יחצ "71% מהמשתמשים שלנו גילו שהם פראיירים"

כך אומר יואב צוראל, מנכ"ל וממייסדי FeeX, המספקת שירות השוואתי חינמי לבדיקת דמי ניהול במוצרי חיסכון שונים ■ בריאיון משותף עם עירן בלומברג, מנהל פעילות החברה בישראל, השניים מסבירים למה גם למעסיקים כדאי לפנות אליהם ומספרים על הצעות שהם דוחים מגופים

Twitter Facebook Linkedin RSS Newsletters גלובס