B. Yair buys Tel Aviv lot for $290,000 per land per apartment

The lot, zoned for 56 apartments, is on Antokovsky St.

B.Yair Building Corporation 1988 Ltd. (TASE:BYAR) and a partner have won a Mivtachim tender for a residential lot in north Tel Aviv with a record price of $290,000 per land per apartment.

The two-dunam (half-acre), zoned for a 5,630-sq.m., eight-storey building with 56 apartments, is located on Antokovsky St., off Ibn Gvirol St., parallel to Arlozorov St. 20 companies bid in the tender.

Published by Globes [online], Israel business news - www.globes.co.il - on December 19, 2006

© Copyright of Globes Publisher Itonut (1983) Ltd. 2006

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