Fishman buys Kiev lot

Svitland is Fishman Holdings' second Eastern Europe real estate subsidiary, paralleling Mirland.

Fishman Holdings' second Eastern Europe real estate subsidiary Svitland Ltd. has bought a lot in Kiev for $24 million.

Svitland is held through Fishman subsidiary Jerusalem Economic Corp. (TASE:ECJM) (JEC), its subsidiary Industrial Buildings Corp. (TASE: IBLD) and sister company Darban Investments Ltd. (TASE: DRBN). Svitland operates in Ukraine, Moldova, and the Baltic states of Estonia, Latvia, and Lithuania, paralleling Fishman's Russian real estate company Mirland Development Corporation plc (AIM:MLD; TASE: MRLD.B1).

Eliezer Fishman is the controlling shareholder in “Globes”.

Published by Globes [online], Israel business news - www.globes-online.com - on January 20, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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