A day after "Globes" revealed the sale of Minister of Defense Ehud Barak's apartment in Tel Aviv's prestigious Tzameret Towers development (also known as Akirov Towers) for NIS 26 million, Barak has seen fit to explain on his Facebook page that the sale was ""called for" because of the "sense of alienation" that the apartment caused among the public.
"My wife Nili and I decided that the sale of the apartment was called for, recognizing that this home caused a sense of alienation and remoteness among large sections of the public," Barak writes on Facebook. "We decided to move to another, smaller and less costly, apartment." Barak, as is already known, bought an apartment in the Assuta Bauhaus Village project in Tel Aviv for about NIS 8 million.
Today, "Globes" has learned that businessman Teddy Sagi, who controls online gaming company Playtech Cyprus Ltd. (AIM:PTEC), is the buyer of the Baraks' apartment. Sagi thereby completes a takeover of the entire 31st floor of the building, half of which he already owns.
In late 2010, Sagi bought the famous house belonging to Vivien and Zaki Rakib in the ultra-prestigious Galei Techelet Street in Herzliya Pituah, at the time the most expensive house in Israel. Sagi will pay 135-145 million for the estate. Last year, through a company he controls, Sagi also bought the four topmost floors in one of the two office towers in the Ha'arba'a project in the south of the military compound in Tel Aviv, for NIS 80 million, from brothers Yitzhak and Ido Hajaj.
Published by Globes [online], Israel business news - www.globes-online.com - on March 19, 2012
© Copyright of Globes Publisher Itonut (1983) Ltd. 2012