Delek Real Estate is expanding its operations in Israel through the investment of US$37.5 in real estate company Vitanyah through a convertible debenture. The debenture will be convertible into a maximum of 50% Vitanyah shares during the next 10 years.
The investment is part of Delek Real Estate's strategy to expand its portfolio of income producing properties in Israel.
Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>