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2025-04-16 14:11:30
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Calcalist - by layer3.news on Nostr: calcalist.co.il ✍️ Aspen Group, a real estate company, acquires a 51% stake in ...



✍️ Aspen Group, a real estate company, acquires a 51% stake in Landmark Development, a company with a portfolio of 14 projects, for $136 million. The deal includes a $68 million payment and an option to purchase the remaining 49% stake.
👉 Aspen Group acquires a 51% stake in Landmark Development for $136 million
👉 The deal includes a $68 million payment and an option to purchase the remaining 49% stake
👉 Landmark Development has a portfolio of 14 projects, including apartments, commercial and office spaces
👉 The company has two projects currently under construction, 12 projects in the planning stage, and two projects with an option to sell

#YossiBen-Zaken #ShimonCohen #GizahRodshu #RanenHalili #CharlesAbenaim #ShlomoAkriash #RonnyTsarom #Israel #Holland #realestate


Aspen Real Estate is acquiring 51% of Yossi Ben-Zaken's startup company and will receive an option to increase its stake; the acquisition comes amid a dispute between the former controlling shareholders and plans for the company's IPO on the stock exchange.
https://www.calcalist.co.il/market/article/b1qxxv6ckg

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