... and looks forward to another 10 years of fulfilling his dreams
The bull market lasted five years, and did beautifully by the controlling shareholders of Israel's big companies.
Tel Aviv's Real Estate-15, has dropped 58% in 12 months, while the TA-100 slid 22%.
Investors continue to send shares tumbling; raising capital has become a nonstarter; and new initiatives are scarce.
The first project is a 60,000-square meter office complex in a technology park, and the second is a hotel, mall and office tower that will cover about 200,000 square meters.
The Leviev message: If you believe in something, go for it big-time
IDB Development, one of the biggest holding companies in the land, yesterday warned investors of second-quarter losses for the first time in five years.
David Azrieli's business group has pulled out of negotiations to buy the Ramat Aviv Mall in Tel Aviv from Africa Israel.