Segi Eitan, CEO of Property & Building, is upbeat about the prospects of the Plaza. The company she runs hasn't felt the downturn in Europe. At least yet
At the end of August, Ameris is to repay NIS 28.5 million to Gmul. If it doesn't, Gaydamak has pledged to make the payment out of pocket.
Funds will be for Triumph Park, MirLand's largest project, which will be built outside St. Petersburg at a total investment of $1.8 billion.
A key problem was the heavy loan burdens of Koor Industries and Clal Finance, which cost them not-small fortunes in interest payments as interest rates climbed.
Africa Israel was hit with a double whammy yesterday.
Engel will invest $400 million in building the centers, and anticipates revenues totaling $850 million.