News

| Shlomo Cohen
February 8th, 2018

Gornitzky represents Ofer Sachaf Ltd. of the Ofer Investments Group Ltd in a challenging and complex transaction for the sale of the entirety of its rights for a total of NIS 111 million.

Gornitzky represented Ofer Sachaf Ltd. of the Ofer Investments Group Ltd., in a challenging and complex transaction for the sale of the entirety of its rights to a property located in Holon's industrial zone to the REIT Fund, Sela Capital Real Estate, for a total of NIS 111 million plus VAT.
The site at hand consists of three buildings known as "Beit Merkazim 2000", which are rented out to various entities including H. Mer Group, for both office and hi-tech use.
The final agreement was signed on February 6, 2018.


The company was represented by Shlomo Cohen (Partner) and Dana Suidman (Associate).

March 31st, 2016

Yet another successful year and recognition of our outstanding abilities! This year, as in previous years, Chambers and Partners, top ranked our firm in various categories. 

Yet another successful year and recognition of our outstanding abilities! This year, as in previous years, the esteemed international ranking guide, Chambers and Partners, top ranked our firm in various categories. Among those prominently ranked were the Head of the Firm, Adv. Pinhas Rubin, who was ranked Eminent Practitioner in the field of Banking and Mergers and Acquisitions, as well as Band 1 in the field of Tax and Litigation; Adv. Jack Smith (Partner) was ranked Band 1 in the field of Energy and Adv. Chaim Friedland (Partner) was ranked Band 1 in the field of Capital Markets. Additional partners, defined as leaders in their field are Eyal Marom and Shlomo Cohen in Real Estate, Ofer Tzur in Litigation, Itay Geffen in Capital Markets and Infrastructure and Project Finance, Elite Elkon, Eli Elya and Dubi Gross in Banking and Finance, Daniel Paserman and Gil Grady in Tax and Avner Finkelshtein in Antitrust

February 3rd, 2014

Gornitzky & Co. represented Fattal Hotels Ltd. in an agreement with Amot Investments Ltd. (TASE: AMOT) to lease Building C in the Amot Insurance Project in Tel Aviv, for the opening of a new business hotel.

Gornitzky & Co. represented Fattal Hotels Ltd. in an agreement with Amot Investments Ltd. (TASE: AMOT) to lease a 9,200 square meter building in Tel Aviv, for the opening of a new business hotel.


Fattal will convert the building into a 190-room business hotel under the Leonardo brand at investment of NIS 50 million. The lease is for a total of 24 years and 11 months – after the conversion of the building over a period of one year, the 20-year lease will come into effect, with an option to extend the lease by four years.


Fattal Hotels Ltd. was represented by Shlomo Cohen (Partner) and Maya Hoftman.

April 18th, 2011

Four of the Firm’s lawyers, Yaron Alhawi, Shlomo Cohen, Daniel Paserman and Inbal Zackai-Horev, were named among Israel's most promising lawyers by Maariv, which also named Gornitzky's Chairman, Mr. Pinhas Rubin, as one of Israel's senior lawyers today

Four of the Gornitzky & Co.’s lawyers were named among Israel's most promising young lawyers by Israeli newspaper Maariv, in an article attempting to foresee Israel's future top lawyers in different practice areas.

Mr. Yaron Elhawi (Partner) and Mr. Shlomo Cohen (Partner) were named as leading real estate lawyers - the article stated that Mr. Cohen is ”only 36 years old and already considered to be one of Israel's leading lawyers in the field of real estate. He coordinates the representation of the Ofer Brothers Group in their real estate business.

Mr. Daniel Paserman (Partner) was described as one of Israel's top three young M&A lawyers. Mr. Paserman divides his time between international M&A's, creative and unique tax planning and leading the Firm's private equity practice. The article stated that Mr. Paserman consults clients such as the Tshuva Group, the Habas Group, the Steinmetz Group, the Phoenix Group and Comverse Ltd.

Ms. Inbal Zackai-Horev was described as a promising capital markets lawyer who is expected to reach new heights in the foreseen future.

Among Israel's current senior lawyers, the article named Gornitzky & Co.'s Chairman, Mr. Pinhas Rubin.

February 5th, 2017

Gornitzky firm represents Melisron Ltd. in a joint transaction with AFI Group of Sarona compound in a purchasing deal worth hundreds of millions, after winning Israel's Land Authority's auction

Gornitzky firm represents Melisron Ltd. in a joint transaction with AFI Group of Sarona compound in a purchasing deal worth hundreds of millions, after winning Israel's Land Authority's auction

The acquired land plot which is located south of the military offices in Tel Aviv is suitable for commerce and/or offices.The land plot is about 13,000 square meters, which is the largest plot in the Sarona compound in Tel Aviv, located on the corner of "Ha'arbaa" and "Leonardo de vinci" streets.

As part of the joint transaction, the counter parties have arranged all of the construction details, development, building methods,management, operation, marketing and leasing of the project that will be built by both companies.

 

Melisron was represented by Shlomo Cohen (Partner) and Maya Hoftman

March 30th, 2016

Dan Public Transportation Ltd. sold 50% of its land rights in Bnei Brak to Ashtrom Properties Ltd.. The two plan to construct, among others, three office buildings, as well as a commercial complex

Dan Public Transportation Ltd. And Ashtrom Propertie Ltd. completed a transaction to sell 50% of the rights in the Dan Garage in Bnei Brak to Ashtrom for 100 million NIS.

 

According to the agreement, Dan and Ashtrom will establish a partnership, in which they will realize the land rights in order to build an office and commercial complex in the extent of 1000 sqm., including two buildings.

 

The said land is about 3.3 acres in the city of Bnei Brak. Today, it serves as a garage and bus parking lot for Dan. The partnership intends to construct three office buildings, about 35 floors each, as well as a commercial complex. In the first stage, a 40,000 sqm. tower will be built, followed by an additional similar tower, which will include, among others, commercial areas, offices and upper and underground parking lots. Simultaneously, the partnership will act to receive additional rights which will enable the construction of the third tower.

 

See full story (Hebrew)

 

Dan Group was represented by Adv. Shlomo Cohen (Partner) and Adv. Lior Relevy (Partner) and Lior Grinblat

February 15th, 2013

Gornitzky & Co. represented Melisron Ltd., controlled by the Ofer Brothers Group, in the sale of two if its shopping malls for NIS 1.02 billion to a consortium of insurance companies.

Gornitzky & Co. represented Melisron Ltd. (TASE: MLSR), controlled by the Ofer Brothers Group, in the sale of two if its shopping malls - the Renanim Mall in Ra'anana and the Savionim Mall in Yehud - for NIS 1.02 billion to a consortium of insurance companies.

 

Melisron is selling the malls under its terms of agreement with the Israel Antitrust Authority following the acquisition of British Israel. This is one of the largest shopping mall transactions conducted in Israel's income producing property market in recent years.

 

Melisron Ltd. was represented by Shlomo Cohen (Partner) and Itai Itzkovich.