Home » Media Center » News » Gornitzky represented Fattal Hotels Ltd. in a transaction in a scope of over NIS 100 million, for the lease, management and operation of a listed building that is known as the “Kabbalah Center” for a period of approximately 25 years.

May 20, 2019

Gornitzky represented Fattal Hotels Ltd. in a transaction in a scope of over NIS 100 million, for the lease, management and operation of a listed building that is known as the "Kabbalah Center" for a period of approximately 25 years.

Gornitzky represented Fattal Hotels Ltd. in a transaction in a scope of over NIS 100 million, for the lease, management and operation of a listed building that is known as the “Kabbalah Center” for a period of approximately 25 years.

The Kabbalah Center is owned by the Kabbalah Research Institute, a non-profit organization, which is situated near to Dizengoff Square in Tel Aviv. In the course of the transaction, Fattal will act in order to receive a permit for nonconforming use, and it will renovate the structure, which, at the present time, is used as a Kabbalah Center, in order to operate it as a hotel and to provide services related to the hotel industry.

Fattal Hotels was represented by Managing Partner Kfir Yadgar, Partner Yiftah Farber and Adv. Dafna Sidkiyahu.
Antitrust law aspects: Partner Avner Finkelshtein.
Tax aspects: Adv. Yoad Cohavy
Real estate aspects: Adv. Asaf Alterman.

Gornitzky represented Fattal Hotels Ltd. in a transaction in a scope of over NIS 100 million, for the lease, management and operation of a listed building that is known as the "Kabbalah Center" for a period of approximately 25 years.

KEY CONTACTS

Kfir Yadgar

Yiftah Farber

Dafna Sidkiyahu

Avner Finkelshtein

Yoad Cohavy

Asaf Alterman

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