May 16, 2018

Gornitzky represents Rimonim in a lease transaction worth over NIS 50 million.

Gornitzky represented Rimonim hotels chain in a lease transaction worth over NIS 50 million, according to which Rimonim will manage and operate the Kedma Hotel, currently under construction near kibbutz Sde Boker in southern Israel. In the framework of the transaction, Rimonim will provide the owner, Neot Boker Ltd. (jointly held by private entrepreneurs and Kibbutz Sde Boker) with a NIS 10 million loan.

The hotel will be opened for the public towards the end of 2018, and will include approximately 140 rooms and suites.

Rimonim was represented by Managing Partner Kfir Yadgar, Partner Yiftah Farber and Associate Dafna Sidkiyahu.


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