Delek Global Real Estate, the property arm of Israeli conglomerate Delek Group, said it has bought two office complexes in Germany for EUR 18.53 mln through a foreign subsidiary it owns jointly with Delek Global Real Estate.
Delek Global Real Estate, the property arm of Israeli conglomerate Delek Group, said it has bought two office complexes in Germany for EUR 18.53 mln through a foreign subsidiary it owns jointly with Delek Global Real Estate.
Delek said in a statement to the Tel Aviv Stock Exchange that its subsdiary would pay EUR 2.9 mln in equity and the remainder in loans for the two office complexes in Kaiserslautern and Frankfurt.
The subsidiary is currently in t alks to include a partner for up to 20% of the deal, Delek said.