Azorim

Abu Family Magurim has finalized a 120 million shekel acquisition of 50 apartments in Netanya from Azorim. The deal expands the company's long-term rental portfolio to 1,440 units nationwide.

Abu Family Residential has agreed to purchase 50 housing units in Azorim's Netanya project for 120 million shekels, highlighting a broader trend of REITs acquiring unsold inventory at a discount amid a residential slowdown.