Land Plot

Effi Capital has sold a residential land plot in Ra'anana for NIS 194.2 million to Shmuel Baruch Investments, generating a modest pre-tax profit of NIS 4 million while significantly reducing corporate leverage.

After his aunt's death, Meir found a land purchase contract from the 1930s without a block or parcel number. An investigator followed the documents, located the lost land, and discovered why the "gold mine" is worth nothing.

Two partners held land in Ramat Gan in equal shares for years, with one partner building a private house on the plot. Following a demolition order, a dispute arose over the allocation of additional building rights.