Connect with us

Hi, what are you looking for?

Jewish Business News

Real Estate

Gaydamak sells Jerusalem’s Bikur Holim hospital

 

Taaman Real Estate is buying the buildings from Arcady Gaydamak for $25.8 million.

 

Bikur Holim
/Shlomit Tsur and Aviv Levy/

Businessman Arcadi Gaydamak Has sold Jerusalem’s Bikur Holim hospital. Sources inform “Globes” that in the past few days, Gaydamak has sold the 19th century hospital buildings in downtown Jerusalem to Taaman Real Estate, owned by Shalom Haim, for $25.8 million plus VAT.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Haim told “Globes” that he plans keeping the hospital, which will continue to operate, while at the same time the company is investigating options for new support buildings such as a hotel and nursing home, on construction rights not yet utilized on the land.

Haim said, “We have roots in Jerusalem and so we intend retaining the current character of the location. In the deal, Gaydamak was represented by Adv. Israel Shalev and Taaman by the Milham Gitlitz Law Firm.

Bikur Holim is Jerusalem’s oldest hospital, which was first established in 1826 in the Old City and moved to its current building on the corner of Haneviim and Strauss Streets in 1910. In recent years, the hospital has been embroiled in financial difficulties and in recent weeks a decision was made to integrate it into Shaare Zedek Medical Center.

Published by Globes [online], Israel business news – www.globes-online.com

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.