Ansky and Hemed are also the developers of the Tel Aviv Port market and farmers markets in various places in Israel, including Shoham, Reut and Givatayim. The culinary market industry in Israel is a difficult and challenging one. The market in Jaffa Port closed down, while the Allenby-Rothschild market in Tel Aviv became insolvent; its owner, Kobi Tribitch recently went bankrupt with debts of NIS 19 million.
Sagi recently announced that he is establishing for the first time a single company that will consolidate all the Group’s real estate activities under one roof.
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The first significant step of the new company, LabTech, was completed last April with a huge deal to buy a building in central London worth £200 million, in which the group plans to expand its joint workspace network.
Besides Camden Market complex, a compound that is the first to be owned by one, Sagi owns dozens of commercial buildings, most of them in the Holborn area of the city.
About a year and a half ago, Sagi acquired the Holborn Links complex in central London, in a deal estimated at £300 million, which is bordering the Covent Garden market, near Soho and Oxfrad, with 34 buildings with a total area of 43,000 square meters Covering an area of 16 dunams.
Sagi continues to acquire additional buildings in the area.
