Bat Yam, Israel – Exit April 2017

Successful exit

>>>>Bat Yam, Israel – Exit April 2017
Bat Yam, Israel – Exit April 2017 Hagshama 2018-07-05T22:22:12+00:00

Project Description

Real estate project for investment in Bat Yam - Tama 38

Renovation of an apartment building including implementing NOP 38, adding 8 apartments, reinforcing the building according to Regulation 413 for building reinforcements, updating of building exterior, replacing rails in the front, building a new entrance lobby, adding an elevator, developing the public area, renovating the bomb shelter, and updating the water, sewage and electrical systems.

43 Hanevi’im St., Bat-Yam, Israel

Year launched

2012

Expected duration

15 Months

Actual duration

55 months

Property investments are illiquid, and past performance is no indication of future success

About the neighborhood

Bat Yam is located in the Tel Aviv district, south of Tel Aviv, north of Rishon LeZion and west of Holon. It has a population of 130,000 people and is the 12th largest city in Israel.

About the sponsor

פאטו יזמות ובניה

Pato Ventures and Construction specializes in real estate projects in Israel and abroad. David Pato, company CEO, has experience managing large, complex projects and working with architects, engineers and contractors. Among others, he is responsible for the Bezeq offices in the Azrielli building.

The opportunity

Real estate project for investment in Bat Yam - Tama 38

Renovation of an apartment building including implementing NOP 38, adding 8 apartments, reinforcing the building according to Regulation 413 for building reinforcements, updating of building exterior, replacing rails in the front, building a new entrance lobby, adding an elevator, developing the public area, renovating the bomb shelter, and updating the water, sewage and electrical systems.

Other projects by the sponsor

Hagshama 2018-07-05T22:22:12+00:00

Bat Yam, Israel – Exit April 2017

Renovation of an apartment building including implementing NOP 38, adding 8 apartments, reinforcing the building according to Regulation 413 for building reinforcements, updating of building exterior, replacing rails in the front, building a

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