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The Marker | By Arik Mirovsky | 11/8/2013

The buyer is the French Amouyal family, which is a partner in the Eilat Meridien Hotel


Electra Real Estate Ltd. announced today (Sunday) that it accepted an offer for the purchase of its part in the Tel Aviv Royal Beach Hotel and the project's parking lot, in consideration for NIS 209 million, plus legally required VAT and linkage differences, with at least NIS 186 to be paid on the date of closing the transaction and delivery of possession of the property, with the rest paid within six months of said date.