REALITY FUND SELLS A PROPERTY ON CHEN BOULEVARD IN HERZLIYA

29.03.16


Reality Fund is happy to announce the sale of the property at Chen Boulevard in Herzliya. The property was acquired in December 2011.  The Fund worked to promote a new zoning plan, under the authority of the Local Zoning Committee, for a significant increase of the number of residential units (from 19 to 32). The sale of the property represents a yield of around 141% on the capital invested.