ARENA MALL, HERZLIYA

Acquisition: 2016

The Mall is situated adjacent to the Herzliya Marina and beach and spans approx. 25,000 sqm of retail (leasable) space, comprising 2.5 floors.

The Mall is located in the vicinity of the Herzliya Marina (an area comprising a boat and yacht marina, holiday apartments, entertainment facilities and a seaside boardwalk), the southern part of the Herzliya boardwalk, high-end hotels (including the Ritz Carlton and Herods), Herzliya’s coastal strip and Herzliya’s employment and industrial zone.

The Fund intends firstly to act to increase the available revenues in the current situation.