Three major retail chains in Israel, Shufersal, Rami Levy, and Yohananof, have become key players in the real estate market with assets worth approximately 10 billion shekels. Beyond their retail activities, they also invest in shopping centers, office buildings, and land designated for residential or hotel projects. Shufersal, for example, fears the history of its competitor Mega, which is why it is working to expand its real estate holdings to secure its future. Rami Levy, for his part, invests most of the dividends he has earned in real estate, understanding that these investments can yield high returns in the future. Yohananof is not lagging behind and is also making significant investments in this field. The competition between the chains not only strengthens their position in the retail market but also marks their transition into the world of real estate, indicating a trend shift in the real estate market in Israel.
Yohananof, Rami Levy and the Amir Brothers - The New Real Estate Tycoons
Source Themarker
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