Clal Insurance’s Acquisition of Rights in Hajaj Group

Gornitzky & Co. represented Clal Insurance in the transaction.

Clal acquired 75% of the rights to various companies in the Hajaj Group in two real estate complexes on Einstein St. in Tel Aviv, which provide rights to two commercial centers (with a total area of 13,400 square meters). 

The transactions in this case were highly complex, requiring a complicated system of agreements comprising original and unique solutions, taking into account that Clal Group is an institutional entity operating in the insurance industry.

The Gornitzky & Co. team was led by Partners Shlomo Cohen (Picture) and Itai Itzkovich together with Associate Eyal Liberman.

Involved fees earner: Shlomo Cohen – Gornitzky & Co.; Itai Itzkovich – Gornitzky & Co.; Eyal Liberman – Gornitzky & Co.;

Law Firms: Gornitzky & Co.;

Clients: Clal Insurance Company ;