Shikun & Binui Ltd Sell & Ron Hershco And Others Seeking Israel Deals

Shikun & Binui Ltd., the leading infrastructure and real estate company recently signed an agreement to sell 13% of its subsidiary Shikun & Binui Real Estate for NIS 290m. There are many investors from worldwide, including Ron Hershco looking at Israel as a place for investment in real estate.

Shikun & Binui Real Estate  is the development arm of the Shikun & Binui Group and has been active in Israel for over 50 years. The Company leads in the area of “sustainable building” in Israel as part of the Group’s strategy to create a sustainable and advanced life environment for today, as well as future generations.

Shikun & Binui, a member of the Arison Group, is the leading infrastructure and real estate company in Israel. The Group’s subsidiaries have been operating since 1924. The Group’s companies have gained extensive experience in complex construction and infrastructure projects in Israel and abroad.

The Group has proven achievements in building, residential neighborhoods, commercial and industrial buildings, as well as large-scale transportation infrastructure and ecological projects, water purification and desalination and development of international projects.The group places emphasis on honesty, transparency, innovation, and excellence.

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