Show me an example Israel Real Estate News: GG Studios to be turned into real estate project

Saturday, July 28, 2007

GG Studios to be turned into real estate project

Seventeen years after forming GG Studios in Neve Ilan, Yoram Globus is willing to sell.
According to an interview with Yedioth Ahronot, Globus – who poured over $80 million into the studios – is finally willing to consider selling the studio's lot to real estate developers. The studios span 50 acres, 40 of which are owned by Globus himself. "I rejected anyone who offered to buy the land, but now I know the winds are changing," he said.