Real Estate & Construction / 1.10.2021

Provision of the full legal support for our client in structuring the transaction

We provided full legal support for our client, the subsidiary of two large Israeli companies, Electra and Canada-Israel, in developing 240+ hectares for a large residential construction project and structuring the transaction to sell part of the area to Setl City group. Our legal support of the transaction included working on structuring the transaction (including developing a complex multi-stage payment structure for the land plot purchase price calculated as a percentage of the profit from sales with loan financing) and on drafting and negotiating all of the agreements with Setl City, communicating with state authorities, banks, and insurance companies.

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