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(From Israel Business Arena)
Byline: Elazar Levin
Africa-Israel Investments (TASE:AFIL) will build 4,000 apartments throughout Israel in the next three years, CEO Pinchas Cohen and residential division director Yoram Keren said today. The apartments' value in sales prices, including land, will reach NIS 4 billion.
Cohen said this figure included projects under construction and in advanced planning stages, including: A luxury high-rise with 140 apartments adjacent to an existing project in Givatayim. Neve Schuster Co. is a partner in this project. A 210-apartment "vacate and build'' project on Halavie St. in Givatayim. Africa-Israel already has …