Israel Canada to Acquire Brown Hotels Chain | Globes
Israel Canada Hotels is rapidly expanding and will acquire Brown Hotels, Israel’s largest private hotel chain. The acquisition includes the brand, its loyalty program, website, eight hotels in Greece with 1,076 rooms, and ten hotels in Tel Aviv and Jerusalem with 779 rooms. Once completed, Israel Canada Hotels will manage around 3,600 rooms in Israel […]
Clal Insurance Acquires 15% Stake in ICR Real Estate for 1.5 Billion Shekels
As reported recently, Clal Insurance is set to acquire 15% of the real estate company owned by the Nakash family and Israel Canada, led by Barak Rosen and Assi Touchmair. Following the transaction, the company’s value is expected to rise to NIS 1.72 billion. Formerly known as Manarev Projects, ICR was previously purchased by Israel […]
