Sharon Pershkovsky, CEO of Pershkovsky Investments (Photo: Tal Givoni)
A significant report to the stock exchange of the Parshkovsky company: Hotmail approved the 3003 Tamal plan in Rehovot - within the framework of which the company purchased agricultural lands with an aggregate scope of 108 dunams at a cost of NIS 225 million.
According to the plan, the Pershkovsky company is expected to build in the project that will be built on the acquired areas nearly 1,200 apartments, some intended for sale and some for rent, as well as approximately 29,000 gross square meters for commerce and offices. In the
report, Pershkovsky states that by the time the plan is approved, last Thursday (December 29, 2022) The company's areas were in an agricultural area and were included in the company's financial statements according to their cost in the company's books, which amounted to a total of approximately NIS 225 million - which includes a cost of approximately NIS 220 million as of the report for September 30, 2022 and an additional cost of approximately 4.8 million NIS for additional land purchased after the balance sheet date.
In accordance with the plan, the company will be granted rights in these areas to build about 508 residential units, 292 long-term rental units, rights in an area of about 5,720 square meters designated for commerce and about 22,973 square meters designated for employment.
Pershkovsky's Millenia project, in the Alef complex in Rishon Lezion (photo: Viofont)
In addition to transactions for the purchase of the company's premises, the company contracted with third parties in 2 combination transactions in which the combination rate is expected to be determined in accordance with the provisions of the agreements and taking into account the approved plan.
In accordance with the approved plan, in relation to the combination area in the first transaction, the sellers will be granted rights in the consideration lots for approximately 334 residential units, approximately 3,238 square meters designated for commerce and approximately 11,123 square meters designated for employment, when at this stage, the combination transaction with the company will only apply On the residential and commercial areas that will be attached to the residences, while in relation to the second combination transaction, the sellers will be granted rights in the consideration lot for approximately 62 residential units.
Furthermore, Pershkovski states in the report that as a result of the approval of the plan, the company will work, as part of its preparation for the preparation of the financial statements for 2022, to receive valuations from an independent external appraiser, and this for the purpose of presenting the areas designated for residential long-term rental, for trade and employment according to the fair values in the financial statements .
Real estate
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