Six months after the Fattal hotel chain announced its intention to enter the co-working space market, the chain finalized a transaction in which it would lease 3,500 m² in the industrial area in the north of the city to create a complex of shared workspaces. The building includes 10 floors of offices above a commercial floor, with Fattal leasing the top two floors of the building (9,10), totaling 3,500...
The Jerusalem District Planning and Construction Committee has approved the program to expand the Hamashbir building in the capital, which includes the addition of 98 apartments. WeWork, which currently rents two floors of office space in the building, is expected to rent the apartments and operate the WeLive system. The preparations for the first residential complex in Israel have been made. The...
The Israeli company SodaStream is to be acquired by PepsiCo for $3.2 billion. The CEO of SodaStream, Daniel Birnbaum, could earn up to $34 million in bonuses following PepsiCo's acquisition of the carbonated beverage manufacturer, according to a document issued to shareholders ahead of a special general meeting to approve the multi-billion dollar deal. The meeting, which will be held at SodaStream's...
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