Gindi Extension of the Mall Sold!

giva-575As reported on Gabashnik, the new Gindi extension of the Givat Shmuel Mall was just to a private individual, for 36 Million NIS.

Opened in November 2014, the Gindi part of the mall now hosts 14 stores, and is the second stage of Kanyon Hagivah built so far. The third, and final stage is currently under construction.

Sources at Gindi Investments explain that the decision to sell is in line with their organizational goals, and they usually parcel off smaller shopping centers upon completion.

No changes in layout or businesses are expected to occur as a result of the sale.