-+ 0.00%
-+ 0.00%
-+ 0.00%
Max Stock signs lease for new Ofakim logistics center, sees monthly rent at ILS 1.7 million
Share
Listen to the news
Max Stock signs lease for new Ofakim logistics center, sees monthly rent at ILS 1.7 million
  • Max Stock signed a lease with G.T. (One) Holdings to build a 45,000-sqm logistics center in Ofakim, Southern Israel.
  • Handover expected in December 2028; 10-year term with two automatic five-year extensions, featuring a 5% real-rent step-up each extension.
  • Monthly rent estimated at about ILS 1.7 million, subject to VAT and indexation.
  • Fit-out investment estimated at about ILS 20 million; facility intended to expand capacity beyond existing centers and external suppliers.
  • Related-party deal: CEO Ori Max holds 50% of the lessor.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Max Stock Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609030223PR_NEWS_USPR_____IO40051) on September 03, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending