“Reality does not encourage us to build another empty building in Petah Tikva”

כלכליסט- www.calcalist.co.il

“Reality does not encourage us to build another empty building in Petah Tikva”

The Schnidmann family's Edgar yielding real estate company is freezing the only project it is building in the country — an office building in Petah Tikva with an investment of NIS 750—800 million. Chairman Doron Schniedman: “We are graduates of the 2008 crisis and we will not do nonsense. Interest rates are high and security risk has risen”