Israel's Electra Real Estate has scored two firsts with the acquisition, along with an unnamed partner, of a portfolio of 10 office properties in the Netherlands and Germany for NIS 1.5 bn (about EUR 276 mln). The deal was the largest ever carried out by Electra and its first in the Netherlands. Electra agreed to buy 70% of the portfolio for NIS 1.05 bn (EUR 193 mln), bringing its total volume of transactions this year to more than NIS 5 bn, Israeli newspaper Haaretz reported.
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