Rafael Superior Protection Techniques is about to lease a big logistics middle near one in every of its current workplaces, “Globes” has realized. A logistics middle spanning tens of 1000’s of sq. meters will probably be constructed for it on land owned by Tidhar and Harel (75%) and Delek Group (25%).
“Globes” understands that the hire Rafael pays will probably be NIS 22 million per yr, for 25 years, totaling greater than NIS 500 million. As a part of the corporate’s enlargement, as a result of main development within the protection industries, Rafael has determined to merge a number of logistics complexes right into a hub to be in-built Akko. Rafael is the largest employer in northern Israel, and the selection of location stems from its proximity to the David Institute in Haifa Bay, the primary plant within the firm’s manufacturing division.
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As a part of the deal, Rafael, led by CEO Yoav Tourgeman, will probably be given an possibility to purchase a part of the logistics middle at a later date.
Tidhar and Harel bought their 75% share from Delek in 2021 for NIS 150 million. The land has remained vacant since 2003 as a result of soil contamination, and the businesses should clear up the soil earlier than development can start.
Rafael mentioned: “Rafael is rising at a really quick tempo and its exercise is growing considerably yr by yr. The corporate plans to ascertain a big logistics middle that may present a response to a wide range of wants which can be at the moment dispersed between numerous websites. The venture in Akko was discovered to be the perfect different each by way of geographical proximity to Rafael’s central institute, which is able to guarantee accessibility and effectivity, and as a result of worth and viability of the deal.
In June, Rafael introduced that it’s going to buy 6.5 flooring within the Cosmopolitan venture in Tel Aviv’s Hassan Arafa district from Acro Actual Property, Phoenix Monetary, Yuvalim, Metropolis Boy and Shabbat Moshe for NIS 521 million.
No touch upon this report has been forthcoming from Rafael.
Printed by Globes, Israel enterprise information – en.globes.co.il – on August 7, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
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