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Commercial news from Israel - 1st July 2024
July 1, 2024OpenAI co-founder Ilya Sutskever is founding a new AI company with offices in Tel Aviv. Safe Superintelligence (SSI), the new company founded by Sutskever, Daniel Gross and Daniel Levy, will emphasize safe developments in the field of artificial intelligence.
I believe that sooner, rather than later, a ceasefire will come. The Middle East will face stability and rehabilitation in Gaza, a new order on the Israeli border with Lebanon and, the most important event for the area and the world, a normalization agreement between Saudi Arabia and Israel. There is much to wait for.
This week, my Hebrew post discusses my privilege of hosting eight startup companies that take part in the first round of the scale-up program Reach Israel, a program that promotes and places the startups that participate in it at the forefront of the world of global Proptech real estate technologies. You can read it on my FB, LinkedIn or I can send it to you.
MIVNE REAL ESTATE (K.D) LTD is selling the shopping center and offices compound Sunnyside Mall in Bedford, Canada, (29,000 Sq.m) for CAD39.5 million.
ELECTRA REAL ESTATE LTD announces the first closing for the recruitment of investors for a fund to invest in offices in the UK in the scope of raising capital of approximately £65 million.