Rafael Superior Protection Techniques is ready to lease a big logistics middle near one in every of its current workplaces, “Globes” has realized. A logistics middle spanning tens of hundreds of sq. meters will likely be constructed for it on land owned by Tidhar and Harel (75%) and Delek Group (25%).
“Globes” understands that the lease Rafael pays will likely be NIS 22 million per yr, for 25 years, totaling greater than NIS 500 million. As a part of the corporate’s enlargement, because 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 most important employer in northern Israel, and the selection of location stems from its proximity to the David Institute in Haifa Bay, the principle plant within the firm’s manufacturing division.
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As a part of the deal, Rafael, led by CEO Yoav Tourgeman, will likely 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 because 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 rising considerably yr by yr. The corporate plans to determine a big logistics middle that can present a response to quite a lot of wants which are at the moment dispersed between varied websites. The undertaking in Akko was discovered to be the perfect various each by way of geographical proximity to Rafael’s central institute, which is able to guarantee accessibility and effectivity, and because of the value and viability of the deal.
In June, Rafael introduced that it’ll buy 6.5 flooring within the Cosmopolitan undertaking 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.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on August 7, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
