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OFER PETACH TIKVA

The most growing mall in the group and the second in sales per meter

PROPERTY DESCRIPTION

Ofer Petah Tikva Grand Mall is conveniently located on Jabotinsky Road, a major throughway. The Mall is the largest shopping center in the region, with 37,000 sqm of retail areas on three levels. The Grand Mall was opened in August 1999, and the adjacent 15,000 sqm office tower was completed in 2016, housing tenants including the Prima Hotel chain, Regus work space, and numerous aesthetic clinics. The Mall is a dominant shopping center for the population of Petah Tikva and its neighboring towns and cities, including Bnei Brak, Hod Hasharon, Shoham, Givat Shmuel, Givat Hashlosha, Kfar Sirkin, and the Ono Valley. In addition it serves the employees of the surrounding industrial zone and high-tech industries, as well as the visitors of the nearby medical center.

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IN BRIEF

GLA
51,000 sqm
City
Petach Tikva
Ownership
100%

KEY STATS AND FIGURES

8M
Visitors
800,000
People at 20 MIN
1,860
Parking Places
210
Number of Stores
97%
Occupancy
1,565
Total Valuation
101M
NOI per Year
0.8B
Sales per Year

CONTACTS DETAILS

Naomi Siman-tov

General Manager