Israel Canada (T.R) Ltd (TASE:ISCN) signed an agreement to acquire Lapid Complex in Eilat Street, Tel-Aviv from Israeli Lands Authority for approximately ILS 210 million on March 2, 2017. Israel Canada won the auction to acquire Lapid Complex. Out of total consideration, ILS 17 million is paid as as a guarantee and the remaining about ILS 194 million will be paid within 60 days.