Rotshtein Real Estate Ltd. (TASE:ROTS) along with an unknown third party buyer signed an agreement to acquire 18 Acres Property in Binyamin from a third party seller for ILS 7 million on March 7, 2016. Rotshtein Real Estate along with an unknown third party buyer intends to undertake a loan to finance the deal. The transaction is subject to pre-conditions, such as registration of the asset under the buyer’s name and the asset purpose change that will allow the construction of a building between 180 and 200 residential units. Rotshtein Real Estate Ltd. (TASE:ROTS) along with an unknown third party buyer cancelled the acquisition of 18 Acres Property in Binyamin from a third party seller on March 7, 2017.