An unknown buyer agreed to acquire Heatherwood complex and Auburn Chase complex from ASRR Capital Ltd (TASE:ASRR) and other shareholders on October 14, 2016. ASRR Capital will sell its 23.71% stake in the assets and its share from the consideration is of about 18.97%. The Buyer deposited a guarantee on October 14, 2016. Parties entered into an agreement for the transaction on October 18, 2016. The transaction, subject to regular pre-conditions, is expected to close on November 29, 2016.