Rafael Superior Protection Programs is about to lease a big logistics middle near one in every of its current places of work, “Globes” has realized. A logistics middle spanning tens of 1000’s of sq. meters shall be constructed for it on land owned by Tidhar and Harel (75%) and Delek Group (25%).
“Globes” understands that the lease Rafael can pay shall be NIS 22 million per yr, for 25 years, totaling greater than NIS 500 million. As a part of the corporate’s enlargement, attributable to main progress 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 primary plant within the firm’s manufacturing division.
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As a part of the deal, Rafael, led by CEO Yoav Tourgeman, shall 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 attributable to soil contamination, and the businesses must clear up the soil earlier than development can start.
Rafael mentioned: “Rafael is rising at a really quick tempo and its exercise is growing considerably yr by yr. The corporate plans to ascertain a big logistics middle that may present a response to quite a lot of wants which might be at present dispersed between varied websites. The mission in Akko was discovered to be the most effective different each when it comes to geographical proximity to Rafael’s central institute, which can 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 mission 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.
