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Israel’s most expensive home sold for NIS 135m

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Monday, January 3rd, 2011

As reported in Globes:

High-tech and media billionaire Zaki Rakib sold his Herzliya Pituah home to online gaming billionaire Teddy Sagi.

Israel most expensive home has been sold. Sources inform ”Globes” that Playtech Cyprus Ltd. (AIM:PTEC) controlling shareholder Teddy Sagi bought the seafront house on Galei Techelet Street in Herzliya Pituah from Ma’ariv Holdings Ltd. (TASE: MARV) controlling shareholder Zaki Rakib for NIS 135-145 million. The deal was closed by Sagi’s representatives.

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