Amir Shaltiel, founder and chairperson of Eldar Group, has announced the sale of the company's 25% stake in Metropolis to Allied Group. The deal values Metropolis at NIS 800 million, with Shaltiel expected to receive NIS 200 million in cash. Metropolis, founded in 2011, is active in urban renewal and has carried out projects in central Israel. Eldar Group, founded in 1999, also deals in long-term rental housing and mortgage consultancy.
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