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Silicom Ventures Introduces Gimmel Prestige: Premier Real Estate Networking Community in Israel

Posted on: Monday, 6 April 2009, 11:00 CDT

- Luxury Apartment Buildings Catered to International Community Fuse Luxury Living With Sound Investment

TEL AVIV, Israel and PALO ALTO, Calif., April 6 /PRNewswire/ -- Silicom Ventures, a renowned global business forum linking investors with entrepreneurs in the United States, and Arison Group's Shikun & Binui, Israel's largest construction company, have teamed up to build a unique luxury community in Israel. Located in one of the most attractive and sought after residential areas of North Tel Aviv, Gimmel Prestige's three state-of-the art buildings offer English speakers the opportunity to purchase a beachfront home in Israel while ensuring a return on investment.

Built to the highest modern standards, this unique project provides a platform for networking with likeminded business professionals and investors combining business with pleasure. With a lobby connecting the 11-story high rise buildings; Gimmel Prestige is designed to create a pampered, communal living environment tailored towards the international English community. The apartments' specifications combine technological innovation with unique design and an international finish, with amenities including a private tenants' club, a fully-equipped gym and sauna, and private parking.

Doubling as an investment proposition, Gimmel Prestige offers an advantageous return on investment in today's market conditions. Geared towards professionals, Silicom Ventures and Shikun & Binui are currently offering a reduced price to the California hi-tech community.

"With an Israeli twist, the Gimmel Prestige Real Estate project is bringing new levels of mixing business with pleasure by offering a fun-in-the-sun oriented vacation experience conducive to social networking. Coupled with Tel Aviv's numerous cultural and beach-oriented diversions, Gimmel Prestige helps serve as an umbrella platform to connect visitors from abroad during their stay in Israel," said Gadi Behar, founder and managing director of Silicom Ventures.

About Silicom Ventures

Based in Silicon Valley, California, Silicom Ventures' influence spans North America, Europe and Asia with investments ranging from life sciences and medical technology to semiconductors, software and media. The group is comprised of Venture Capital and Angel Investors who are high tech executives in leading Bay Area companies.

Beyond funding, Silicom Ventures adds value to companies by providing contacts with potential customers and partners, assistance with recruiting, and consultation on technical and business issues. Silicom Ventures also provides support services for entrepreneurs and new ventures. Silicom Ventures' members, sponsors, partners and advisors have the knowledge and experience to provide a variety of unique services to assist companies in achieving their corporate goals.

About Arison Group's Shikun & Binui Real Estate Development

Shikun & Binui Real Estate Development is the development arm of Israel's largest construction group, Shikun & Binui Arison Group, and thus enjoys financial strength with steady growth. The company has built more than 180,000 housing units in neighborhoods throughout Israel.

During 2003-2004, Shikun & Binui Real Estate Development raised about NIS 160 million in tradable securities and NIS 690 million in bonds issues, rated AA by Israel's largest independent credit ratings company.

Press Contact: Rebecca Mandel PR Consultant Koteret International Tel. +972-3-575-5778 #110 Mobile +972-54-4297755 Fax +972-3-575-5887 Rebecca_m@koteret.com http://www.koteret.com

SOURCE Koteret - Brodeur Israel

Source: PR Newswire

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