Aroundtown to acquire up to 89.5% stake in Grand City Property.

Aroundtown, a real estate company, offered to acquire up to 89.5% stake in Grand City Property, a specialist in buying, optimizing and repositioning real estate. Financial terms were not disclosed. “Aroundtown has been a highly supportive shareholder to the Company for many years, and we welcome the offer announced today. We are also proud to present our results for 2025, which highlight the strength of GCP’s operational platform and the resilience of our portfolio. Through disciplined capital recycling into highly accretive opportunities, we are crystallizing value created in our assets," Refael Zamir, Grand City Properties CEO.