Rehovot Mall ranked as Israel's 9th leading shopping mall

Malcha ranked as Israel's leading shopping mall: The Jerusalem mall displaced Ramat Aviv as number one in "Globes" top ten malls.

By Ilanit Hayut, 17 Nov 09 18:36

Jerusalem's Malcha mall is Israel's new leading shopping mall according to "Globes" 2009 shopping mall top ten. Malcha, owned by Azrieli Group, displaced the Ramat Aviv Mall, which slipped down to third place. The Ramat Aviv Mall was recently sold by Africa-Israel Investments Ltd. (TASE:AFIL; Pink Sheets:AFIVY) to Ofer Brothers unit Melisron Ltd. (TASE: MLSR), which also owns the Kyrion Mall in Haifa Bay, which moved up to second spot in this year's rankings from fourth in 2008.

The Azrieli shopping mall in Tel Aviv stayed in fourth place, while Herzliya's Seven Stars Mall, owned by Israel Land Development Company (TASE: ILDC) moved up from seventh place to fifth place. Unchanged in sixth place is Azrieli Group's Ayalon Mall in Ramat Gan, the country's first-ever mall opened in 1985. In seventh place, down from fifth, is Eilat's Mul Hayam Mall, followed by Petah Tikvah's Hagadol Mall in eighth, the Rehovot Mall in ninth, up from twelfth. Rishon Lezion's Hazahav Mall and Haifa's Grand Canyon Mall tied for tenth place...

Read full article at Globes