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Barak sells TA apartment for NIS 26.5 mln

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Defense Minister Ehud Barak has sold his apartment in the exclusive Akirov Towers in Tel Aviv for NIS 26.5 million ($7 million). He and his wife Nili Priel had decided to sell the property four years ago.

 

Barak's profits from the apartment are an estimated NIS 14.5 million ($3.85 million). The apartment is listedas being mortgaged for the sum of NIS 12 million, a sum almost identical to the one Barak paid for the apartment in 2003. (Shai Pauzner, Calcalist)

 

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