Lahav LR Real Estate Ltd (TASE:LAHAV) entered into an agreement to acquire a commercial building in Zulpich, Germany for €1 million on April 12, 2016. To finance the consideration, Lahav LR Real Estate is negotiating a loan from a German bank of about €0.5 million. The deal is subject to pre-conditions. Lahav LR Real Estate Ltd (TASE:LAHAV) completed the acquisition of a commercial building in Zulpich, Germany on July 19, 2016.