Rotshtein Realestate Ltd (TASE:ROTS) signed an agreement to acquire an additional 25% stake in Karmei HaNadiv Project in Kiryat Mal'aji for ILS 61 million on September 6, 2019. Rotshtein Realestate will pay ILS 6.5 million upon signing of agreement, ILS 3.5 million is payable each January from 2020 until 2026, ILS 1.5 million is payable each January from 2027 to 2036, an advance of ILS 11.5 million and an additional ILS 3.5 million will be available from March 2020 for a period of 2 years. Post-completion, the stake owned by Rotshtein Realestate in Karmei HaNadiv will increased to 53% from 28% and seller's stake will decrease to 47% from 72%.