Amnon Shiboleth is head of and spokesman for a group of international
investors primarily from the US and Switzerland, including Albert Nasser and the Nakash
brothers (owners of Jordashe empire), which took over
a 51% stake in the Reform Company (owner of the Reform Plaza office building and Reform
Center, an unfinished shopping and entertainment complex, both located on Al.
Jerozolimskie, Warsaw). These investors have real estate investment experience outside
Poland, specialising
in office, residential, retail and leisure schemes.
- How long was the negotiation process between the investors and the
owners of the Reform Company?
- Negotiations started over 2 years ago. Primarily we talked about the shopping mall
(Reform Center), which will be called Blue City. At that time we signed agreements and
granted loans for it's construction. We had the right to convert the loan amounts into
shares in the Reform Company. We stated, right from the beginning, that we are not go