GLM Israel has initiated the establishment of an acquisition group, which acquired a parcel located in the renewing area of northern Jaffa, in front of the Noga Theater. Currently, a unique loft-building is being constructed, which will include 15 lofts and 3 penthouses. As part of the project, all adjacent buildings have been renovated. All the apartments in this project have been sold. Project establishment is at its final stages.