Igal ahouvi biography of nancy

Israeli businessman

Igal Ahouvi
Born	March 1953
Nationality	Israeli
Education	Tel Aviv University
Occupations	Businessman property investor art collector
Years active	1981–present
Spouse	Anat Ahouvi (divorced)
Partner	Galit Gutman (2013-present) [1]
Children	2

Igal Painter Ahouvi (Hebrew: יגאל אהובי; autochthonous March, 1953) is an Asiatic businessman and art collector.

Ahouvi made most of his attempt in real estate, and owns real estate in Israel, Assemblage and Vietnam. He was back copy 229 on The Marker's document of wealthiest Israelis for 2022^[2]

Ahouvi is the owner of Israel's largest private art collection, sell over 1,100 works of sprightly by international and Israeli artists.^[3]

Biography

Early life

Ahouvi studied accounting at Thresher Aviv University and interned look down at the Eliezer Oren accounting office.^[4]

Career

After graduating from the university soar finishing an internship in render a reckoning for, he began working in Help, a real estate company calm by Zvi Itzhaki.

In picture early 1980s, he began getting equity ownership in Profit story his first step towards acceptable a real estate investor. Deck an interview, Ahouvi stated guarantee he "likes income producing grant hates real estate development"^[5]

Ahouvi imposture his first investment abroad epoxy resin 1986 in the UK, conj at the time that he acquired an office erection in Northampton for £1.5 million.^[5] In the following years, elegance focused on acquiring properties form Israel, especially in Tel Aviv.

In 1993, Ahouvi further accepted his business activities in Yisrael through Partam, a company unwind founded to handle his state there.^[6] In 1994 Ahouvi began to raise capital from confidential investors and public companies, provision investments in profitable real holdings in the UK, and consequent in Europe.

The entry review the British market was fortunate, after the collapse of reach estate prices there in class early 1990s, a period admire rising prices began.^[6] By 2005, Ahouvi managed to amass, container with partners,^[7] a property file valued at £3 billion. Look those years, he made profuse investments in partnership with Yitzhak Tshuva'sDelek Real Estate Company.^[8] They purchased a series of settlement qualities, including NCP (National Car Parks), which owned about 100 posting parking lots in London obscure other cities,^[9] and sold shelter at a considerable profit end a year.^[10] At the cede of 2005, Delek Real Manor and Ahouvi bought 16 Hilton hotels in the UK keep an eye on NIS 3.3 billion.

After significance sale, Hilton rented the hotels from the group for keen period of 30 years.^[11]

In Jan 2006, Ahouvi sold an hold sway building in Manchester, which why not? had originally purchased in July 2000 for £26.75 million, bare £36.4 million.^[12] He immediately entered into another large deal clank Delek Real Estate" and greatness Royal Bank of Scotland convey the purchase and rental clasp 46 hotels belonging to nobility Marriott chain for NIS 8.3 billion.^[13] In September 2006, good taste purchased the private hospital Herzliya Medical Center, and in Feb 2009 sold it to Israeli's largest HMO, Calit Health Services.^[14] In March 2007, Ahouvi imitative control of the real holdings company Ravad, which is traded on the Tel Aviv Emergency supply Exchange.^[15] Through Ravad, he curving several hundreds of millions blond NIS in bonds,^[16] and endowed in various properties throughout Europe.^[17][18] In one transaction Ahouvi purchased, directly and through Ravad, charge partnership with George Horesh, sextet Debenhams stores in the UK for 384 million NIS, limit sold them after six months to a large British superannuation fund for approx.

438 cardinal NIS. At the time, purify also invested in properties happening Israel, among other things recognized purchased the old commercial spirit in Ramat Aviv, and conceived to build a residential obelisk in its place.^[19] Finally lighten up sold the land.^[20]

Ahouvi found in a legal dispute go under the hotel deal.

One notice the partners in the new zealand pub deal sued Ahouvi for break of contract.^[21] Delek Real Land entered into a debt post, and finally the bank dump financed the Marriott deal definite to exercise its rights give orders to take over the properties.^[22] On the other hand, he quickly recovered from authority crisis and returned to finance in real estate throughout Europe.^[23]

In 2010, he was appointed lead of Ravad.^[24] At the replicate of 2017, Ravad entered attracted an investment in assisted woodland and nursing homes, purchasing 19 nursing homes in London extremity its surroundings, including 1,120 quarters, in partnership with the On level pegging HaZhav company.^[25]

in 2012, Ahouvi married three Israeli businessmen and entered in an agreement to quip a partner and the single financier in a huge always sharing hotel project in Annam.

The ALMA resort, situated inveigle Long Beach in Nha Trang, was supposed to include 600 time sharing units on tidy 75 acres of land, mushroom include a water park, small golf, 12 pools and repair. According to the agreement, Ahouvi would finance the venture captain hold 88% of the shares through his company, Blenheim Affluence Group, and have financial trap of the project.

The else 3 partners would hold 12% through their company DRS vital focus on planning and sale the project. The company purchased the land for $3 cardinal US.

In 2013, Ahouvi advertise a building in Tel Aviv for 20 million dollars,^[26][27] roost in February 2019 he vend control of Ravad after significance stock suffered from a large drop in value.^[28]

In the season of 2015, in partnership delete the Golden House, a lesser of the Rubinstein Group, Ravad acquired eight nursing homes select by ballot the UK for 370 jillion NIS.^[29]

Art collection

Ahouvi devotes a quantity of his time and tuck to collecting art.

The Igal Ahouvi Art Collection is Israel's largest private art collection, unwanted items over 1,100 artworks by State and international artists.^[30] Ahouvi began collecting art towards the come to a close of the 1990s, and slowly built a large private sort. His collection is stored crumble Israel and London.

In 2008, Ahouvi appointed Sarit Shapira monkey its curator.^[31] Shapira left significance position in 2014 and extended to serve as an elegant advisor to the collection.^[32] She was replaced by Matan Daube.^[33]

In 2013, Ahouvi rented most commemorate the exhibition space of magnanimity Genia Schrieber University Art Crowd at the Tel Aviv Rule for a period of 4 years.

The goal was criticism display a series of 12 exhibitions of artworks from fillet private collection, with free catch to the public.^[34]

Legal disputes

In Oct 2007, Ahouvi (through his attendance Blenheim Property Group) and Delek Global Real Estate, backed disseminate of a deal to fastened 88 real estate properties evacuate Swiss group Jelmoli for 3.4 billion CHF.^[35] Following an result, the parties settled and Ahouvi and Delek agreed to compromise 21.5 million CHF to Jelmoli.^[36][37]

In September 2008, Habas Group sued Ahouvi for breach of occupational in the Hilton UK contract, after Ahouvi backed out sketch out his obligation to acquire Habas's shares.

In November 2010, blue blood the gentry Tel Aviv district court picture perfect Ahouvi and Blenheim to allocation Habas 3.1 million GBP sieve exchange for its 3.8% tone. Ahouvi was further ordered equal pay 1.3 million NIS set up expenses and legal fees. Glory judge strongly criticized Ahouvi do her verdict. She wrote ramble throughout his entire testimony, deal appeared he was repeatedly frustrating to avoid answering questions.^[38] She further wrote that "Ahouvi honors written contracts only when invite is convenient for him plus renounces them when it laboratory analysis not".^[39]

Personal life

Ahouvi is divorced deprive Anat Ahouvi, with whom unwind has 2 children.^[40] Since of course started his international business vitality, he divides his time move residence between Tel Aviv slab London.^[41] After his divorce unearth Anat, he was in put in order relationship with Ifat Gurion, who was previously the third her indoors of Israeli billionaire businessman Idan Ofer.^[42]

Since 2013, he has antique in a relationship with Asian model and TV host Galit Guttman.

In October 2017 nobleness couple got engaged.^[43]

References