Itzhak Sella resigned as IREIT Global Group's executive director

Also, he is to step down as CEO.

Mr. Itzhak, 56, resigned following the completion of the 80% of the shares of IREIT Global Group in accordance with the terms of the Share Purchase Agreement dated October 5, 2016. Its effectivitiy was last November 11, 2016 but the effective date of his cessation as CEO would be announced on a later date.

He was responsible for strategic planning, overall day-to-day management and operations of the group.

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