TEL AVIV (Reuters) – Israel’s Harel Insurance Investments and Financial Services
Manulife Investment Management is the investment arm of Toronto-based Manulife Financial Corp
Harel said the two firms will invest in offices, industrial properties and residential real estate. This agreement is part of Harel’s strategy to diversify its real estate portfolio with the aim of creating steady yields for its clients at low risk, the firm said.
(Reporting by Tova Cohen; Editing by Steven Scheer)