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Baran Group''s subsidiary, Nes-Pan Ltd., which is held -50%- by Baran Group Ltd., has entered, as a partner, into a real estate project in Toronto, Canada.

Publication: Business Wire
Publication Date: 28-OCT-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 28, 2003

The value of the project is approximately 95 millions Canadian Dollars

The Baran Group, Ltd. (NASDAQ:BRAN) (hereinafter: the "Company") announced that Nes-Pan Ltd., which is held (50%) by the Company, has entered, as a partner, into a real estate project in Toronto, Canada (hereinafter: the "Project").

The Project includes the construction of about 470 dwelling units in an area next to the Ontario Lake in Toronto, Canada. The value of the Project is...

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