Reit 1 Ltd. (TASE:RIT1) signed an agreement to sell bloc 6368, plot 277 in Petah Tikva, and an office building located over the land for ILS 35.8 million in cash on January 26, 2016. The consideration will be paid in two installments: 20% on the agreement signing date and the remaining 80% upon closing. Reit 1 Ltd. (TASE:RIT1) cancelled the sale of bloc 6368, plot 277 in Petah Tikva, and an office building located over the land on January 26, 2017.