July '24

Insurance company Migdal acquires 18% of Electra Real Estate, a subsidiary of Electra.
Migdal Insurance will inject NIS 285 million into Electra Real Estate at a valuation of NIS 1.3 billion Pre-money and NIS 1.6 billion Post-money.

June '24

B.S.R Engineering & Development Ltd. has signed an investment agreement under which JTLV Fund will invest approximately NIS 180 million in exchange for the allocation of shares constituting approximately 27% of the company’s capital and will be part of the controlling shareholders.

June '24

Car importer Carasso Motors (Frisbee) acquires 51% ownership of electric vehicle charging company GNRG.

May '24

Namco Reality LTD, owned by the American businessman Yigal Namdar, completed the issuance of a new series of bonds secured by a first-position mortgage over 15 residential properties in New York, in the amount of approximately 550 million NIS, and at an interest rate of approximately 6.25%.

April '24

Extell Limited, owned by the US developer Gary Barnett, completed an expansion of the company’s bond series in the amount of approximately 230  million NIS.

April '24

Property and Building Corp. successfully raised approximately 1.3 billion NIS through a secured Bond offering on the Tel Aviv Stock Exchange, bearing an interest rate of approximately 6.63% for the purpose of refinancing the 10 Bryant Park building (formerly HSBC Tower) in Manhattan, New York.

April '24

West Coast REIT – Pacific Oak completed an offering of a new series of bonds in the amount of approximately 288 million NIS at an interest rate of approximately 9.5%.

April '24

The Leser Group LTD, controlled by Jewish businessman Abraham Laser, completed an offering of a new series of bonds totaling approximately 300 million NIS at an interest rate of approximately 8.9%.

March '24

In March 2024, Copperline Americas Limited, owned by the Schlesinger family, completed an offering of a new series of bonds totaling approximately NIS 195 million, which was primarily used to replace an existing series of bonds of the company.

February '24

Lightstone Enterprise, owned by the American businessman David Lichtenstein, completed an offering of a new series of bonds totaling approximately $650 million, which were primarily used to refinance the Moxy Chelsea hotel, which was transferred to the company in connection with the offering.

February '24

The real estate company, Effi Capital Real Estate Ltd, owned by Effi Shkedi, has successfully raised about NIS 92 million in its first public offering of shares & Warrants on the Tel Aviv Stock Exchange, based on a company value of approximately NIS 370 million.

January '24

Carasso Real Estate Ltd has successfully completed the expansion of a debentures series, rated A, totaling approximately NIS 300 million in January 2024.

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