Our firm is proud to represent Hertz Group Realty Trust, the first U.S. REIT to offer UPREIT shares in Israel, in this first-of-its-kind and precedent-setting process in the Israeli capital market.
Our firm represented the huge real-estate developer Westdale Properties, from Dallas, Texas, in a NIS 500 million bond raise (IPO) on the TASE, conducted by way of book building.
As in previous years, our firm has been ranked by the international ranking guide, The Legal 500, among the top Israeli law firms in the capital market and insolvency practice areas, with Adv. Israel Shimonov ranked as one of the foremost experts in capital markets. Among other things, our firm...
has been described as "a real force in the capital markets space."
We are very pleased and glad to announce that Adv. Benjamin Ben Zimra was promoted to be a Partner in our firm from January 1st 2019.
Adv. Benjamin Ben Zimra is an associate in our firm since 2014 and is specialized in foreign companies’ representation specially from...
the US and is a co-head of the US companies department in our firm alongside with Adv. Dudi Berland, Partner.
Our firm represented MRR Thirteen Limited, controlled by industrialist Anand Mahindra, New York real estate owner and developer Rotem Rosen and Jerry Rotonda in the acquisition of Hotel Indigo Lower East Side New York. The transaction was financed by means of USD 100 million in equity provided by the controlling...
shareholders, as well as USD 73 million in debt financing at the TASE in bonds backed by a primary lien on the hotel.
Our firm represented Yitzhak Tshuva's real estate giants Elad Canada Realty Inc. in a NIS 204 million bond offering at the TASE.
Our firm represented the Saidoff group in one of the largest and most prominent transactions in recent years, involving the acquisition of control in real estate and infrastructure giant Shikun & Binui from the Arison group.
Our firm represented Zahi Arabov - Owner and Chairman of real estate investment giants Arabov Investments – in the acquisition of 25% of the company's shares and a loan agreement by The Phoenix Insurance Group for a total consideration of NIS 260 million.
Our firm represented Emilia Development and prominent Israeli industrialist Gad Zeevi in a large-scale transaction involving Emilia Development's acquisition of the effective control in Overseas Commerce.
Adv. Amir Bar-Tov and Aina Wexler from our Firm represented the Seydoff Group, which is owned by American businessman Naty Saydoff, in a transaction to acquire a controlling interest (46.9%) in the real estate and infrastructures company "Shikun & Binui" from Arison Investments, owned by Shari Arison, for NIS 1.1 billion.
In April 2018, our law firm led the amendment of the TASE Bylaws to allow the issuance of bonds by a foreign partnership.
Our firm represented Israel Canada Ltd. with respect to a share offering to accredited investors, in an amount of approximately 100 million NIS.