Sharp stock market rises (pixabay photo)
The IPO market is recovering after a dream year and the beginning of a difficult year. The Harit Manivim Fund went out last night to raise Bezeq, where it received impressive demand of about NIS 231 million. In total, Yom took NIS 124.5 million at a price of NIS 2,291 per share, a price slightly higher than the closing price of the share yesterday on the stock exchange.
In the tender, 40 orders were received for the purchase of approximately 101,000 units, with a total monetary value of approximately NIS 231 million. 21 orders for the purchase of 54,358 units, for a total consideration of approximately NIS 124.5 million.
More in-
In the offering, the strongest hands invested in the capital market and included Migdal, Yellin Lapidot, Ayalon and Menora Mivtachim. The underwriters of the IPO were: Apex IPOs, Discount Capital, Rosario Underwriting, Orion Underwriting and Unicorn.
Recently, Manivim reported the purchase of 3 properties, in Or Yehuda, Acre and Caesarea, as well as a share in the lot for initiating an employment and commercial project near the Pardes Hanna-Caesarea train station, for a total consideration of NIS 181 million (excluding transaction expenses, mainly purchase tax). The total value of the income-producing real estate it owns, including the newly acquired properties, amounts to more than NIS 2 billion.
In addition, Manivim reported that it is negotiating the purchase of a commercial and office building in the center of the country for about NIS 180 million. Manivim is in fact the Harit Fund, which deals in the field of income-producing real estate in Israel. The fund’s activities mainly include the acquisition of income-producing properties in the fields of industry, logistics, offices, high-tech and commerce for the purpose of renting them.
Comments on the article(0):
Your response has been received and will be published subject to system policies.
Thanks.
For a new response
Your response was not sent due to a communication problem, please try again.
Return to comment