Stock Exchange (Flash 90, pixabay)
Impressive expression of trust in Medipower, the yielding real estate company reported this morning (Sunday) that leading investment bodies in Israel have invested in the company’s capital as part of a successful completion of a total of NIS 43 million. of the company.
The raising was carried out at a price of NIS 662 per unit, and at a premium to the market price on the eve of the issue. As part of the raising, up to 6.5 million ordinary shares were offered to the public in 65,000 units, with each unit consisting of 100 shares. Excessive requests were received for orders to purchase a total of 109,829 units.
More in-
Medipower recently signed detailed investment agreements with an American technology company to provide short-term loans to contractors. As part of the move, Medipower is investing about $ 6 million in the American technology company, and intends to establish a private investment fund with an initial capital of at least $ 30 million (the company’s $ 5 million) that will provide real estate-backed loans through the platform. The first for 2022.
At the same time, Medipower continues to accelerate the implementation of the strategic growth plan and reported, last week, the signing of a letter of intent to purchase a commercial center in the state of Connecticut in the US for about $ 22.4 million, in addition to the recent significant deals completed with a portfolio of 5 open commercial centers. Supermarkets, in the metropolitan area of Philadelphia, in the state of Pennsylvania in the USA for about $ 114.2 million, as well as the purchase of a commercial center in the state of Georgia in the USA for a total of about $ 18.6 million.
Ron Stern, CEO of Medipower, said: “We thank the public for investing and are happy about the success of the recruitment and the expression of trust that the company has received from leading investment bodies in Israel. Successful recruitment will support our ability to implement our growth strategy, while continuing to acquire additional assets and continuing to improve the company’s existing assets. In addition, the success of the offering is a recognition of the high business potential that exists in entering the field of real estate loan financing and our ability to realize existing and potential business opportunities. ”
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