Reality Fund raised NIS 1.7 billion in the first phase of the fundraising round for its new private investment fund, in spite of the relative stagnation in the real estate industry. Anchor investors include Migdal, Clal Insurance, Meitav Dash, Harel Investments, Amitim pension funds and teachers’ funds. Herzog advised the Group.
Author: Idan Nishlis
Israel has secured €1 billion (USD 1.1 billion) in financing from UK banking giant HSBC and Israel’s Bank Leumi to start building an overground light rail line in the greater Tel Aviv area. HSBC and Bank Leumi will provide the consortium – made of Israel’s Shapir Group and Spain’s CAF (Spain) – that has won […]
Read more in this feature in the Jerusalem Post.
Due to the lack of an established regulatory framework in the United States, in addition to the aggressive stance taken by the SEC and other regulators against the crypto industry, companies in this space may choose the safety and predictability found in crypto-friendly nations. Read more here.
Israel and Cyprus seek to bring Greece into the plan at a later stage. The two countries are also planning a gas pipeline between them. Read more in Globes.
Euromoney’s awards celebrate the market’s best real estate companies, investment managers, banks and alternative lenders of the past year. They will not only reflect commercial success but also sustainability, innovation and client service. Each shortlisted company has been independently selected by Euromoney based on evidence of outstanding commercial performance, as well as market leadership in […]
BLEnergy, a leading battery energy storage systems (BESS) integrator and provider in Israel, and its Chinese partner, CATL, the largest global manufacturer of energy storage solutions, have reached a major deal with Doral Energy Renewable Ltd. The second deal between them, this agreement will see the development, operation and maintenance of integrated photovoltaic and energy […]
N-Drip develops advanced irrigation systems that enable farmers who use flood methods for irrigation to switch to more precise and efficient irrigation that makes use of gravity, with no need for external energy input or pressure-based filters. Read more in Globes.
Bank Leumi has been Israel’s most valuable bank since May 2021, but Bank Hapoalim is now running it very close. Read more in Globes. Meanwhile, another lender – Israeli-UK venture lender, Kreos Capital, has been bought by BlackRock, at an estimated USD 300-350 million, aiming to provide a wider range of credit solutions to the […]
Enlight Renewable Energy has announced the start of commissioning of the first wind turbine at Genesis Wind on the Golan Heights. This is Israel’s largest renewable energy project, constructed at an investment of USD 350 million. It features 39 wind turbines from General Electric. The company says that the 207 megawatt project will provide clean […]
