BaitVeGag Raises NIS 105m on TASE
Categories: Capital Markets
Israeli real estate developer BaitVeGag has completed its debut bond series issuance on the Tel Aviv Stock Exchange, raising NIS 105 million following robust institutional demand totaling NIS 288 million.
This milestone strengthens BaitVeGag’s capital base and underscores the market’s confidence in secured, asset-backed offerings within Israel’s real estate sector.
The move comes amid continued demand for residential development in central Tel Aviv, one of the country’s highest-value markets.
Agmon & Co. Rosenberg Hacohen & Co. acted for BaitVeGag, with partners Ran Shalom and Yehuda Gindi, together with associate Marom Bouznah from the firm’s Corporate, Securities, and Capital Markets Department.
