Migdal invests in actual property co Man & Doron Levy

Migdal is shopping for 14% of Man & Doron Levy Engineering, Development and Funding for NIS 325 million, persevering with its acquisition marketing campaign amongst actual property corporations. Man & Doron Levy is a privately-held actual property firm develops residential tasks and income-producing tasks, and is owned by brothers Man and Doron Levy.

The deal values the corporate, which is inspecting the potential of a flotation on the Tel Aviv Inventory Change, at NIS 2.325 billion (post-money). Migdal may even be allotted warrants for an allocation of bizarre shares of the corporate representing 4% of its issued and paid capital.

The corporate was based in thirty years in the past, and has constructed some 10,000 housing items in Tel Aviv and the middle and likewise within the north below Israel Land Authority tenders and together and concrete renewal offers.

The cope with Migdal falls right into a acknowledged sample of actual property corporations planning an fairness or bond providing that first usher in a monetary establishment as a strategic associate.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on July 2, 2026.