News

| Itai Itzkovich
January 16th, 2017

Gornitzky represented Melisron Ltd., the leading real estate company in the field of shopping malls and commercial centers, in a NIS 940 million issuance of public bonds

Gornitzky represented Melisron Ltd., the leading real estate company in the field of shopping malls and commercial centers, in a NIS 940 million issuance of public bonds. Melisron issued one new series of bonds, which is secured by a real-estate asset, and two existing series was expanded.

 

Melisron Ltd was represented by Sharon Werker-Sagy (Partner), Itay Itzkovich (Partner) Uri Heller, Inbal Zackay-Horev, Shahar Oshri and Shai Chen.

 

May 23rd, 2016

Gornitzky represented Melisron Ltd in a substitution proceedings of public bonds of its subsidiary, British Israel, with new public bonds of Melisron in a value of NIS 1.85 Billion. 

Gornitzky represented Melisron Ltd., the leading real estate company in the field of shopping malls and commercial centers, in a substitution proceedings of two publicly traded series of bonds issued by Melisron's subsidiary, British Israel, with two new series of publicly traded of Melisron’s in a value of NIS 1.85 Billion. The substitution of the bonds is executed by way of a motion to the Tel Aviv District Court in accorfance with section 350 of the Companies Law, pursuant to which British Israel shall cease to be a "Reporting Entity" in accordace with the Securities Law.


Melisron Ltd was represented by Sharon Werker-Sagy (Partner), Inbal Zackay-Horev, Uri HellerMichael Goffer (Capital Markets) and Noam Ronen (Partner, Litigation).

 

February 15th, 2013

Gornitzky & Co. represented Melisron Ltd., controlled by the Ofer Brothers Group, in the sale of two if its shopping malls for NIS 1.02 billion to a consortium of insurance companies.

Gornitzky & Co. represented Melisron Ltd. (TASE: MLSR), controlled by the Ofer Brothers Group, in the sale of two if its shopping malls - the Renanim Mall in Ra'anana and the Savionim Mall in Yehud - for NIS 1.02 billion to a consortium of insurance companies.

 

Melisron is selling the malls under its terms of agreement with the Israel Antitrust Authority following the acquisition of British Israel. This is one of the largest shopping mall transactions conducted in Israel's income producing property market in recent years.

 

Melisron Ltd. was represented by Shlomo Cohen (Partner) and Itai Itzkovich.

November 24th, 2016

Gornitzky represents a subsidiary of Vitania in a transaction to receive credit in the amount of approximately NIS 138 million, for the funding of a construction project in Ramat Ha'Chayal

Gornitzky represented A.S. Ori Investments and Property (2000) Ltd. (subsidiary of the Vitania Company) in a transaction to receive credit in the amount of approximately NIS 138 million, from the First International Bank of Israel Ltd. This amount is meant to serve as a construction loan for the funding of a complex construction project, which will extend over an office area of about 20,000 sq. m. in Ramat Ha'Chayal. The complex will include commercial areas, a parking lot and underground storage facilities.

 

The Vitania Company was represented by Eyal Marom (Partner) and Itay Itzkovich (Partner)

May 1st, 2016

Gornitzky represented Melisron Ltd., the leading real estate company in the field of shopping malls and commercial centers, in a NIS 1.2 billion issuance of public bonds. 

Gornitzky represented Melisron Ltd., the leading real estate company in the field of shopping malls and commercial centers, in a NIS 1.2 billion issuance of public bonds. Melisron issued two new series of bonds, one of them is secured by a real-estate asset, and one existing series was expanded.

 

Melisron Ltd was represented by Sharon Werker-Sagy (Partner), Inbal Zackay-Horev, Uri Heller, Maya Dvir, Michael Goffer (Capital Markets) and Itay Itzkovich (Partner) and Lior Grinblat (Real Estate).