On the 8th of May, Avi Katz and Hanan Shemesh’s investment firm Hagshama published their second prospectus to the Israeli Securities Authority for a lucrative real estate project in the USA.  Katz and Shemesh aim to raise up to NIS 27 million (approx. USD 7.4 million) to fund the procurement and renovation of a lucrative commercial centre in the State of Michigan, USA, which was acquired at a cost (including loans) of NIS 78 million (approx. USD 21.7 million).

Hagshama was advised by Adv. Ilanit Landesman-Yogev, Partner and Head of Securities and Capital Markets, Adv. Efrat Tzur, Partner, and Adv. Uzi Cohen.

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