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Commercial news from Israel - 20th May 2024

May 20, 2024

The Israeli AI data platform WEKA achieves unicorn status with $140 million Series E at $1.6B valuation.

I believe that sooner, rather than later, a ceasefire will come. The Middle East will face stability and rehabilitation in Gaza, a new order on the Israeli border with Lebanon and, the most important event for the area and the world, a normalization agreement between Saudi Arabia and Israel. There is much to wait for.

This week, my Hebrew post discusses a new client that, despite the challenging atmosphere in Israel, is looking to buy a hotel in Tel Aviv. You can read it on my FB, LinkedIn or I can send it to you.

We live, breathe, and get excited about real estate. We constantly analyse and execute transactions of all sizes for our clients in Israel and around the world. We’ll be glad to provide you with our knowledge and experience on commercial real estate, answer any question you may have, and share some other ideas that might interest you.

BULIGO CAPITAL LTD is buying two logistic assets in Texas. W. Crosby and Harry Hines.

MISHORIM REAL ESTATE INVESTMENTS LTD is selling a commercial center in New Port Verginia.