The move would catapult Carasso Motors onto the Tel Aviv Stock Exchange’s TA-100 index and boost the firm’s equity to about NIS 800 million.
Richard Marin wants $1.25m; Africa says he owes them money.
Leases have been signed for 78% of the leasable area, a portion of which include temporary discounts or initial grace periods.
The deal is still waiting for regulatory approval.
Speculation in the market as to the scope and outcome of the offering since the prospectus was released last month had depressed the energy company’s share price by 13%.
Ofir Greenberg's mission: To try to revive real estate firm.
Other Israeli real estate companies have been going in an opposite direction - seeking opportunities in the bruised U.S. real estate market.
Fischer calls in bank chiefs to warn of real estate bubble.
Atrium, whose balance sheet exceeds 3 billion euros, is controlled by the Gazit-Globe conglomerate run by Chaim Katzman and Dori Segal, and is dual-listed on the Vienna and Euronext Amsterdam stock exchanges.