Ella has completed a private placement

Ella has successfully completed a private placement with Mizrahi Invest, the investment arm of Mizrahi Tefahot Bank. The fundraising supports Ella’s continued growth and expansion, while positioning the company ahead of a potential initial public offering (IPO) on the Tel Aviv Stock Exchange.

Founded in 1991, Ella is a real estate company operating across three main business segments: income-producing real estate, development real estate and hospitality. In income-producing real estate, the company focuses on the origination, identification, acquisition, development, construction and leasing of assets in Israel and, since 2022, also in Greece and Cyprus. Its real estate development activities include the identification, origination and development of properties for sale. In addition to its core real estate activities, Ella is engaged in hospitality-related services, as well as the management of fitness centers, the provision of property management services and construction services.

Oaklins’ team in Israel acted as the advisor to Ella in this private placement.